How do you double shareholder value of a service business in a year?
With the ups and downs of the business cycle, every firm will eventually face the challenge of growing shareholder value when industry conditions are becoming increasingly hostile.
Joe Ripp discusses how he addressed issues of increasing cost effectiveness, revenue growth and client service in leading a mid-sized ($450 million annual revenues) specialist outsourcer become a more valuable business. The end result was to create substantial shareholder value by doubling the value of the business to $751 million within a year.