Atlanta Business Leaders Share Best Practices for Prioritizing Investments to Drive Profitable Growth

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Every company, regardless of size, must prioritize its investments by considering five key parameters

Atlanta executives came together on May 13th at The Buckhead Club to share experiences and discuss how to best prioritize investments for achieving and sustaining profitable growth. The event, co-hosted by Progility Partners and Lehan Partners, gave attendees a first-hand look at several proven strategies.

Guest speaker Paige Barry, Senior Vice President of Item Processing Solutions for a global financial data processing firm, shared the challenges and successes of her company’s transformation from multiple program management offices to a single center of excellence. “We needed to invest in a portfolio management system, while also developing processes for everything from project initiation to review, approval and accountability,” said Barry. Ultimately, the company’s focused efforts resulted in the elimination of redundant and inefficient resource utilization for a 25 percent increase in capacity across all teams and 100% on-time delivery.

Keith McInish, also a guest speaker and Vice President of Worldwide Professional Services for Rocket Software Inc., has built and executed operational plans as a result of merger or acquisition activity in no less than six different companies. A strong believer in “lessons learned, McInish emphasized that companies should “have a strategic and operational plan, assess the skill sets and availability of employees, identify projects that cannot be handled and know when to bring in outside resources.”

Speaking as the Chairman of United Technology Group (UTG), Price Harding, also a founding partner of CarterBaldwin, spoke about the critical importance of focusing on sustainable growth. “Equity growth and shareholder distribution are two business models that will define how to drive profitable growth. At the end of the day, how you prioritize investments should be driven by a focus on customers, not on investors.” By taking that road, UTG has grown five-fold in less than five years. Their success is driven by providing solutions that allow IT staffs to be focused on more strategic initiatives and business owners to be focused on profitable growth.

“Every company, regardless of size, must prioritize its investments by considering five key parameters: a sound business strategy; reality-based constraints; setting and achieving realistic expectations; effective communication; and an aligned strategic operating plan,” said Kevin George, Founder and Managing Partner of Progility Partners.

The next event on driving profitable growth will be held in September 2010. Senior executives interested in attending should contact Progility Partners or Lehan Partners.

About Progility Partners
Progility Partners is a specialty consulting firm that helps companies refine and execute successful business strategies by maximizing performance, aligning technology and driving innovation. We bring deep, executive-level operational expertise to the table with an approach that is practical, and a focus on achievement of measurable results.

Progility Partners: Linking Leadership and Execution. Visit http://www.progilitypartners.com to learn more.

About Lehan Partners
Lehan Partners (WBENC-Certified Women’s Business Enterprise) is a professional services firm that excels in the aggressive execution of projects that impact our clients’ accounting and finance organizations.

Lehan Partners: Combining disciplined project management with technical expertise and event-experienced consultants in the areas of Accounting and Finance. Visit http://www.lehanpartners.com to learn more.

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Tracey Thorsen

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