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Diane Wolff
President, The Blue
Sage Group
Diane
is the founder of
The Blue Sage Group. She
is a senior financial executive with a proven track record of
increasing profitability by creating the tools and processes that
allow senior management to quickly gage the financial impact of
operational initiatives and actions. In addition, she has created
infrastructures in small company start-ups, that enable them to handle
explosive growth and restructured mature companies into streamlined, low
cost operations.
As Vice President of Finance for
Genuity, a leading provider of managed Internet services, she grew
revenue from $150 Million to $750 Million in three years, while
improving gross margins by 100% in that three-year period. When she
joined the company, although a large corporation, it was in reality a
conglomerate of separate and unique start-up operations with antiquated
systems and processes. She worked with cross-functional teams to create
the systems and processes that revolutionized the business by utilizing
linked data to reduce the order processing cycle and improve the quality
of customer service.
At ODI, an international management
consulting firm and leader of the TQM movement, as Chief Financial
Officer and Director of Operations, she was confronted with many
independent subsidiaries with separate or a non-existent
infrastructure. She streamlined Order Management yielding a 30%
productivity improvement, and streamlined IT reducing costs by 50% by
overhauling the network, updating equipment, and establishing a
state-of-the-art website, and utilizing Internet-based tools and
systems. At Ziff Communications, owner of Ziff Publishing, she
developed and implemented economic models and pricing tools for their
Internet-based and web hosting products. She also managed the
integration of the multi-company accounting and fixed asset systems.
Diane was also integral to a number of
corporate transactions during her career. For example, at Genuity, it
was not unusual for Diane to be involved in an acquisition while
evaluating multiple partnerships and complex contracts at any given
point in time. Such transactions involved a strategic customer contract
that yielded over 50% customer revenue growth, a partnership with
another high tech firm valued at more than $200 Million which also
reduced the cost of that firm’s product launch by 20%, and several
partnership agreements estimated to produce in excess of $1 Billion in
revenue for both companies. She assisted in the separation of Genuity
from GTE as part of the Bell Atlantic/GTE merger which created Verizon
Communications. She also assisted in the successful completion of
Genuity’s $1.2 Billion IPO. At ODI, she completed the divestiture of
European entities, sale of 50% of ODI’s equity, and restructured $4
Million in debt with European and US banks.
Diane graduated Summa Cum Laude from
Emerson College with a Bachelor of Science degree in Business
Communications. She completed graduate courses for an MBA in Finance at
Harvard’s Extension Division.
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