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Meet the Team

Russell Hutchinson, Margaret Stanley, Caterina Harris , Frances Hutchinson, Michael Larsen, and Phillip Matthews.

Together we form the Chatswood Consulting Limited staff. We specialize in providing management consulting for financial services companies. We have a particular interest in distribution management solutions, product development, and strategy setting.

Money Blog

For daily updates please refer to the Chatswood Moneyblog. The MoneyBlog provides you with an eclectic mix of personal views, industry commentary, and editorial for current affairs provided by our principal, Russell Hutchinson.

www.chatswood.co.nz provides you with an overview of Chatswood Consulting. It is our corporate profile online, which is updated only periodically.

Who are you?

·         You may be a financial services company such as a: Bank, Distributor, Insurer, Broker, Fund manager, or Financial planner.

·         You may also be involved in the financial services industry as a: Lawyer, Actuary, Risk Management Firm, Newspaper, or Technology provider.

In either case, we have interests in common - we want to help you understand and flourish in the financial services sector. Bookmark this site, and send us an email to let us know areas of specific interest to you.

Strategic Environment 2008 – 2010

2008 has some great potential and some potential storm clouds but the name of the game will be distribution: Creating new forms of distribution, re-engineering current forms, or building distribution skills and capacity.

The financial services industry is in the middle of a period of major structural reform – probably the greatest reform period in the last 100 years. This coincides with a global credit crunch and difficult local economic conditions. We review the big issues at a high level in our Latest review.

  

 

What Chatswood Consulting Can Do For You

We can help you grow. Often we are asked about recruitment, and people are surprised to hear that we don't think it is a problem. There are many new financial advisers - but they don't necessarily wear the same labels as they used to.

We can help advisers grow. Another common problem is the shift from salesperson to salesmanager - yet this shift can be accomplished through learning and discipline. In a year you can make the change. We can help advisers achieve that. We can help companies achieve that with many advisers.

We can help you develop better products for the events that trigger purchase in today's markets. Understanding the seven sources of innovation can slow the swirling stream of events down to a readable pace - allowing you to make informed development choices and capture new markets.

We can help you look at your business as your clients and investors do - from the outside looking in, with an eye on competing businesses performance.

Our clients want to be more profitable – we help them to achieve it. Our success is demonstrated by the repeat business we enjoy and the results we have delivered. Our most popular services include:

·         Product development

·         Distribution strategy

·         Pricing Strategy

·         Programme & project management

·         Distribution projects planning, and management

·         Report writing

·         Journalism and copy writing - recent articles

·         Marketing strategy, research and planning

·         Market test feasibility

·         Compliance auditing

We also have substantial expertise in the following fields:

·         Training services

·         Graphic Design, Production, and Print Management

·         Corporate mission and strategy

·         IT systems requirements analysis

·         Media management 

·         E-commerce initiatives

For more information about our projects work, click here.

Results That Make a Difference

We have to be very careful to respect the confidentiality of our clients; however, in broad terms we have been able to provide some substantial contributions to the development and growth of many organisations, some examples are given below. 

·         We have developed three major new national distribution channels in the last three years, collectively achieving more than $8 million in new annual premium production.

·         We have direct, current, experience of building and managing a successful sales team.

·         We were instrumental in the development of the leading online sharetrading service in New Zealand .

·         We took risk product sales from $4 million a year to $18 million a year for a major insurer

·         We have worked on the planning and launch of two recent insurance industry start-ups.

·         Raised $1.5 million in new capital for a technology start-up

·         Raised $2 million in development funding for new distribution businesses.

·         Assisted in acquisition opportunity identification.

·         Provided business valuation information

·         Identified $500,000 in annual savings for a technology implementation at a fund manager

·         Developed changes to financial products that resulted in a rise in contribution of $8-10 million a year

·         Identified pricing anomalies in research that when corrected yielded an additional $1-2 million annually

·         Managed projects successfully with implementation budgets worth many millions of dollars

To obtain specific references please contact Russell.Hutchinson@Chatswood.co.nz and we will put you in touch with non-competing clients who can provide you with details. We are proud of our achievements, please refer to the References section for a list of clients. To view our terms of engagement, please click here.

 

 

Assembling the Pieces

The value that we can add is based on fundamental business dynamics, our unique experience, and areas of focus:

·         Convergence is a long-run dynamic behind most post-war changes in business – the coming together of disparate streams as globalisation pools ideas, technologies, and skills in new business structures. Our experience brings together the disciplines of marketing, finance, and strategy with the business sectors of financial services, software, and e-commerce.

·         Creation is the most difficult task in business. The enduring business guru Peter Drucker says that at its fundamental level business has only two unique functions: Marketing and Innovation. Innovation entails risk and finding new ways. Finding new ways means seeking out new ideas, people, and choices to make. Our experience with new ventures, new products and services, is at hand to help you with the creative process of growth.

·         Connections between the important facts amongst the mass of irrelevant data are increasingly difficult to identify. Creating the right connections, being able to identify the critical future trends, and build those into strategic choices about where to develop your business- these are the challenges that we relish the most.

This is an abbreviated profile, for the latest overview, email russell.hutchinson@chatswood.co.nz.

 

  

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