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| Company Creation and Management | ||||||||||||||||||||
Creating and growing a new company requires the successful completion of a suite of coordinated activities, in addition to careful planning, expertise and insight, and the application of sound management practices. SHI Consulting works with innovative corporate and academic entrepreneurs, technology transfer offices, business developers in established corporations, and government officials, to meet the many challenges involved in establishing a successful new venture. Drawing on in-depth experience with company creation and a broad understanding of the variety of business models and commercialization mechanisms available to life science ventures, SHI Consulting offers valuable insights to emerging companies. SHI Consulting has developed a robust approach to company creation based on extensive practical experience in identifying winning concepts, developing business models and growth strategies, and building organizations around these concepts. Through comprehensive work with emerging and established companies in the life sciences industry, SHI Consulting has developed a clear appreciation of company growth drivers from inception and through early stage development. These include developing sound research and development strategies, robust operational and project management practices, fit and appropriate portfolio of alliances and the optimal development and implementation of solid financial strategies. SHI Consulting effectively utilizes a customized tool kit to help new companies form, grow and achieve success in their early stages of development. We work with innovative entrepreneurs to address some of their critical questions, including:
Our Approach We provide guidance and assistance throughout the early stages of the company creation process. At the earliest stage, company inception, we develop strategies to access financing, determine the optimal organizational design, and outline the operational plan, in order to create a successful business plan for the venture. Early in the implementation stage, we provide support to assist with rolling out the business plan. We work with emerging companies to implement strategies for business development, capital sourcing, organizational design, operational planning and building alliances and partnerships. If required in some cases, we will work with a new company in an interim management capacity. In this role we ensure the introduction and application of strong governance and management practices, the proper sourcing of capital, the expansion on business development and alliance creation initiatives, and the robust management of financials. We can also roll up our sleeves and undertake project and day-to-day operational management of the venture.
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