Proven strategies for sustainable utility finance
Utility agencies and municipalities collectively manage trillions of dollars in infrastructure in addition to an array of regulatory obligations, financial commitments, and staff. Business management issues are frequently the top concern for these organizations. With the training, knowledge, and practical experience, our financial and management experts help our clients better manage the business of utilities operations and realize measured performance improvement.
Creating organizational change in an atmosphere commonly resistant to altering status quo is an uphill battle. Meanwhile, utility managers are often focused on immediate issues, limiting their ability to effect long-term financial and managerial improvements. We have the skills to assist utility and municipal clients whether the goal is small or substantial change. We identify innovative funding and finance opportunities to maximize the impact of available resources, improve work processes, and effectively communicate with stakeholders. We leverage information management systems with tried-and-true business and asset management practices. We also provide staffing, succession, and strategic planning services to prepare for the next generation of operators and managers. Our approach helps clients meet their business objectives and improve the level of service.
Our methods are based on proven social science and business strategies, which we adapt to each client’s needs and challenges. The financial management team provides guidance on rate setting, capital planning, and how to best stretch funding opportunities. The business and organization management team pull from a variety of best practices, identify the best people and techniques, and communicate with stakeholders to improve productivity and efficiency of operations.