Overview
This company was an early developer of graphic programs for personal computers. In order to grow, the founder of the company obtained a venture capital investment containing a buyout provision that allowed the venture capital group to consolidate this and other similar companies into a major software development company.
Problem Encountered
The problem was that this company had to prove itself or be "swallowed up" by other companies.
Our Solution
Working at the
request of the venture capital manager, and with the concurrence
of the president of the company, the GSG principal worked to install
more universal management practices within the organization.
Results
During
this assignment, the venture capital company agreed to make a further,
significant investment in the company. Based on the performance
of the consultant and the rapport established with the president,
GSG was later engaged by the president of the company to help him
evaluate a new product program.
Related Links
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