The Unhappy Retailer

Global Advice Network was part of a team called in to work with a well-established European retailer with over 400 outlets. The company had previously been very successful but in recent years had struggled and was barely breaking even. There had been several high profile resignations and the newly constituted board decided to shake up the business by appointing a turnaround specialist as Managing Director. Global Advice Network was retained to work along side the Managing Director to identify and help implement measures to stem losses and enhance profitability.

For such assignments, Global Advice Network utilises a profit enhancement strategy based on the six elements illustrated below:

Disclosures in the Fraud-i™ reporting module, as well as during "Understand the Risks" workshops using the Fraud-i™ tool have helped reveal a great deal of sensitive information regarding malpractice and unethical behaviour within organisations.

The results of these findings remain confidential and anonymous.