Spero Consulting, Inc.

We offer confidential consulting and training and advisory services to firms, organizations, and individuals in several broad areas, including: (1) managerial control; (2) valuation and risk analysis; and (3) the integration of control and risk management.

1. Managerial control is a very broad practice that encompasses almost all aspects of finance, accounting, and strategy.  It includes decision making; cost and information system design; incentives; and performance measurement.
2. Valuation and uncertainty (risk) analysis focuses on pricing and risk model development and validation; scenario & stress testing development and analysis; counterparty credit risk; and hedging advisory services.
3. Integration of managerial control and risk management for both industrial and financial organizations.  This is a new initiative to address a serious shortcoming within our economy.  Industrial firms need to find better ways benefit from their risky environments rather than solely trying to insulate themselves.  Financial firms must address control issues, particularly incentive issues, and especially performance measurement issues, within their operations as a way to mitigate potential disasters and reduce the magnitude of their feast-to-famine cycles.

Our Blog posts discuss current affairs and news articles, and anything else that amuses, annoys, or interests us.  Some are silly, but most are serious, and all illustrate our thinking and inform about our perspective and us: WYSIWYG. 

We have written extensively on the current financial crisis and government bailout and have proposed a reasonable, alternative private solution involving a few simple changes in the federal tax code.

Many posts provide examples of concepts presented in our essays, but serious folks might consider some entries to be extraneous and not worth their time.  If interested in our control-related essays and blog posts, we strongly encourage readers to start with Our Control Framework.  It defines many terms in the technical way that we use them, which may be different than how the words are used within one’s own firm or organization.  Those interested in markets and risk management should start with Uncertainty Management, which explains our philosophy.

Besides the above consulting services, we’re excited to announce our new web design services for medium and small businesses and organizations, primarily in—but not limited to—Western Pennsylvania and the Pittsburgh region.  Now, that our inability to draw is no longer a hindrance to design work, we’re able to show our creative side.

We’ve completed, or are in the process of completing, the following sites: St. Alphonsus Church, St. Alphonsus Athletic Association, and the Oakhaven Subdivsion.  You’ll certainly note similarities, but all the effort, designs, and graphics were contributed pro bono; so, time-savings and economizing were important to us.

As time permits, we plan to add substantial content to our site, but fortunately we have been very busy.  However, there is plenty to read and the About pages provide a information about us. Please call Andy at 412.779.9028 or use our contact form to request more information.  Friends of the site and the firm are welcome to register and comment on posts.