Pondering Options
Spin-Offs, Buyouts and Commercializing the IT Department
Nothing Can Replace Due Diligence
Recently, a major hotel chain engaged the services of the Best Practices Enterprise Group to investigate the potential of commercializing its internal IT department.
Along the way, the Best Practices Enterprise Group identified a series of important questions that every firm must address before any spin-off can be seriously considered, including:
- How do you fund the start-up?
- What will be included in your product/service portfolio?
- How do you position those products and services in the marketplace?
- How do you price your offerings?
- How do you grow the business?
- When do you seek additional funding?
- What are the contingency plans in case of failure?
- What are your obligations to the parent firm?
As a result of the Best Practices Enterprise Group‘s analysis, the firm has decided to "stay put" and reap the benefits maintaining an internal IT department.
Special Points of Interest
- The Best Practices Enterprise Group’s extensive management consulting experience positions it to provide its clients with a wide array of services.
- The Best Practices Enterprise Group can quickly do the analysis needed to help its clients avoid the pitfalls that come in today’s rapidly changing business environment.
