Executive Resume Martin Mercer, J.D., CPA 7768 South Steele Street Centennial, CO 80122 Phone: (303) 956-2537 Email: mmartinmercer@yahoo.com Leadership Profile Executive Leadership, Strategic Business Planning, Financial Leadership, Legal/Contract Negotiations, Enterprise Transformation, E-Commerce Solutions, Information Management, Business Process Analysis Outstanding senior leadership executive with an excellent track record for driving revenue and operating performance in high technology venues. Proven leader with attorney and CPA background having extensive information technology history. Expertise includes strategic marketing planning, new product development, organizational development, finance and accounting, legal/contract negotiations, e-business, e-commerce, IT integration project development. Change agent with the vision and strength to devise and implement successful strategies and business plans for increasing market share and earnings. In-depth experience includes innovative, visionary leadership, excellent insight into key industry opportunities and challenges, and superior negotiating skills. An exceptional motivator and team builder capable of maximizing personnel performance at all levels. Ideal candidate for president, CEO, CFO, CIO, and COO positions with enterprises seeking a results-proven leader in enterprise-wide situations needing an innovative strategic marketing vision and immediate, sustainable results. Authored and implemented an in-house software application that eliminated outside vendor services, cutting costs by $3 million in the first year, $4 million in the second year, and $6 million in the third year, as illustrated below: Cost Savings $6 $5 Millions $4 $3 $2 $1 $0 Year 1 Year 2 Year 3 Professional Experience First Assured Warranty Corporation Greenwood Village, Colorado Information Technology Director 2001 to present Spearheaded all IT functions for this provider of extended service warranties offered through car dealerships and via the Internet. Directed company-wide technology, including server and workstation functionality, website capabilities, email/anti-virus/anti-spam solutions, user application systems, and software development. Coordinated proprietary order entry, claims processing and accounting systems, call center operation, sales and claims queue processes, and efforts toward maintaining a competitive edge in the industry. Initiated a monthly reporting system for operations and claims reserve evaluation. Utilized cutting-edge technology to rebuild the internal network and Internet “cyber center” to defend against virus and hacker attacks. Maintained a 99.96 percent uptime for the internal network and a 99.93 percent uptime for the Internet cyber center. Re-engineered proprietary dealer and claims administration applications to optimize dealer contract data entry. Designed and implemented a new proprietary order entry and claims administration information system in the object model using VB.Net, SQL Server 2000, and OS Server 2000. The system is completely Internetenabled, utilizing server redundancy and clustering to ensure maximum uptime and unlimited future growth. Martin Mercer Page 2 Page Digital, Inc. Englewood, Colorado Division Directorships 1998 to 2001 Directed the finance, software development, and e-commerce applications development divisions for this webstore solutions provider. Oversaw financial compliance and reporting including cash receipts, cash disbursements, accounts payable, accounts receivable, payroll, and GL. Led a team of 35 programmers in building order entry, accounting, warehousing, inventory control, and manufacturing software solutions. Led the team that developed the business-to-consumer and business-to-business e-commerce webstores, including the development team that built and implemented the Synaro e-commerce webstore system dynamically producing catalogue, shopping cart, and order status functionality using Java and HTML. Designed and implemented a webstore online order and inventory system in six weeks, on time and within budget. Built version 2 of the webstore using Java and HTML as native languages in eight weeks. Instituted weekly software development and status update meetings, increasing the development team’s productivity by more than 50 percent. This significantly improved timely deliveries of go-live modifications and reduced turnaround time for existing customer software development projects. Built a budget and forecasting system to track and forecast the timing and sources of future revenue and to manage the expenditure of ongoing operating expenses and development costs. MDC Holdings, Inc. Denver, Colorado Applications Programming Director 1993 to 1997 Managed the senior programmers and business analysts providing programming support services for the ninth largest U.S. homebuilder. Served as project manager for a company-wide integrated, computerized point of sale/sales presentation/inventory/prospect follow-up system. Developed a database that quantified critical information regarding homes built in the Denver metropolitan area and established that there was a statistically significant relationship between expansive soils and basement complaints, allowing company attorneys to negotiate a favorable settlement in a class-action litigation. Designed a sales force office automation solution that contributed $29 million in annual renewable gross revenue and $6.5 million annually to the company’s bottom line. Within a two-year period, successfully completed more than 350 project requests and reduced the 200 backlogged inherited project requests to fewer than 30. Re-engineered the RPG tax-capitalized interest program with favorable and aggressive fully disclosed assumptions that justified a tax deduction of accelerated capitalized interest, causing the IRS to allow $49 million out