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Associate Results Summary* |
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ID, Associate Initials |
Company |
Headlines |
Details, How Accomplished |
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Associate RF
Reference ID 3.42
Reference ID 3.43
Reference ID 3.44
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IFR – Results Pending: Cellular Handset and Base Station Development |
Software / Program Manager Up Through the Ranks in These Products:
In These Functional Areas:
Remote Oilfield Monitoring Product Developed for Less Than $1 Million, Sold For [Undisclosed Multiple Millions]
Niche Product Targeted Smaller Petroleum Producers
Developed and Patented Wireless Real-Time Measuring Telemetry and Communication Devices for Oil and Gas
Managed the Battelle Fuel Cell for Bradley Fighting Vehicle. Created Prototype Auxiliary Power Unit for Government Rapid Procurement to Full Production.
Rapid procurement of $40-50 million over 18 months, 1st Year Procurement Will Be $100 Million With Over 10 Years of Procurement to Follow.
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See RF resume for details |
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Associate DY
Reference ID 851
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Handleman
Premium Retail Services
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Closed $5.5 Million Services Sale to Proctor & Gamble in 60 Days (penetrating new account)
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20+ Years Leading Sales and Effective Execution of Business Services. Highlights:
Penetrated New Marquee Account: Closed $5.5 Million in Outsourced Services in 60 Days with Proctor & Gamble*
Grew P&G Account to $8 million per year for eight years.
Closed other sales, total exceeding $100 million over 10 years at healthy margins
How Closed $5.5 Million in Outsourced Services in 60 Days with Proctor & Gamble* 1. UNUSUAL CIRCUMSTANCES - NOT EASILY DUPLICATED 2. We had a healthy outsourcing services client that had wanted to penetrate P&G for years 3. We had another outsourcing services client that had serviced P&G for 10+ years. This client was being liquidated because its parent company had failed and a buyer could not be found 4. Ingram negotiated for legal releases and was able to move three senior people from the failing client to the healthy client 5. Within 60 days, the healthy client closed $5.5 worth of new outsourced services with Proctor and Gamble 7. Work outsourced was a Business Process called "merchandising services", including significant software and hardware for "work order management and scheduling" 9. ROI between 4.5 and 22 fold over 8 years: P&G conducted a formal ROI study leading to this conclusion
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Reference ID 3.2
Tom Ingram
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$10 million sale to Celanese in 60 days
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30+ Years Leading Sales Execution and Sales Technology Efforts. Highlights:
- $40 million sales gain, $10 million margin improvement for client from a sales technology project
- $10 million sale to Celanese after saving project in trouble
- $8 million State & Local technology product and services practice built
- Sales management roles resulting in $10 million+ new, complex sales
- Five time winner, 100% Club award for personal sales in early career
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Associate CS Reference ID 852.1
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Sold and delivered $100 million+ in services in eight years
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Took over unprofitable unit, merged into parent, ran successfully for eight years.
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Bookmark 902.1
Associate Sam Devens |
CECO Environmental Air Pollution Control Technology, Products And Services |
Grew Organic Sales 29% in Two Years, Overall Revenue by 10% to $400 Million, while Increasing Profit 10%
Reversed 5% Annual Organic Sales Decline
70% of Sales Engineered to Order |
How Results Achieved:
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Reference ID 902.2
Associate Sam Devens |
International Battery Lithium-Ion Batteries And Systems For Large Energy Storage
Private Equity Owned |
Changed Sales Execution to “Value / Market Pricing for Strategic Customers”
Reduced Cash Burn Rate By 20% |
How Results Achieved:
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Reference ID 902.3
Associate Sam Devens |
Siemens Energy & Automation, Inc |
70% of Revenues from Services
Improved Profit by $100 Million in 2007, Grew to $3.7 Billion in Sales, $307 Million in Cash Flow, $233M EBIT
Delivered $3.9B Sales, $290M EBIT And $428M Cash Flow In 2008
Managed Business During 2009 Economic Crisis to Within 1% Of Pre-Crisis Targeted EBIT Margin
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How Results Achieved:
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Reference ID 902.4
Associate Sam Devens |
Siemens Factory Automation Sensors |
Formed $100M Factory Automation Sensors Business
Secured Major Customers: Metro, General Motors
Gained Foothold In Emerging Markets
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How Results Achieved:
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Reference ID 902.5
Associate Sam Devens |
Siemens Power Distribution & Controls Division
$700 Million, 3000-employee North American division |
Top-Performing Business Unit For 2 of 3 Years, #1 In Customer Service
1.5% Market Share Gain
Increased Margins In Down Market
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How Results Achieved:
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Reference ID 902.6
Associate Sam Devens |
Thomas & Betts
$2 Billion Electrical Products, HVAC Equipment And Transmission Towers
Lighting, Premise Wiring, Cabletray, Utility Divisions, Power Connectors, Electrical Products, Meter Sockets |
Led $400 million unit with 14 plants through 4 Acquisitions, Growing by $240 million.
