MINNETONKA, Minn. — February 11, 2020 — Platinum Group, a management consulting firm that advises business owners, private equity funds and family offices, announces that Laurie Knutson has joined the firm as an Executive Consultant. Most recently, she was President at Ōmcare, a health technology company pioneering products that enable remote care in the home. Knutson brings 25 years of interim leadership and business strategy […]
Mentoring a Family-Owned Business Back to Health
How Platinum guided improvements in lender relationships and business operations to get a company back on track
Creative Solutions to Overcome Ownership Transition Constraints
How Platinum Group created advantageous loan structure for buyer and seller
How to Spot Trouble Ahead of Time
The New Year is a good time to take a fresh look at your company’s income statement. When business owners look at their monthly profit-and-loss statements, they may only be seeing the tip of the iceberg. It’s what looms underneath — that may cause enough damage to sink the ship — six or nine months down the road. Spotting trouble ahead of time takes more […]
What It Means to Marry Into a Family Business
When a family business negatively impacts a courtship, strongly consider how it could destroy a marriage relationship by reading a recent blog post by Platinum’s Bill English, “I Can’t Marry Into This.” Bill says, “This story is a compilation of three different calls I received last year that were remarkably similar. All three found me via this web site and called me for advice: two […]
Manufacturing and HR Specialists Join Platinum Group to Advise Business Owners
Platinum Group, a management consulting firm that advises business owners, private equity funds and family offices, announces that two new Executive Consultants have joined the firm: Greg Backlund brings 35 years of experience to Platinum in the areas of manufacturing operations, process improvement and Lean manufacturing. Jennifer Strom helps business owners develop human resources (HR) strategies in the areas of talent, compliance, payroll technology and employee engagement.
2019 Newsletters
Read the articles from our 2019 newsletters.
Supporting the Needs of Local Youth & Families
A Donation to Banyan Community Many of you and your families give of your time, talents and treasures throughout the year to worthy nonprofit organizations that make a difference in our community. To honor this commitment, Platinum Group is making a donation this holiday to Banyan Community on behalf of its clients, trusted advisors and friends. Platinum’s Tom Hubler is chairman of the board of […]
Understanding the Difference Between Governance and Leadership
How Platinum Group helped a nonprofit develop a healthy board of directors
Building a Great Culture in Your Business
Everyone talks about culture. Everyone believes that a good culture is necessary to success in business. Yet, our understanding of what it takes to build a great culture is amazingly immature because, in part, we don’t know how to define what culture is. Consider these definitions that a quick Google search will give you:
“In other words culture can be defined as an evolving set of collective beliefs, values and attitudes. Culture is a key component in business and has an impact on the strategic direction of business.









