Learn how we helped a leading psychology practice implement a fundamental pivot in their business.
Altitude Advisory has been working with Bower Place for 3 years. Based in the Adelaide CBD, Bower Place is uniquely positioned as not only a specialist in family and systemic therapy practice but also a provider of education and training in the mental health field.
While the private practice was performing well, Bower Place sought direction from Altitude Advisory to diversify and pivot their business for further growth.
Altitude Advisory conducted a planning session to identify clear goals, targets and strategies. These strategies included the introduction of:
- Detailed reporting frameworks to establish benchmarks and measure success
- Clear accountabilities for staff
- Workforce plans to manage resourcing
- Job descriptions for all staff
- Outsourcing some functions such as book-keeping so management could focus on growing the business
Once these fundamental strategies were in place, Altitude Advisory helped Bower Place develop a plan to commercialise the extensive intellectual property and knowledge the practice had acquired over many years.
This has led to a strategic shift for Bower Place with greater focus on their education and training offering for the mental health profession.
This included the launch of a new online knowledge portal to the market and an expansion of the range of education courses.
Our staff working with Bower Place
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What our clients say
"Altitude Advisory offers us a blend of strategic and compliance services built on a practical and really personable approach to service. Their readiness to support us with issues and opportunities as they arise and refer us to other services in their group when needed is invaluable. We also appreciate the way in which they look out for opportunities for our business without being prompted."
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"Altitude Advisory works with us to find ways to improve our business unlike accountants we have used in the past who were only interested in taking the figures and doing our tax. They're always approachable and call us for a chat which shows us they're truly interested in our business."
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