ACC CEO, Miles Lee, Addresses the Finance Society at the University of Kentucky
LOUISVILLE, KY OCTOBER 30, 2019 – President and CEO of the cost reduction industry leader, Alliance Cost Containment (ACC), Miles Lee, spoke with the Finance Society at his alma mater, the University of Kentucky.
Speaking to a room of graduate and undergraduate students, Miles outlined his personal history in the cost reduction space and how ACC specializes in expense reduction for private equity firms and corporations. Miles spoke about leadership, innovations and firm growth offering industry insights. He also gave students tips on how to interview well and get hired.
He also spoke about how ACC adds value to private equity firms who apply a value creation multiple to every dollar saved in their portfolios.
Students asked insightful questions and were especially interested in private equity cost consolidation.
Miles left the students with practical advice based on what he’s learned in the trenches:
Become really good at more than one thing,
Prioritize learning over earning,
Make honesty your personal brand,
Embracing failure will help you succeed,
Expect “unfairness” and eliminate excuses.
Develop strength & grit to overcome setbacks and adversity.
ABOUT ALLIANCE COST CONTAINMENT
Louisville-based Alliance Cost Containment (ACC) assists clients with profit improvement by reducing procurement costs. Primary target markets include corporations, private equity backed companies and industry groups. ACC’s approach instills institutional behavior change, adherence to best practices, and helps improve forecasting. The company also creates and manages marketplace environments for private equity portfolios and franchise organizations requiring a group savings or GPO structure. ACC is the recipient of numerous awards, including Business of the Year from Louisville Business First, the GLI Inc.Credible Award, the Best Places to Work award 3 years running, the Inc.5000 Fastest Growing Business award and more.