TelcoBridges
Provides solutions in over 110 countries
About the company
Provides network security and connectivity solutions for service providers
Location: Boucherville, Quebec
Industry: Telecommunications equipment
Entrepreneur challenge
At the helm of the company since its inception in 2002, the CEO was looking to expand the skills of his management team to pursue further growth, develop a clear action plan and improve the company’s bottom line.
BDC expertise
BDC’s team of executive advisors provided tailored expert advice to guide the company through its growth and transition journey, and help strengthen its management team’s capacity. BDC also assisted the business in establishing KPIs to improve its profitability, creating a detailed action plan with objectives for all departments.
Results
- Developed the skills of management team
- Formalized management committee
- Established financial and operational KPIs
- Developed growth action plan with precise milestones
- Doubled profits
- Improved recurring revenue model