Grew Component Sales 12% While Maintaining Margins
$4M Profit Improvement While Reorganizing $100 Million Steel Structures Unit
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How Results Achieved:
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Reference ID 902.7
Associate Sam Devens |
General Electric
Electrical Distribution, Switchgear, Controls, Nuclear Power
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Product Manager For The $150 Million Electrical Switchgear Business
~$10 Million in Incremental Sales, leading to $100M In Related Equipment Sales
Value Pricing / Marketing Shift for Integrated Electronic Solutions
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How Results Achieved:
GREAT STORY, WHERE HAD BIGGEST IMPACT? How can we get to Value / Market based pricing - Move away from Cost-plus pricing?
LEARNED THE RIGHT QUESTIONS TO FOCUS ON
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Reference ID 905.1
Associate JD |
$12 Billion Manufacturer of Electronic Connectors
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$5 Million Savings + Profit Over 5 Years from Solving Complex Estimating, Pricing, Quoting
Key: Set Tiers of Quote Due Dates Based on Complexity, Dollar Size.
E.g. Easy Quotes Due in ½ Day, Medium in 2 Days, Complex in 5 Days, Very Complex in 10 Days.
Labor Savings Came from Not Expediting Everything – 80% Of Quotes Follow Standard Path, Freed Up Time for More Sales |
How Results Achieved: Details on request
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Reference ID 909
Associate CN |
Emerson Automation Solutions Electronic and Mechanical Automation for Electric Utilities, Oil & Gas, Energy
Includes results from previous employers |
Operating Profit Increase by 2.5.%, Eventually from 24% to 28% (personally led)
Reduced Quote Lead Time from Six Weeks to Eight Hours for Configure to Order, Engineer to Order Products
How to Keep Margins High: Learned When Possible, When Not
Reduced Product Development Time from Two Years to One Year (avg).
E.g. Seven Product Iterations and Out The Door As Production Part In 4 Months while Maintaining Hazardous Rating
Formal Screening, Qualifying of Sales Proposals – Reduced Time Wasted
IT Barriers To Rapid Quoting And Sale: Required Key System Rework. Had To Get Tough, Demand Resolution
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How Results Achieved: - Banned use of older, legacy, high volume, low configure product development system, required product development system to match low volume, highly configured growth / higher margin products requiring rapid config by customers - Decreased staff 20% - Increased productivity 25% by rearranging workflow, prioritizing - $10 million sales gain with Marketing Safety Products to Indian Oil & Gas companies, plus big reduction in accidents - Pulled through $15 million in sales by redesign of flagship product - How To Keep Margins High: Learned possible to keep margins up if can deliver on time, provide Support, Other value add - e.g. specifications, training, instructions online, available. If cannot deliver on time and provide other value margins will spiral down. Hardest part: Convincing senior management that a product, on its own technology, cannot justify it’s price. - Restructured configure to order, changed personnel, dramatic shortening of lead times - Consolidated product line after excessive acquisitions - Six Sigma, Continuous Improvement
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Reference ID 906.2
Associate Craig Tailor |
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Grew from $16 million revenue, $1 million loss to $44 million in revenue, 35% gross margin and $14 million contribution margin in 18 months |
Accomplished through Customer Focus |
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Reference ID 907
Associate Dave Davis
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Tektronix Inet (IP and Mobile Monitoring Swr / Hwr) |
For 20 years, rising through VP, GM, President and CEO roles, sold and delivered systems to AT&T, Vodafone, Verizon, Orange, American Mobile, Comcast, China Mobile, Bouygues, Singtel and Telus.
Grew revenues to $350 million at 20% EBITDA in 6 years for software and hardware monitoring, video, data, audio and IP business. - Strategy resulted in #1 market share - For AT&T: Won 3G monitoring, displaced Agilent (by HP) - For Verizon: Won LTE monitoring, displaced Agilent - For Vodafone: Won 3G monitoring, displaced Agilent - Grew profits 15% in 2009, 2010 - Grew revenues from $95 million to $195 million with 400% increase in operating income in four years for network management and surveillance systems - Attained Danaher 20/20 Club: Sustained 20% Growth with 20% EBITDA
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MOVED AWAY FROM DEPENDENCE ON A FEW POWERFUL CUSTOMERS.
Before: Two accounts provided 63% of revenues. 24 smaller accounts provided 37%
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Reference ID 910
Associate MS
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Caminosoft Sale to IBM
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Doubled Sales of Struggling Software Business to $4 Million
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Redirected technology strategy to narrow, high application value - compliance related.
(Contact Us for Confidential Details)
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Contact Us in Dallas, Texas, USA at tom@tomingraminc.com or 972-394-5721.
*Success stories, names, pictures, client quotes, estimated costs and benefits are derived from actual projects but may have been altered for simplicity, teaching purposes or to protect confidential information.