of the $50 million in deductions it had previously denied. Paul Chamberlain International Beverly Hills, California Vice President, Financial Fraud Investigation 1990 to 1993 Directed and coordinated financial and computer fraud investigations for this firm dedicated to investigations involving white-collar crime and financial institution losses. The company is comprised primarily of former FBI special agents and handles the kidnap and extortion crisis response team for Lloyd’s of London insureds. Performed security surveys, provided litigation services, prepared investigative reports and criminal referrals for submission to the FBI, analyzed complex real estate transactions where fraud or malfeasance was suspected, performed statistical analyses for fraud, and managed the NBA draft background investigation program. Martin Mercer Page 3 Performed statistical analyses on automotive loan pools to establish that the loan default rate was dramatically shorter for loans accepted from specific suspicious automobile dealers vs. the general population of automobile dealers in the loan pools as a whole. This information pointed federal investigators to specific loan officers and automobile dealerships, resulting in criminal referrals. Successfully defended a company owner/partner against allegations of mismanagement by his business partners resulting in the bankruptcy of his franchised 50-store retail chain. Discovered evidence of long-term embezzlement on the part of the suing partners and secured countersuit settlement for client. Employment Prior to 1990 Served in director and manager positions for financial institutions, including Coopers & Lybrand. Spearheaded the client services functions of a software development company providing corporate tax software to Fortune 500 companies. Oversaw the technical support hotline staff and developed and coordinated the development of regional user groups nationwide. Provided MIS services for a “Big 12” CPA firm. Created a business plan for the new MAS emerging business group at Coopers & Lybrand. Directed day-to-day operations, engagement profitability, ongoing marketing programs, and staff development. Significant accomplishments included: Significantly enhanced the existing practice by applying forecasting and systems analyses using a variety of computerized projection and modeling programs. Authored award-winning computer-based applications used by more than 90 company tax offices throughout the United States, eliminating the need to use FASTAX to print syndicated partnership tax returns. This resulted in $3 million in increased net income in the first tax year. Net income jumped to $4 million in the second year and to $6 million in the third year. Corporate Legal Expertise Managed, directed, and coordinated financial and computer fraud investigations. Performed security surveys, provided litigation services to attorneys in financial litigation matters, represented clients, and directed background investigations. Law-related activities included: Preparation of pleadings, responses, interrogatories, and exhibits; preparing for depositions and direct/cross examinations. Prepared pre-trial documents including petitions, requests for documents, affidavits, notices of deposition, settlement letters, stipulations, and correspondence to clients/opposing counsel. Attended depositions, settlement conferences, OSC hearings, contempt proceedings, trials, and sentencing hearings. Incourt trial activities included opening statements, introduction of evidence, direct/cross examination of witnesses, and closing arguments. Evidential substantiation of facts in an IRS audit involving $50 million in previously denied deductions. Analyses of complex real estate transactions where fraud or malfeasance was suspected. Liaised with local law enforcement and the FBI on cases where prosecutable criminal offenses were likely to have occurred. Prepared investigative reports and criminal referrals for submission to the FBI. Researched records to locate hidden assets of former officers and directors of S&Ls. Teaching History Served as an instructor for Santa Monica Community College, El Camino College, and the Becker CPA Review Course from 1982 to present. Taught many varied courses in the categories of accounting, business law, and computer science, including accounting theory, fixed assets, inventory, cost accounting, leases, earnings-per-share, bond amortization, consolidations, fund accounting, taxes, financial statement analysis, auditing, debt financing, types of equity, contracts, torts, sales, insurance, negotiable instruments, property, secured transactions, bankruptcy, regulatory and employment law, and word processing, spreadsheet, and database applications. Martin Mercer Page 4 Education/Licensing Juris Doctorate: McGeorge School of Law, University of the Pacific, Sacramento, California, 1981. Bachelor of Arts, Accounting (Economics): University of California, Los Angeles, 1978. Certified Public Accountant: Licensed in Colorado, 1982 to present. Attorney: Colorado State Bar Certified and Licensed, 1981 to present. Technical Environments Computer Hardware: Intel, AS/400, RS6000 platforms. Application/Web Servers: WebSphere, WebLogic, Apache. Operating Systems: Windows (All), Unix (AIX), OS400, MS-DOS Networking/Backup: 10/100 Mb Ethernet LAN, Novell LAN using 4 & 16 Mb Token Ring, Windows For Workgroups version 3.11, NovaNet, Dell PowerVault 128T(LTO) Languages: RPG, Basic, Java, HTML, Visual Basic 6, VB.Net, SQL Server 2000 Security/System Monitoring: CheckPoint Firewall-1, Norton AntiVirus Enterprise Brightmail Anti-Spam, Saint Security, SiteScope Applications: MAS 90, Great Plains, Solomon, Peachtree, QuickBooks and Open Systems. Payroll: ADP, Ceridian Source 500, and PayChex. Tax Preparation: Corptax, TMS and TurboTax. Billing Systems: Timeslips