
Methodically, Measurably, Maximizing Business Value
Learn about Corporate Value Metrics & meet the team
The story of Corporate Value Metrics begins during the 2008 recession. My turnaround advisory partners and I received a flood of “assessment” engagements from the workout groups of big banks. The workout groups were inundated with companies, and we were asked to triage the influx.
Our mandate was to spend weeks in the field interviewing management, assessing the company and, ultimately, delivering a report to the bank with our conclusions. These assessments were time-consuming to complete because our firm did not have a standardized approach. Our focus became writing reports instead of working to solve problems for the impacted companies. We needed a system that would enable us to provide services faster and give meaningful, actionable recommendations for each company. I took on the challenge to search for existing systems, software, tools, anything that might help us. Nothing existed worthy of the quality we wanted to deliver. In this time of uncertainty, we decided to build our own.
The next challenge was building a prototype encompassing the required knowledge bases together and collaborating with both functional and industry experts to build a powerful assessment tool. Of course, while we were at it, what if this tool could also create value at the same time? At some point, the teacher in me realized what we had created should be shared with the advisory world; It was simply too good to keep to ourselves.
To increase accessibility, I decided to go all the way and transfer our product into a cloud-based platform. After several years of intensive field testing on live companies conducted in collaboration with the Manufacturing Extension Partnership, a U.S. Department of Commerce agency, the Value Opportunity Profile software launched in 2014. Corporate Value Metrics continues to release new editions, features and functionality all while supporting a growing community of independent practitioners.
- Ken Sanginario, Founder