David Young
IT / Telecoms Consultant, Programme Manager and Business Coach
Company & Product Strategy Re-launch – US technology company
Summary:
A stagnant [US based] technology company needed to find a new market which suited its skills and assets of to provide a new future revenue stream. David:
- Reviewed the companies current technology, knowledge and skills
- Developed a Business Plan showing strategic options and the required return on investment
- Identified [and presented to the board] closely related options of ‘up and coming’ technology paths – a decision was made to be a challenger in the VoIP market
- Led the marketing development of a series of products
- Led the engineering team through the development of technical specifications, designs and costs to the point of working prototypes
- Raised company profile through leadership of industry groups, contributions papers and speaking at industry events
- Led trial with key US and European telecoms organisations, using feedback to further enhance development
- Liaised directly with the investment community and press
Key Skills Deployed:
- Business planning
- Senior stakeholder management (Cxx level)
- Technical and Operational Strategy development
- Identification and specification of new markets and associated products
- Marketing and PR
- Leadership and Coaching of Engineering teams
- Industry liaison
- Public Speaking
Outcome:
The development of product and ‘PR splash’ made in the industry in general, gave rise to a to significant interest in the company by the investment market and subsequent move of stock price from 50c to $25. This endorsement allowed the business to raise the necessary capital to re-structure and further their development as a serious player in the IP Telephony market.
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