|
|
Topics
 Strategic Risk Management
Value-Based Management
Transaction Analysis and Assistance
Litigation Support |
 Strategic Risk Management
A unifying theme of our services is that we develop incentives, value-based metrics, financial planning tools and financing instruments that position clients as "management plays" rather than naked, generalized bets on the economy, industry or stock market. That means designing and implementing performance measurement systems, planning tools, reward processes, and capital structures that help managers differentiate their distinctive contribution to share value from the generalized contribution of business cycles and the stock market. We provide the mindset, framework, modeling capabilities, incentives and technical know-how for managers to go long on their company's stock price while shorting the competition. That way, they win only by outperforming the real opportunity foregone by not investing elsewhere--in both good times and bad. And we find ways for stockholders to participate the same way--with hedged bets on management rather than an industry sector.
One consequence is that we concentrate on industries beset by price disruption, high fixed costs, deregulation, new sources of competition, and rapid technological change. In other words, we focus on identifying and exploiting sources of business and financial uncertainty to competitive advantage. We also provide a workable, unifying framework for such traditionally diverse fields as:
- Enterprise risk management;
- Executive incentive compensation;
- Debt policy;
- Investor communications; and
- Strategic planning.
We have considerable expertise helping companies measure, monitor and manage exposure to uncertainty. The firm specializes in helping line managers articulate the behavioral assumptions and probabilistic assessments underlying important business decisions so they can translate years of individual experience into testable corporate-wide hypotheses. We are experts at transitioning corporate strategy from a static, chart-of-accounts driven process to one based on a more dynamic, probabilistic analysis of strategic options and contingencies.
 The Future of Strategic Risk Management
Value-Based Management
The directors of Finegan & Company have worked with scores of companies in evaluating operating performance; transitioning to value-based metrics; developing and evaluating long-range business plans; assessing long- and short-term capital needs; accessing public and private markets for debt and equity; screening, pricing and structuring acquisitions; and identifying and consummating value-adding restructurings.
We go to great lengths to help line managers attain financial literacy, and then equip them with the mindset and tools to exploit that literacy to competitive advantage. We know from experience that presentations are quickly forgotten, and that computer programs and "leave behinds" are only as effective as their direct applicability and interface. They must be polished, slick, automated, highly interactive, bug-free and, to some extent, entertaining.
We regularly develop sophisticated user-friendly interfaces on widely-subscribed platforms for modeling, simulating and learning from business and financial uncertainty. We go to great lengths to ensure that these systems are widely understood and embraced, have immediate and lasting relevance, and are truly value-adding. In other words, whereas many consultants regard models, spreadsheets and "leave behinds" as documentation, we consider them the crucial link between initial understanding and lasting involvement.
Regardless of focus, we make sure that our clients not only have spreadsheets for guiding decisions, but the tools to integrate those spreadsheets into existing accounting and reporting systems--regardless of platform. In addition, we make sure that a financial measurement system is not just a spreadsheet, but a highly interactive, widely accessible tool for teaching managers about value creation, and then coaching them about strategy.
Clients have ranged from some of the largest corporations to some of this country's most respected private and mid-sized companies.
The Future of Value-Based Planning
Transaction Analysis
and Assistance
The directors of Finegan & Company have considerable experience advising clients on M&A and restructuring activities. Before contacting an investment banker, clients often retain us to help evaluate strategic alternatives, devise sensible deal structures, identify potential sources of synergy and operating exposure, and anticipate impact on share value. In addition, we will assist the company in obtaining financing — by helping line and staff managers translate operating performance and objectives into highly defensible financial projections.
Litigation Support
Finegan & Company will, on occasion, engage in litigation support. The firm has considerable experience helping members of
regulated industries address constitutional rate-of-return questions. The firm also
has helped litigants perform complex security-by-security valuations of thinly traded and illiquid investments for insurance companies.
|
