Monday, August 31, 2015

Plexus Clients Achieved Growth far Above Market Norms

Plexus Clients Achieved Growth far Above Market Norms
During the three years immediately following the onset of the Great Recession from 2009 to 2011 thirty-nine nonprofit organizations that were already growing strongly increased their annual growth rates by an average of 4% after using the management consulting services of Washington, DC-based Plexus Consulting Group, LLC (Plexus).  Eleven other nonprofit organizations that had been shrinking in size, managed to reverse or reduce their losses and performed on an average 22% better than before they used the firm’s management consulting services.
The organizations included in this analysis are trade associations, professional societies and philanthropies in areas covering education, community development, financial, professional, manufacturing, and various aspects of healthcare.  Every nonprofit organization that used Plexus’s services during this three year time frame experienced higher annual revenue growth rates than their respective sectors overall.
In order of frequency of use, the services were:  strategic planning; surveys and market research; marketing; international business services; organizational restructuring; and government and public relations.  The organizations using strategic marketing and strategic planning services registered the greatest growth increases of 45% and 26% respectively.

“This is the first time we have done such a comprehensive analysis of the bottom line results of our work,” said Plexus President Steven Worth, “but we thought this would be important to know during these financially uncertain times when making a decision to spend badly needed cash on management consulting services can be controversial.  These figures show our firm’s services more than pay for themselves—even during a recession.”

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