and BSA. Databases: SQL Server, DB2, Oracle. Proprietary Homebuilding system; Synaro Software, and The APEX Order Entry and Claims Administration Information System. Edition, Publications The CPA Journal, March 1988, pp. 68-69 titled, “The Bernoulli Box: A Low Cost Alternative to Sharing Data in Limited Environments.” (See attached article copy.) "Exceptional leaders surround themselves with talented people and empower, encourage, and focus them to work toward a common goal. Because of this, these exceptional leaders will nurture and grow exceptional organizations." —Marty Mercer, 2005 Published Article Martin Mercer, J.D., CPA The Bernoulli Box: A Low Cost Alternative to Sharing Data in Limited Environments A Bernoulli Box is a removable hard disk cartridge storage device or to put it another way, diskette drives that accommodate 10 or 20 megabyte cartridge diskettes. The two advertised and perceived uses of a Bernoulli subsystem are that it provides a single PC with a virtually unlimited amount of hard disk storage space, and functions as a backup system that generates ‘working’ copies. This technology has been applied in a way that allows many PCs to use a single Bernoulli Box for conventional applications as well as creating access to a common hard disk storage device. Case Study A client had a three-terminal, 40 megabyte, Apple III/Corvus Network. They had run out of hard disk space and a consultant had recommended the purchase of an 80 Megabyte hard disk as a solution to its problems. Since the system was old, unreliable and could not run IBM based software, a Requirements Analysis was performed to determine the cost to address its data processing needs in an MS-DOS environment. Interviews with staff and management revealed that this firm performed three data processing functions: Word Processing Electronic Spreadsheet Write-up Work All of these functions needed to be performed by three support staff at separate locations. The word processing and spreadsheet functions did not require the sharing of data. However, account write-up work was to be expanded, and management wanted each staff person to be able to perform write-up work on any of their accounts. Initially, a Local Area Network (LAN) was explored. However, the estimated cost of the network exceeded the amount of the client’s budget for a system. So the problem posed by this engagement became: How can the three users have access to the same data source without incurring the cost of the Local Area Network? Further inquiries regarding the way in which each user needed to share the common data source revealed the following characteristics: No user needed to access the same account at the same time. The deadlines for the accounts were at different times during the month. Because of the many staff duties, the timing of access to the shared data source was flexible. With this information, the requirement of sharing a common data source took on a new look. The shared data source did not have to be available to multiple users at the same time, but only distinct single users at different times. The Bernoulli Box, in its traditional role, met all the needs of this client in a single user mode. Increased Hard Disk Space The client was expanding his account base which would increase hard disk requirements substantially. With the Bernoulli Box, the client would have infinite hard disk capacity and could very economically increase hard disk space by purchasing additional cartridges. Published Article Page 2 Data Security, Backup The Bernoulli Box offered backup and disk storage features that were particularly attractive to this client: The ability to store systems of different accounts on separate cartridges was a desired security feature. If one cartridge went bad, it only affected one account. This would not be the case on a conventional hard disk. The ability to have a ‘working copy’ as a backup was attractive to the client because of its immediate usability. The fact that there were two cartridge diskette drives provided additional security. If one of the cartridge diskette drives became damaged, the other drive could be used while the damaged one was out for repair. This would not be possible with a conventional hard disk. The only requirement not addressed by the use of a Bernoulli Box was the access by multiple users. This requirement was met by attaching the Bernoulli Box to a three-station switching device, purchasing Bernoulli Box control cards for each of the three computers, and connecting the new computers to the switching device. With this configuration, each one of the PCs could have access to the Bernoulli Box – but only one at a time. A user desiring access only needed to switch their channel, insert a hard disk cartridge, and type “D:” The client was pleased with this alternative because it addressed all of its data sharing needs without excessive additional cost. A Local Area Network is preferable when the sharing of a common data source is needed. But in a situation where the cost of a network is prohibitive and the sharing of requirements are limited, the un-traditional application of removable hard disk technology provided the client with an acceptable alternative. The microcomputer industry is changing at a phenomenal rate. Advancements in technology are constantly providing us with new alternatives to managing client’s data processing needs. Sometimes, the correct solution for our client lies not in that new technology, but rather in proven technology applied in a unique way. Published in The CPA Journal, March 1988, pp. 68-69. Key Accomplishment Summary Martin Mercer, J.D., CPA Opened New Markets by Designing a New Software System Situation: First Assured Warranty was using a proprietary order entry and claims administration system (FAIS) that was written in a procedural language that did not