THE TRUTH: Our restructuring exercise was not merely a “numbers” decision.
Consistent with our strategic plan for organic growth, ColinaImperial began a management and administrative restructuring exercise to enhance our competitiveness in this fast-changing industry. This is a normal exercise for companies in this phase of their growth cycle and, although it yielded some savings benefits, was not merely a “numbers” decision. Other factors, such as our Company’s business strategy, product focus, and external economic conditions were the major factors in the decision to restructure the Company.
Like other forward thinking companies, we are positioning ourselves for global competition, and focusing on our strengths. In the long run, we will look to continuous improvement, efficiency and reinvestment in order to maintain our leading position and maximize value for our internal and external stakeholders. Our strategy at ColinaImperial includes an intense focus on results, making the most of changing market trends, delivering innovative financial planning products that engender customer loyalty, and listening to our customers in order to anticipate their needs and exceed their expectations.