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    Norbert Sommer

    Managing Partner abc businessbroker at 2ABC Active Business Consulting & Management GmbH

    Professional Background

    Norbert Sommer is a distinguished professional with over 20 years of extensive experience in cost accounting and controlling systems. His remarkable journey spans various roles that highlight his functional expertise and dedication to enhancing financial viability within organizations. Currently, he serves as the Managing Partner at 2ABC Active Business Consulting & Management GmbH, where he leverages his vast knowledge and experience to provide invaluable support to businesses looking to improve their financial health and operational effectiveness. Throughout his career, Norbert has demonstrated exceptional skill in implementing and refining cost accounting systems, focusing on standard cost accounting and product cost optimization, ensuring businesses operate at peak efficiency.

    Norbert has played a pivotal role in the realization of cost reductions and savings in procurement for numerous companies, effectively contributing to their bottom line. His commitment to boosting performance has seen him engage in investment evaluation and business valuation projects, managing over 50 such projects annually. This breadth of experience has positioned him as a sought-after consultant, particularly for small to medium enterprises (SMEs) with up to 500 employees, guiding them through turnaround solutions that enhance viability and sustainability.

    Education and Achievements

    Norbert Sommer's academic foundation is anchored in his Master's degree in Business/Managerial Economics from the esteemed University of Linz. This rigorous education has equipped him with the analytical skills necessary to diagnose financial challenges and implement strategic solutions effectively. His academic background complements his practical experience in the finance sector, enabling him to offer well-rounded insights into both the theoretical and practical aspects of business management.

    Norbert’s notable achievements include the implementation of comprehensive financial and accounting systems tailored for SMEs. He understands the unique challenges these businesses face and is dedicated to developing solutions that ensure proper financial governance and transparency. He has also excelled in controlling and optimizing cash positions for various organizations, enabling them to manage their resources effectively and maintain healthy liquidity positions. His knowledge of International Financial Reporting Standards (IFRS) further enhances his capability to provide expert consultancy services in business finance.

    Positions Held

    Throughout his illustrious career, Norbert has held key positions in various leading organizations. Before his current role, he was the Geschäftsführender Gesellschafter (Managing Partner) at abc Bildungszentrum - abc Erwachsenenbildung GmbH, where he played a significant role in the education and professional development sector. His previous experience also includes serving as a Senior Consultant in Business Development, where he was instrumental in devising strategies for business growth and development.

    In the corporate finance landscape, Norbert made significant contributions as the Finance Director and Head of Controlling at Tyco Electronics Austria GmbH, providing leadership and direction in financial management and reporting. His career also includes influential roles at respected organizations such as maxmobil, Ottakringer Brauerei AG, and Austria Metall AG, where his expertise in controlling laid the groundwork for strategic financial planning and operational improvement initiatives.

    Notable Contributions

    Among Norbert's notable contributions to the field of finance and business management are his strategic interventions in turn-around solutions for SMEs, enabling numerous businesses to navigate financial difficulties and emerge stronger. He possesses an acute understanding of cash flow management and the levers that drive financial performance in organizations, making him a trusted advisor in times of fiscal uncertainty. Norbert’s approach is not just about numbers; he emphasizes the importance of a comprehensive understanding of the business environment, ensuring his clients are well-informed and able to make strategic decisions that align with their long-term objectives.

    keywords and phrases relevant to his industry and expertise, including: cost accounting, financial consulting, business valuation, cash flow management, turnaround solutions, small to medium enterprises, procurement savings, standardized costing, accounting systems, expert consultancy, IFRS compliance, financial governance, operational efficiency, financial planning, business development consulting, management strategies, business turnaround expertise.

    Related Questions

    How did Norbert Sommer develop his expertise in cost accounting and financial management?
    What specific strategies has Norbert Sommer implemented to achieve cost reductions for SMEs?
    In which ways did Norbert Sommer's education influence his career trajectory in business management?
    What notable projects has Norbert Sommer led in investment evaluation and business valuation?
    How has Norbert Sommer contributed to the financial health of medium-sized enterprises through his consulting work?
    Norbert Sommer
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    Location

    Austria