Focus on the Basics
To achieve and sustain growth,
a company needs to routinely invest in enhancing the fundamentals
and foundation of its business. StoneCreek’s process starts
with identifying the basic elements that can solidify the company’s
foundation and enable the company to build on its strengths.
One of the key elements of our
investment process is working alongside management to prepare a
detailed operating and strategic plan that outlines the key tactical
and operational imperatives required to achieve and maintain targeted
growth objectives. This process has many benefits, including producing
a road map that is supported by all stakeholders.
Equally important, we bring the
discipline of financial and operational reporting to the companies
we invest in, so that management can accurately report against
the approved business plan. We have developed a proprietary reporting
format that reflects the best practices of numerous companies and
that tracks key financial and operational metrics that measure
value creation.
While StoneCreek works closely
with management to develop these strategic plans and to implement
an improved financial reporting format, management is given the
responsibility, authority and flexibility for executing against
the operating and strategic plans. StoneCreek participates with
management in key strategic, personnel and financial decisions
and is responsible for establishing and maintaining attractive
management incentives.
|