Across multiple mergers, acquisitions and joint ventures at BNY Mellon, BlodgettSmith conducted due diligence and analysis of a number of aspects to determine optimum outcomes. The work included looking three to five years out to assess where BNY Mellon wanted to be and how to get there. In addition to the planning side of these activities, BlodgettSmith also engaged in executing the plans, following through recommendations with action.
Couture Planet started with a cool idea: instead of recycling newspapers, use them as a durable fashion statement. The company developed a process for manufacturing fashionable, one of a kind bags using actual newspaper pages as the visual statement. But an idea is only the first step in building a sustainable business. So the company turned to BlodgettSmith for help with strategy, planning, advice on sourcing and solving business problems.
Seventy percent of Boston Public School 4th graders are not proficient in literacy, which means that they are four times more likely to drop out of high school. Further, children in low-income neighborhoods start kindergarten 60% behind their more affluent peers because of poor oral language skills. Generations Incorporated makes a difference in these populations through literacy programs that include matching kids with adult mentors. In addition to holding a board seat, BlodgettSmith also helped Generations significantly improve their marketing and strategic plans.
With the motto “Live to Learn. Learn to Live,” Proctor Academy works to support a wide range of learning styles through a highly collaborative, individualized process, a broad and challenging curriculum, and unparalleled experiential learning opportunities on and of campus.
The Academy turned to BlodgettSmith for help in two major initiatives: a five-year strategic plan and a $30 million capital campaign. Accomplishments included spearheading the strategic planning process and designing, creating and running the Focus Group that devised the strategic plan; and developing, initiating and executing the strategy, messaging and marketing for the capital campaign.
TEACHER DEVELOPMENT NETWORK
Teachers face challenges as they try to develop their practice based on their individual needs and classroom contexts. As former teachers, Taylor Percival and Jessica Yarmosky know exactly what that's like. So they founded the Teacher Development Network to transform the design and delivery of professional development to help teachers cultivate profound, engaging classroom environments for their students. The seminal idea was an exciting one, but the founders needed help creating their business plan, budget, and fundraising strategy. BlodgettSmith provided that mentorship, as well as helping them create and validate their mission and vision.
Penguin Hall is a magnificent 50-acre estate north of Boston. When the owner teamed with a partner intending to transform the estate into an elegant independent-living community, they turned to BlodgettSmith for due diligence, research, planning and management expertise. Over the course of the effort to establish the community, BlodgettSmith implemented and managed the marketing and sales plan, oversaw the creation and operation of the website, and ultimately ran the exit strategy when adverse conditions like the great recession made the project unviable.