anticipate the existence of the Internet. Numerous elements within the system were “hard-coded,” making expansion virtually impossible. As the company grew, the complexity of the business model increased, and the FAIS system was incapable of handling the ever-increasing volumes and the changing business paradigm. Being an Internet company, it was crucial that the company be an industry leader in using the latest Internet technology to gain a competitive edge. Action Plan: Prepared and presented a proposal to build a new multi-functional, fully Web-enabled information system that would provide 24/7 production capabilities, built-in scalability, multi-tasking functionality, expanded fund distribution functionality, and the ability to substantially increase sales/revenue volumes with only nominal increases in resources. Designed the Apex system to operate on a Windows 2000 advanced server operating system using Microsoft’s SQL server database and its Visual Basic.NET object oriented development language. Built in the capability for replication, clustering, and load balancing concepts along with redundancy of all critical mission hardware components to ensure a 24/7 production environment. Satisfied accounting requirements by integrating the Great Plains accounting system using a SQL server database to ensure tight integration with our proprietary applications. Used advanced reporting tools in a data warehouse environment to provide real-time process-based reports using the production database; provided standard monthly business reports using the data warehouse database on a separate server. Provided Web-enabled “fashion your own report on the fly,” drill-down reporting using a separate multi-dimensional “data cube” database. Converted legacy data from the old FAIS system to the new Apex system. Employed existing users to quality assure and test the new system. Successfully went live from the old system to the new system over a weekend with no business down-time. Leveraged dealer and super-agent relationships to provide the ability to sell First Assured’s products via secure access to the Apex system over the Internet. Results: The project was completed on schedule and the Apex system was implemented within the two-year development deadline and within budget. The new system has provided the means to expand company offerings into new markets that had previously not been possible. The built-in redundancy and clustering features allow the simple addition of servers to handle increased loads wherever needed. Because of the Apex system, the Company has expanded into offering extended service contracts on motorcycles and RVs and can add new product lines with very little new development. The new Apex system has allowed the company to add hundreds of dealers to its business partner group, representing an exponential increase in contract sales with only minimum increases in resources. Continual implementation of the newest Internet technology pre-empts competition quickly and provides ongoing exceptional competitive advantage. Key Accomplishment Summary Martin Mercer, J.D., CPA Slashed Costs to Dramatically Improve the Bottom Line Situation: Coopers & Lybrand was using an outside partnership tax return preparation service bureau to prepare all partnership tax returns nationwide. Use of this service was costing the company millions of dollars annually in fees to this outside vendor, due to “special allocations” and oil and gas depletion schedules needed for the preparation of these clients’ tax returns. Fees collected in this process were simply being turned around and paid out to the tax service bureau. It was decided that the company needed to find a means to retain these fees instead of merely collecting them for this vendor. Action Plan: Drafted a plan for the design of a system utilizing Lotus 1-2-3, Basic programming, and custom printing features to calculate special allocations and produce the oil and gas depletion schedule attachments. Submitted the plan and timelines to prove that the programs could be built in just 45 days and that working prototypes could be delivered six weeks after that. Upon receipt of approval, commenced the design and began the process of building the new system: Laid out system architecture. Built all user interface screens. Programmed all the required functionality. Prepared the “camera-ready” IRS forms for the printer. Wrote the operations manuals. Beta-tested the programs. Delivered a final-release product for distribution to the company’s 93 offices within 135 days. Taught training classes on these new tax programs at the company’s annual tax symposium. Results: Delivered fully-functional programs to all the company’s locations within four months, eliminating the company’s dependence on the outside tax service bureau and making it possible to retain fees that had been originally collected and turned over to the outsourcing vendor. This resulted in $3 million in increased net income in the first tax year. Net income jumped to $4 million in the second year and to $6 million in the third year. Received an award for “Best Software Developed” by Coopers & Lybrand for the 1065K-1 Partnership Print Program and the Oil and Gas Depletion Program. Key Accomplishment Summary Martin Mercer, J.D., CPA Catapulted Revenues with a New Sales Force Office Automation Program Situation: One of the nation’s largest homebuilders had 155 model home sales offices in new subdivisions around the United States staffed by over 300 salespeople who sold Richmond American lots and homes. These salespeople would assist prospective homebuyers in selecting lots and model types, adding options, arranging financing, and signing the contract documents for their new homes. This was all done manually–there was no computer office automation in place. The number of up-sell, cross-sell, and