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“Managing Infineon for Shareholder Value was
one of the best workshops I ever attended”.
Dr. Ulrich Schumacher, President & CEO
Infineon Technologies AG
“Penn demystified the
financial system and turned it into understanding that can be used”.
DeanClubb, Executive
Vice President
Texas Instrument
“I have personally
utilized the skills of Penn Post, in the areas of finance, balance sheet
consultation, training and education of financial and non-financial
personnel, including strategic planning. My company and I have been more
than 100 percent satisfied with Penn’s services and products. Needless to
say, he has never failed to exceed our expectations.
Whether your company is
a major corporation or a small business, Penn’s insights perspective and
unique approach to business will provide new opportunities to enhance your
firm’s bottom line. I enthusiastically recommend Post Associates as a
means to meet your needs”.
Martin W. Phillips,
Vice President, Business Management
Lockheed Martin Skunk Works
“Penn Post has taught
our employees about the importance of shareholder value, how to understand
business metrics, and ways to increase revenue. This education has helped
the managers and individual contributors in our technology-based
organization become more business focused”.
Larry Sherrell, HR
Manager
Digital Light Processing, Texas Instruments.
“The training by Penn
Post helped align our management team with the high expectations of the
financial community and gave us a focus and commitment to improve
shareholder value”.
John Schultz,
Controller
Lockheed Martin Missiles and Space Systems
“Penn Post heightened
our managers’ awareness of what it takes to be a successful business.
Once our people understood our performance measures and why they
were chosen, they developed their own action plans, and are striving to
achieve them.”
Bob England,
General Manager
Strategic Business Unit
“Our company
is transitioning from R&D to a profitable business.
Post Associates helped our very technical staff understand what
it takes to be a successful business, and understand the actions being
taken to reduce costs and assets.”
Betsy See, Group
Controller
“This workshop, expressing
the corporation’s needs in terms of financial strategy, is an excellent
‘hook’ for strategy deployment.”
Tom Underhill,
Executive Director
European Business Unit
"I’m in charge
of a great many assets. I
didn’t realize how important they were to our financial success.
Ones that aren’t paying their way will be disposed of.”
Russ
Howell, Factory Operations Manager
"If you aspire to manage a profit
and loss business entity, this workshop is
vital"
Dwain Chaffin
Vice President, Advanced System Logic
"Spending time to analyze our
financial performance and to compare it to
competition was very enlightening. Even
with the huge improvements made last year,
there is still room for lots of
improvement."
Tom Thorpe
Vice President, World Wide Productization
"An excellent course for business
and technical teams to take together to
better understand their impact on our
company performance."
Bill Eversole
Vice President, Communications &
Electronic Systems
"The Managing for Financial
Success and Shareholder Value course
should be made mandatory for all company
managers. Understanding and application of
the concepts in every organization is
fundamental to our long-term
success."
Greg Delagi
Director, Western Area Sales and Marketing
What our clients say about Profit
Adventure:
“It’s been 1 1/2 years since you
facilitated our Profit Adventure Workshop. I felt it appropriate to
look back on our performance and understand the lasting effect of this
excellent training.
It’s hard to quantify our people’s
understanding of how the small things they do can mean so much to the
overall performance of the company. I find people have a greater
understanding of the big picture. Most now have a fundamental
understanding of cash, profit and overall sales volume’s impact on the
company.
Our day’s sales outstanding
(receivables) have declined by almost 10%.
Our staff has negotiated more favorable terms from several vendors and
finished goods inventory has declined by 16%. These
improvements have had a very positive effect on our working capital.
In summary, Profit Adventure has had
a lasting impact on our team.”
President, clothing manufacturer
“Since running the Profit Adventure
session our staff has really understood the need to work as a team to
achieve our business plans. The sales department understands the
need for growing the business and being responsible with their pricing
practices. For the first time I believe they understand that not all
gross profit dollars are of equal value.
Beyond creating a more understanding
work environment, our most notable and quantifiable improvement centers
on trading margin. Our sales force now understands the cost of
reducing price in a business with low margins and have successfully
introduced new products and programs that have resulted in almost a full
point of margin improvement.
It is amazing to us the desire
they have to improve the quality of the business, even though they
do not receive direct benefit within their compensation plan.
It was a real learning for us and
has brought tremendous value to our business.”
Vice President, Operations, Master Distributor
“The Profit Adventure program we ran
nine months ago focused on margin improvement and inventory turn
improvement, two critical elements to our business plan.
We used the action items everyone
agreed to as steps to move us forward to maintain our focus. With your
training and our follow-up, I am pleased to inform you that we
realized a full point of profit margin improvement within sixty days of
the session, and more importantly we have been able to sustain
that gain for the past nine months. During this time of margin
focus our warehouse sales volume has outperformed the market. Our sales
people are focused on managing their margin and evolving the product mix
to improve margin.
Inventory performance has also
improved measurably. We have put programs in
place to more closely manage new and slow moving items, and the sales
force has been much more supportive and successful
selling the items we actively stock.
Thank you for the session. It has
truly made all operating groups understand the financial measures of our
business and the need to work as a team to achieve success.”
Division General Manager, Electrical Distributor
“I would like to express how
impressed our employees were with the session of Profit Adventure you
facilitated for our Store Managers and Merchandise Managers. The game
truly drove home the importance of how each Managers daily
decision-making processes impact profitability. Specifically,
the greatest value in assisting our decision
makers was the application of the 1% difference to real situations faced
in our retail business environment.
The fast pace and ever-changing
retail environment requires our company to remain a leader in the
industry. We believe Profit Adventure is an important tool to build
business skills and a good reminder of how big an impact a 1%
difference can make.”
Vice President, Retail Operations, Drugstore Chain
“In years past we have implemented a
variety of management training programs, but have never found the right
tool to develop financial skills. Profit Adventure was the
perfect solution in a fun atmosphere. It has been a
great tool to teach our managers how their day-to-day
decisions impact profitability.”
Vice President, Human Relations, Manufacturing Company
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