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CASE STUDY: Providing Leadership and Financial Clarity After a CFO’s Termination
The CEO of a long-standing, highly respected community organization lost confidence in the performance of its CFO. Following the CFO’s termination, the CEO needed immediate financial leadership to maintain operations. Financial reporting and cash position concerns prompted the CEO to engage Fahrenheit Advisors to establish critical financial clarity keeping the organization running smoothly until a new CFO/Controller could be secured.…Read More -
CASE STUDY: Scaling Finance Capabilities & Team Following an Acquisition
Following a corporate acquisition and resulting divestiture, a high-performing biomedical services subsidiary (AVS Bio) needed to redefine itself as a stand-alone entity. Faced with a tightly scheduled Transitional Services Agreement (TSA), the newly independent company had only seven months of support from its former parent company before the exit deadline. The organization sought Fahrenheit Advisors’ expertise to establish fully functional…Read More -
Is Your Organization Prepared to React to a Workplace Misconduct Accusation?
Imagine an employee in your organization is accused of workplace misconduct. What do you do?
From fraud and bribery, to bullying and harassment, to substance use and other policy violations, workplace misconduct comes in many forms and is, unfortunately, not an uncommon issue. A recent survey revealed almost half of office workers experience workplace misconduct as often as at least…Read More -
CASE STUDY: Driving Post-Covid Growth: Trim-Tex’s Strategic Sales Transformation
Trim-Tex, a 55-year-old family-owned building industry manufacturer, sought to sustain its growth momentum in a post-Covid market. To navigate the transition from pandemic-induced sales spikes to stabilized market conditions, Trim-Tex engaged Fahrenheit Advisors to refine its sales strategies and ensure continued profitability and market share growth.
Trim-Tex, a niche player in the building industry, faced the challenge of maintaining its…Read More -
CASE STUDY: Non-Profit Mission Fulfillment Enhanced Through Strategic Planning
The board of a nearly 30-year-old national nonprofit, Council on American-Islamic Relations (CAIR), was ready to take its operations to the next level to continue building on its mission and expanding its legacy of service. With the goal of developing a forward-focused action plan across its 30 chapters, the all-volunteer board initiated a search for a strategic planning facilitator. They…Read More -
Fahrenheit Advisors Names Kris Cravey as Chief Operating Officer
Fahrenheit Advisors, today announced that Kris Cravey has been appointed as Chief Operating Officer, effective immediately. Cravey joins Fahrenheit Advisors after serving as CPO at DroneUp, a last-mile delivery and technology company partnered with Walmart.
As COO, Cravey will take primary responsibility for overseeing the execution of Fahrenheit Advisors' strategy, growth, and client services delivery, in collaboration with other leaders…Read More -
CASE STUDY: Operations, Employee & Assets Stabilization
A 30-year-old family-owned regional logistics and distribution company was in crisis. It had closed its year with a $3 million loss and was in default with lenders. In fact, it had not been profitable in recent history, with the exception of a brief but unsustainable boost during the pandemic. The company lacked leadership, strategy, and operational efficiency. Its CFO, a…Read More -
Is AI the Right Tool for Compensation Management?
The influence of artificial intelligence (AI) in various Human Resources (HR) disciplines is growing and that includes influence over compensation management—an area that has seen significant activity and evolution in the past year driven by the residual effects of the pandemic, inflation and legislative changes.
The year 2023 witnessed a substantial demand for adept compensation management and compensation experts, and…Read More -
Seamless HR Integration Methods for Roll Up Mergers and Acquisitions
In the realm of private equity and M&A, fusing the talents and processes of multiple companies into one unified entity is a nuanced and difficult task. That’s why clients often rely on our expertise at Fahrenheit when they're looking to navigate these complex waters. We specialize in transforming M&A challenges into opportunities for strategic growth. Now, let's explore how we…Read More -
How AI Will Impact Human Resources
As Artificial Intelligence (AI) continues to evolve and integrate into various aspects of business operations, understanding its implications for HR practices is crucial for every organization.
Recently, Fahrenheit Advisors' Human Capital experts Laura Bowser and Rich Reinecke and HR legal specialist Faith Alejandro, dove into the multifaceted realm of AI's implications for HR. The conversation was captured and we share…Read More -
Fahrenheit Hires Leader For Growing Transaction & Private Equity Practices
Fahrenheit Advisors added a new leadership role to guide our growing transaction & private equity team. Fahrenheit Advisors is pleased to announce the appointment of Rob Imhof as Senior Practice Director, where he will spearhead the Transactions & Private Equity Team within the firm’s established Business Advisory Practice. In this new role, he will build and lead a team of…Read More -
New Fahrenheit Leader Facilitates Expanding Finance and Accounting Consulting Practice
Fahrenheit Advisors added a new leadership role to facilitate our expanding Finance and Accounting Consulting Practice. Business consulting firm, Fahrenheit Advisors proudly welcomes Bill McGuire as Senior Practice Director, leading the firm’s Core Accounting Services team within the established Finance & Accounting Practice. Bill will steer the expansion of Fahrenheit’s robust Interim and Fractional CFO and Controller Consulting Practice providing…Read More