Tuesday, March 10, 2009

THE HEART OF BISON MANAGEMENT SOLUTIONS, LLC

I haven’t written much about the philosophy that we have here at Bison.  It’s born of our decades of experience.  I guess in a way it’s a tag line.

There are new ways to do things and old ways to do things but there is only one constant, that is the experience to know what works.

Because our team of principals has had the opportunity to see so much in business we are immune to fads.  Believe me, that doesn’t mean we haven’t tried them.  We have all done that at one time or another in our business.  We also have made a point to grasp what works and to recycle that liberally in our business experience.  Perhaps the most important thing you get from us is the benefit of knowing what is going to work, and equally as important what is not likely to work.  I say “not likely” rather than won’t because there are always exceptions and percentages to consider.

Back in college I remember hearing that management was a 60/40 game.  That is if you could just be right 60% of the time you would do ok.  That may have been true in the 70’s but I’m not so sure that is true today.  Just ask the financial companies who bet on the highly leveraged and poorly documented loans.  They made that bet and it cost the owner/shareholders the entire investment.

With business the most challenging it has been in a generation, if not in a century, what you want is the experience to know what works.  If your need is help with: turnarounds, acquisition due diligence; sale preparation, restructuring, or refinancing then come us and we will help you get to a better place.

All of our principals have grey hair, I like to think we earned that.  Maybe you can avoid some.