The term “Significant Business Challenges” refers to sudden company developments such as the loss of key customers and suppliers, the introduction of new competitors, and the emergence of new business opportunities. It also refers to slower developing issues such as declining margins, an aging workforce, new market channels, and product obsolescence. What these challenges often have in common is that they need to be addressed by companies with limited personnel and response times. Given their importance, challenges related to management and ownership transitions and dispute resolution appear as separate Lightfoot Group services areas.
Jim Hart of Lightfoot Group uses his decades of experience as a court-appointed receiver, interim manager and consultant to bring focus to the problem, or opportunity. As an independent consultant, Jim is able to dispassionately evaluate and assess a situation and identify and solicit ideas that lead to workable solutions.