About Us

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Company Mission

To provide expert advice on company performance, potential future states and how to get there.  

Beliefs

To become competitive, modern Engineering and Technology companies need to adapt to modern  ways of thinking. This may include culture, engineering, product development or doing things really  well and knowing what ‘good’ actually looks like in the modern world. Unfortunately, many UK Small  to Medium sized Enterprises (SME’s) have stayed in the past. What was ‘Good’ yesterday is now just good enough. Satisfied with the occasional efficiency improvement over the last decade, many  SME’s are often moderately successful financially. Will it last? Is it enough for your exit strategy? To  sell your company? Will you have enough engineering rigour to enter another market? Or to show  why someone should buy your company? Is there a company sinking product recall already in  motion, you just don’t know it yet? Has moderate success dulled the appetite for greatness? 

What do we do? 

Based in the United Kingdom, Product Governance Ltd is a consultancy assisting customers to: 

• Understand and improve company’s products, processes and systems. 
• Understand the real risks and opportunities within companies. 
• Improve companies governance structure overall, governance of its products and  their creation. 

Our Customers and who would want our help?

• Merger and Acquisition
   
  • Looking to Buy:  : We assist accounting and legal teams to provide Engineering  and Operations input into the Due Diligence process. We find product and process  risks and opportunities that they can’t find. These are used by the buyer to  enhance their knowledge of risks, reduce the acquisition price or identify ways  to improve company value post-acquisition and prepare for integration.
  • Looking to Sell:  : We assist company owners to improve perceivable and actual  product reliability and manufacturing &/or design cost. Your company may be  great at what it does, but if this is not perceivable or well presented to buyers then  they are unlikely to pay for it, or believe it. We find ways to increase your  profitability. Not just advice, we show you how – in detail.
  • Brokers: Is you clients’ company ready to sell? Insufficient GM or EBIT? Perhaps  too much institutional knowledge held by the company owner? Together, we can  help prepare your clients company for sale. Increasing their sale value, adding  to your sales pipeline and your commission.
     
• Financing:  Before committing to provide substantial third party financing, we can confirm  that the underlaying assumptions within a clients product range, operations and reporting  are as per stated.
   
• Supplier Selection and Evaluation:  When committing to a supplier of Engineered  componentry through to full turn key product development, we determine if the supplier  has the competence, capability and capacity to deliver to your standards.    
   
• Customer Preparation:   Often customers are not ready for your product. For instance,  perhaps you sell Enterprise Resource Planning (ERP) software (eg. Oracle, Epicor, Sap  etc…) If your customers underlaying Operational Procedures and Governance is lacking  then the implementation is ripe for failure. Instead of waiting for your customer to become  ready, we create an organisational development plan to get them ready (increasing their  profits) and in a way that aligns with your software 

How do we do it?

• Technical Due Diligence: Degree qualified and experienced engineers (10ys+)  understand the REAL cost of manufacture by using well established Quality Engineering  and Production Engineering methods to understand design, products and manufacturing  processes. Typically, we identify ineffective design artefacts and inefficient  manufacturing processes that hide costs, risks and opportunities.   
   
• Operational Due Diligence : MBA qualified and experienced managers (10yrs+)  understand the REAL costs, risks and opportunities within companies by using well  established management science. Typically we identify inefficient process and systems  that come from siloed company structures, confused roles and responsibilities and the  outcomes of failed improvement projects that produce hidden sub-optimal performance.
   
• Governance Support: Doctorate educated and experienced directors (10yrs+)  understand the REAL risks and opportunities within the company governance structure.  Typically we identify reporting structures and risk analysis methods that are insufficient  for senior management and/or directors to understand the nature of their business. This  includes simplifying reporting structures where appropriate as well as improving the  quality of the information received. 

Executive Profile

Founder and Managing Director, Dr Adam Palm. Practical, real world, grounded, academic,  business minded Engineer, Manager and Director. Within his own 35 years experience in High  Tech Engineering, Auditing, Quality, Sales, Business Management and Directorship and that  of the Engineering world we live in. Dr Adam Palm, could see the common thread behind product  failures and expensive manufacturing processes. The origin of product failure is often not in Design,  Manufacturing or Quality processes, which is where auditors typically look. Product failures are often  created by the culture of the organisation that developed the product. Traditional approaches to  Quality and company processes have fed into the dystopian view that Quality systems are  something to leave for the thick-rim bespectacled nerd with a white coat at the end of the  manufacturing line. Throughout his career as an Engineer, Quality professional and Company  Director, Dr Adam Palm showed repeatedly that Quality can and should be used to drive  commercial success. Quality IS Sales. Quality IS Accounting. Quality IS Marketing. Quality IS  Business Management. Quality IS Governance. Further, he demonstrated the moderating effect of culture on product reliability at the Doctoral thesis  level. The result is a framework that we call the Culture in Action Tool. This tool can be used to test  (or audit) companies Design, Manufacturing, Quality AND Culture to see if the cancer of product  failures are within the DNA of an organisation. Like all cancer's the potential is within ones DNA and this does not mean you can feel it's affects today... but in time you probably will. Wouldn't you  want detection as early as possible? Or is it easier to live in denial... for now. 

Industries and specific experience:

• General engineering (manufacture and design):  (Electronic, Electrical, Mechanical, PCBA, Injection Moulding, Machining, lean, JIT)
• Electrical Reticulation, Insulators, Sub-Stations, RMU's, Switchgear (LV and MV)
• Uninterruptible Power Supply Systems. (AC, DC, Rotary and Static)
• Automation, Robotics and Machine Vision
• Biomedical engineering: ISO 13485 (X-Ray, ECG, MCG, Ultrasound, MRI, CT, Nuclear Medicine, Defibrillators, Pacemakers)
• Rail: RAMS (OTMR, ERTMS, Remote Condition Monitoring)
• Food processing Equipment
• Industrial Electrical Contracting (mining, processing, commercial fit-out)
• Instrumentation and sensing
• Smart Metering (SMETS 2)
• Automotive (manufacture and Design): TS16949 
• Battery and cell manufacture and selection (Lithium based, Ni-Cd, Ni-mH, lead acid)
• PPAP, APQP, MSA, FMEA, Capability Index within industries above