From Lockdown to Lift-Off: Bouncing Back from the Pandemic
The pandemic was not kind to Sched, an event scheduling software company. With social distancing came an end to social events. Sched, which had been growing steadily, saw its revenues collapse. Seeking help with financial management and cost-cutting, Sched partnered with WhiteLabel to develop a turnaround strategy. “WhiteLabel helped us evaluate and make a variety of strategic decisions during our time together. They provided useful insights, systems, and resources during a period when we needed it the most,” said Marvin McTaw, the company’s CEO. “The most important part of this really comes from their ability to ask great questions that bring underlying assumptions and meaningful considerations to light. Their questions and collaborative thinking ultimately helped us make better decisions to chart our company's path forward.” Part of that path forward was identifying the need to take sole operational burden off the CEO’s shoulders, identifying that the firm needed a strong operational second to the CEO’s visionary leadership style. Creating and leading the search, WhiteLabel was able to help Sched source, and, ultimately, hire some exceptionally qualified talent. Today, Sched is thriving and continues to partner with WhiteLabel.