The Princeton Partnership
Our Approach

 

Our Company
Our Services
Our Approach

Stabilization

Fact Finding and Evaluation

Strategy Development

Ratification and Implementation

Outcomes Analysis

Our Achievements
Our People
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Our 5 -Step Approach

The Princeton Partnership approach is a five-step system refined over many years that incorporates the best thinking in crisis management, organization analysis, and leadership. An intense focus is applied to:

  1. Stabilization
  2. Fact Finding and Evaluation
  3. Strategy Development
  4. Ratification and Implementation
  5. Outcomes Analysis

Whenever possible, we prefer to use the client's resources. However, in situations that warrant the use of an outside service infrastructure, The Princeton Partnership partners with clients to supervise the third-party administrator. We implement sufficient controls to allow clients to manage the outcome of TPA operations as if it were their own. Finding the right resolution takes experience, creativity, and discipline - the discipline of a time-tested structure for problem solving.

#1 – Stabilization

Careful balance is applied in giving advice and counsel to address a client’s short-term needs without jeopardizing its future.

  • Environmental Scan – identify internal and external factors and issues requiring immediate attention

    • Financial, human resources, organizational, public relations, government relations, management and operational issues

  • Time Sensitivity - actions and critical milestones
  • Critical Success Factors – prioritization of executables
  • Hidden Opportunities

Experience, creativity and a fresh approach which objectively can generate solutions that often go unnoticed or remain less obvious. Invariably, our process uncovers new facts that often yield the greatest leverage in improved performance. back to top


#2 – Fact Finding & Evaluation

Taking the data and information gathered from ‘Stabilization’ phase, The Princeton Partnership expands analysis by applying a comprehensive review of the issues and related details. We test all assumptions and facts to ensure clear understanding of ‘hard’ or ‘irrefutable’ realities. Our team can then take a disciplined approach to critically evaluating existing and new issues as they become visible. This phase includes:

  • Confirmation of key issues
  • Determining the effects on the organization
  • Defining the gap between the current situation and desired outcome
  • Identifying internal and external obstacles impeding the progress

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#3 – Strategy Development

The Strategy is the revised mission of a client’s company. It is, in effect, a living blueprint - specific in defining the organization and its direction, flexible in its ability to adjust course and respond to new forces. Building on the environmental scan, fact-finding, situational factors, critical success factors, gap analysis and competitive analysis, the strategic initiatives will follow. It is during this phase that our team turns due diligence into strategy development and then into action. The primary question here is "What actions are required in order to close the gaps during the Stabilization and Evaluation stages?" back to top


#4 – Ratification & Implementation

Ratification and Implementation merge in this stage to ensure commitment and collaboration across the organization to support the strategic plans. Working action plans that respond directly to the gap analysis takes hold in this phase, with The Princeton Partnership remaining actively involved and engaged throughout the implementation of these plans. Our full range of Management Services, Exit Strategies, and Technical Services are available as needed in a fully integrated approach. back to top


#5 – Outcomes Analysis

The final phase of our approach includes results measurement. The Princeton Partnership tailors custom measurement systems – action plans, timetables, milestones and measurement metrics – for each client engagement based on their strategy and performance needs. Often solutions to critical business and organizational problems create additional challenges or unintended consequences that require attention. The Princeton Partnership approach assures clients comprehensive analysis of all events. back to top