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Offer better fringe benefits to build strong teams   

7/30/2015

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Image: Google
Corporate Challenge: Retaining team members in a fiercely competitive environment. Highly qualified individuals can easily jump ship or start their own venture.

Ironbound Strategy: Focus on creating more employee value beyond just financial compensation.

Ironbound Action: Google strives to make life better and easier for their employees. Some of their benefits include:
  • On-site convenient health care coverage Insurance and emergency assistance – even on personal vacations
  •  New parents get time off and some extra spending money
  • Reimbursement for continuing education or degree programs
  • Legal advice at no cost and generous discounts on legal services


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Creating Value with Mobile Apps

7/20/2015

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Corporate Challenge: A large multinational company developed an App for mobile phones, but few people downloaded it.  Even the company's employees don't want to download the app.

Ironbound Strategy: Renovate the app to include features that add value to employees, customers, and society.  Collaborate with social media platforms to make it easy for users to share content between apps.

Ironbound Action: Sometimes the simplest app is the most successful app on the market.  The largest increase of mobile phone users are in developing countries.  Building an app that is easily accessible to emerging markets will increase the brand’s global reach.  Learn from Walgreen's mistake, and target the app for larger consumer segments for more downloads and adoption.

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Creating Customer Value Solves Sales Slumps

7/10/2015

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Image: Tucson Industrial Market, Picor.com
Corporate Challenge: A manufacturer has been slowly losing sales to their growing competitors.  Recent technology changes have made their equipment obsolete.  The company cannot afford the upgrade.

Ironbound Strategy: Thoroughly investigate new technology upgrades and choose pieces of equipment that can manufacture a wider variety of products than the competitors.  Reacquire lost customers with the value of providing more products and services.  Dedicate profits from the new sales towards more equipment upgrades.

Ironbound Action: Focus on creating customer value.  Loss of sales to competitors is generally due to the competitor's dedication towards creating value for customers, employees, and society. 

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    #BuildABetterWorld

    We are strategy consultants helping Sovereign Wealth Funds optimize investment strategies that leverage stakeholder values.

    We assist Board Members with steering their companies towards developing new growth opportunities that optimize creating value for employees, customers, and society.

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Ironbound Consulting Group
14 Wall Street, 20th Floor
New York, NY
​10005

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Ironbound Consulting Group Inc was established in 2012.  All Rights Reserved. ​Copyright 2022.