follow-up opportunities that were squandered every day as a result of not having an integrated office automation solution was enormous. Action Plan: Submitted a proposal for automating all 155 sales offices and providing networked computers for salespeople. Modified a third-party lot/model inventory and pricing software package to be integrated with proprietary systems. This system allowed for nightly data transfers to and from corporate headquarters, the regional sales offices, and all the new home sales offices. Utilized Microsoft Windows for Workgroups 3.11 to build mini-networks in each sales office to ensure that all salespersons were working from a common inventory database. Designed an automated contract printing process that cut contract signing time from more than three hours to less than 30 minutes. Developed an interface that could call up any offered model on any lot, add options, and arrive at a price within seconds. Home specifications could be changed “on the fly,” instantaneously adjusting the buyer’s price. Implemented a follow-up system that gathered information from the prospective homebuyer throughout the entire purchase process, allowing salespeople to systematically follow up and offer upgrades and improvements. Integrated the company’s system with that of its sister financing company so homebuyers could be pre-qualified for a home loan and salespeople had the capability of up-selling within the buyer’s financing limits. Results: The pilot system was put in place within six months, with a final release a year later. The new automated system reduced the necessary paperwork by a factor of 10, freeing salespeople to concentrate on selling and following up on prospects in their databases. Automation of the 155 sales offices and integration with the homebuilding inventory system as well as with the mortgage company resulted in a combination of increased sales due to productivity, savings from homebuilding mistakes due to the misreading of handwritten work orders, increased up-sells, and increased mortgage sales due to cross-selling. Annual renewable gross revenues grew by $29 million and $6.5 million was added annually to the company’s bottom line, as illustrated below: Net Income Increases $7 $6 Millions $5 $4 $3 $2 $1 $0 1996 1997 Key Accomplishment Summary Martin Mercer, J.D., CPA Development of the Synaro Webstore at Page Digital, Inc. Situation: Page Digital was an enterprise software provider that sold and supported business software for order entry, accounting, warehousing, inventory control, and manufacturing. The company was using older technology that had no Internet components and which had no capability for integrating an online webstore. One of Page Digital’s clients was desirous of building a website with e-commerce capabilities within a six-month timeframe. Existing competitors did offer this client e-commerce solutions in addition to their enterprise software options. It was evident that, in order to stay in business, Page Digital would need to bring Internet services into its family of solution offerings. Action Plan: Built a design team and collaborated to lay out a prototype webstore system that could be fully integrated with the company’s back-end inventory database. Features would include webpages that were dynamically generated depending on what selections the customer made, the capability for instantaneous Internet purchases, an order status checking system, and dynamic generation of the “look and feel” of client companies’ sites coordinated with their own branding. Selected Lotus Domino as the platform upon which to build the webstore system; given the short timeline, it would be advantageous to modify existing functionality versus building from the ground up. Developed a project plan outlining all necessary tasks and identified milestones for on-time project completion, making sure to coordinate the webstore progress with the non-Web modifications and overall system implementation and training. After meeting the initial goal of delivering a webstore for the first client, the system was marketed to other nonwebstore clients. In the interests of staying contemporary, assembled a team of programmers to continue making enhancements to the system. Once the business-to-consumer module had been completed, focus was directed toward a business-to-business system and successfully met a go-live deadline for IBM in servicing such large clients as Coca Cola and AT&T. Results: Successfully met the go-live deadline for the initial client, whose webstore is still growing to this day. The webstore design served as a model and is now in its fourth or fifth incarnation. In January 2004, Page Digital, Inc. was purchased by Island Pacific, Inc. (IPI) and is now one of the leading multi-channel software systems for retailers, cataloguers, wholesalers, distributors, and manufacturers. This design has enabled its owners to perform hundreds of installations each year. Executive Insights Martin Mercer, J.D., CPA Leadership in a Competitive Market Leading by Example Woody Allen was quoted as saying, “80 percent of life is just showing up.” He was right. Good leaders are “present” in their lives and others can depend on them to thoughtfully and predictably accomplish whatever goals have been set forth. If they also manifest presence and charisma and can engage and energize the organization and its people, these exceptional leaders will nurture and grow exceptional organizations. Team Spirit Good leaders are not micro-managers—they recognize that it will only lead to organizational dependence. In such an environment, employees do not think for themselves but, rather, determine how their leader wants something done and execute the requested task accordingly. They learn not to think, not to solve problems, and not to take any ownership or incentive. When talented employees are respected, valued, and carry ownership for the success of the business, amazing things can happen. Within a team, creativity and the free flow of ideas can result in unique approaches that might otherwise never be tried. “Two heads are better than one”—how much better is a team? Motivation and Appreciation Mom always said, “You will always get more with honey!” There is more to this advice than meets the eye. Mom ran her own business and worked harder than anyone in her employ. She was always gracious, treated people with respect, and was fair and caring with her employees. The result was that her employees respected her immensely and had a loyalty and commitment to perform for her that was uncommon. This holds true in any business; the leader who lives a life of high integrity, carries a strong work ethic, demonstrates respect and compassion for others, and rewards workers for their efforts will surely garner loyalty, respect, and hard work. Stay Ahead of the Wave With an eye to the “bottom line,” many companies have historically paid as little as possible for information technology needs. Today’s information environment is so incredibly complex that there is no longer a middle ground for investing in new technology. Companies must now stay on the cutting edge just to survive. The only course of action in this information age is to adopt and embrace new technology to gain competitive advantage and generate additional revenues. The company with an eye to the future and being on the vanguard in embracing new technology can triumph in today’s highly competitive marketplace. The 3 T’s—Talent, Teamwork and Technology An old adage states, “The team with the best players wins!” There is truth to this in business as well as in sports. However, this adage does not provide enough guidance. A leader who can assemble a talented team, get them to work well with each other, and who implements new technology as a strategic revenue-generating and resourceleveraging tool will inevitably rise above competition. Executive Insights Martin Mercer, J.D., CPA Building an Executive SWAT Team Essential Components What do you get when you combine a rainmaker, a bean-counter, a computer geek, and an Indian chief? No, not the business version of the Village People. Rather, you have an executive SWAT team that can quickly turn around a company that is in desperate need of reorganization and revitalization. A small group of talented experts skilled at rapidly deploying processes, systems, and new technology can transform a stagnant, outdated, and lethargic company into a high-growth player in its particular industry. This will quickly add value for a company’s stakeholders and will create opportunities for stock offerings, acquisitions, or a company sale. Accomplishing Quick Turnarounds The team must consist of individuals who are skilled in their respective areas of expertise, work well together as a team, and who welcome the challenge of adapting their skills and tools to new environments. This team will build portable processes and systems, anticipating that they will be used for subsequent turnarounds, thus increasing the speed at which turnaround strategies can be implemented. The basic process would then be fine-tuned to build a specific game plan for each project, implementing a comprehensive system of information management, financial controls, and revenue generation to quickly change the direction of the company to one of high growth. Each new project affords the team insight into improvements and upgrades that will streamline its turnaround strategies. Who Can Use One? The executive SWAT team can be utilized by companies with growth potential but which are lethargic in responding to new business opportunities. Other potential clients could include boards who are not happy with company’s direction and want a rapid reorganization and revitalization of operations, venture firms or investment groups that have purchased a controlling interest in a company that needs revitalizing, and chief executives who would like to quickly upgrade systems and processes to respond to market pressures. Scalability and Reusability Most companies end up trying to fill their information management and financial compliance needs with “shrinkwrapped” software when available and proprietarily developed software when prepackaged solutions are not appropriate. If a company requires that software be developed, it must bear the full cost of development. What if software functionality could be developed in a way that it would apply to almost any company’s needs? The development costs could then be shared among the recipient companies. Suddenly, custom software applications can be utilized to gain a competitive advantage in a very affordable manner. It Can be Done! Object oriented design (OOD) in software development delivers on the promise that if you build functions in a generalized way and call for their use, that those functions can be used by any and all requestors regardless of their particular circumstances. This is very effective in an integrated application, but can be effectively extended across diverse companies. For example, credit card processing functionality can be built in a general enough way so as to be useful across the board with minimal modification. By extending the object oriented design concept to a business model, business and accounting systems and processes can be utilized in a way that they can be applied to many companies with very little additional development cost. Anti-virus, anti-spam, information management, and reporting solutions can be easily applied across companies. Even revenue-generating processes can be applied to many businesses. In short, find out what works, why it works, generalize it, and apply it to many companies sharing the cost of the superior development.