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The
Paladin
Difference
The Paladin Difference
| About Us
| What Makes Us Different
| Our Team
| Contact Us
| Appendix: Core Service Areas
2
About Us
The Paladin Difference
Paladin is a middle-market advisory firm driving
value creation through financial and operational
consulting services.
Our team of expert consultants, from a range of
disciplines, unites with our clients to deliver
tailored solutions that yield tangible and lasting
results.
4
Your Mission is Our Mission
The Paladin Difference
Restructuring
• Restructuring Advisory Services
• Liquidity Projection and Management
• Bankruptcy Planning and Management
• Interim & Crisis Leadership
Strategic Communications
• Restructuring and Transactions
• Corporate and Financial
• M&A and Litigation Support
• Reputation and Crisis Management
Transaction Advisory
• Buy Side Diligence
• Business Plan Review
• Integration Services
• Sell-Side Readiness
Portfolio Company Services
• Financial Reporting and Modeling
• Internal Controls and Compliance
• Human Capital and Interim Staffing Solutions
• Post-Acquisition Advisory
Performance Improvement
• Lean Manufacturing & Six Sigma Process Improvement
• Revenue Expansion
• Organizational Change & Functional Transformation
• Operating Cost Optimization
Strategic Advisory
• Capital Raise and Structure
• Financial Restructuring and Refinancing
• Risk Management
• Board Advisory
5
Our Core Service Areas
The Paladin Difference 6
Our Industry Expertise
Aerospace &
Defense
Automotive Business &
Consumer
Services
Consumer
Products
Energy &
Resources
Food &
Agribusiness
Hospitality,
Gaming &
Leisure
Life Sciences
& Healthcare
Manufacturing
& Industrials
Real Estate,
Construction &
Engineering
Retail &
Restaurants
Technology,
Media &
Telecom
Transportation
& Logistics
What Makes
Us Different
The Paladin Difference 8
We re Wha Yo Need U To Be: Abo Yo
We’re United by a Mission
to Deliver More
Paladin is committed to helping our clients preserve and grow value. To get there
requires a committed partner who is as driven to help as you are to succeed.
We bring together people from diverse backgrounds with a wide range of skills and
experiences, but who share a common desire to solve the toughest problems.
Your Mission is Our
Mission
We are committed as individuals, a team and a firm to understand what our clients are
trying to accomplish and are united in collaborating with them to fulfill their goals. We
have no internal agenda, we believe in the “right person, at the right place, at the right
time.”
Our Values Drive Us
Our Values guide how we serve our clients, how we work and succeed together as a
team, and how we grow the firm. We adhere to these values both as a collective and as
individuals.
We stand for something bigger than us.
The Paladin Difference 9
What Drives Paladin: Our Mission and Values
Our Mission
Our Values guide how we serve
our clients, how we work and
succeed together as a team,
and how we grow the firm. We
adhere to these values both
collectively and as individuals.
Paladin is committed to helping
our clients preserve and grow
value, and to building a firm that
attracts, develops, and inspires
exceptional people.
Our Values
Clients Come First
| We measure our success by our client’s success.
We are a TEAM
| We depend upon each other as valued partners
in our shared commitment to Our Mission.
Talent Centric
| We are committed to attracting, developing and
retaining exceptional professionals.
Complete Accountability
| We are accountable for our actions and our
commitments to ourselves, each other and our
clients.
Commitment to Learning
| We promote a culture of continuous learning and
development.
High Professional Standards
| We are guided by a solid moral compass. We
stand for what is just and right, and hold ourselves
to a high level of ethical and professional
standards; honor, integrity and respect.
Courage
| We believe courage is essential in achieving
superior results.
Diversity & Inclusion
| We strive for diversity and inclusion of thought,
expertise, experience and background.
Enjoy the Journey
| We have fun, enjoy the ride, and celebrate
together.
The Paladin Difference
What Sets Us Apart: Talent, Collaboration, Common Mission
Exceptional Talent
Superior results require a superior team of exceptional
individuals.
Every professional has gone through exhaustive
assessments to determine if they have “what it takes” to
be on the Paladin team.
Cost-efficient Solutions
Paladin is committed to working with clients to leverage
our resources and theirs, to minimize the total cost of a
project.
We also offer flexible fee structures linked to clients’
success.
Collaboration Over Conflict
Our expertise complements, rather than replaces,
management’s knowledge.
We believe that credible value creation and real, lasting
change can only be achieved through consensus and
respect for our clients' inhouse experience.
Fact-driven Communication
Regular information flows, rooted in fact, and open
communication channels, are essential to reducing
uncertainty.
Active feedback and real-time responses lead to effective,
timely resolutions.
Focus on Results
Our track record for delivering results in complex, high-
speed situations has been driven by prioritizing objectives,
creating flexible plans and setting achievable milestones.
Your Mission is Our Mission
We are committed as individuals, a team and a firm to
understanding what our clients are trying to accomplish.
We are united in collaborating to fulfill their goals with the
right person, at the right time, in the right place.
10
Our Team
The Paladin Difference
Select Senior Team Bios
Scott Avila
A leader in the restructuring industry, Scott has more than two decades of
experience supporting company management teams and stakeholders
through times of significant change. He has successfully led over 150 large-
scale engagements, driving change through strategic repositioning and
organizational transformation.
Andrew Feller
Andrew impresses clients with his ability to rapidly understand the
operational aspects of any business and then find solutions to resolve
systemic problems. He is particularly skilled in implementing lean operations
and optimizing logistics and supply chains to maximize value and increase
returns. Andrew provides operational due diligence and works with numerous
clients to drive operational designs, restructurings and exits.
Jennifer E Mercer
Communications are a critical factor in any crisis or restructuring, and
Paladin is proud to have one of the best in the business at the helm of our
strategic communications team. Jennifer works closely with clients’
management and other advisors to develop and execute successful
communication strategies that strengthen brands, minimize risk and
preserve reputation.
13
The Paladin Difference
Lance Miller
Lance brings unique perspective and capabilities to a wide spectrum of
cases and challenges. Having led multiple companies through the
restructuring process from both the inside, outside and in diverse capacities
and roles, Lance understands the day-to-day pressures that management
faces through distressed situations. The result is practical and solutions-
oriented advice for clients.
Peter Richter
Peter has guided numerous organizations through operational and financial
restructurings that have resulted in improved profitability through increased
revenue and reduced costs. At the same time, he has led successful sales
transactions and refinancings in the most challenging of situations.
Allen Soong
Leveraging his broad consulting experience across strategy, financial
advisory, and operational restructuring, Allen has led clients through
transitions across a variety of industries. He brings his vision, skills and
energy to solve complex challenges in collaborative partnership with clients.
Allen leads thoughtfully from the front, helping his clients confidently
navigate the restructuring process, both in and out of court.
Select Senior Team Bios
14
LOS ANGELES
633 W. 5th St, 28th Floor
Los Angeles, CA 90071
213.320.5500
NEW YORK
845 Third Ave, 6th Floor
NY, NY 10022
929.292.9500
DALLAS
5050 Quorum Dr, Suite 700
Dallas, TX 75254
469.290.9200
CHICAGO
200 South Wacker Dr, 31st Floor
Chicago, IL 60606
773.570.7500
HOUSTON
515 Post Oak Blvd, Suite 910
Houston, TX 77027
713.589.5050
Thank you
We look forward to working with you
15
Appendix:
Our Core
Service Areas
The Paladin Difference 17
Restructuring
Restructuring Advisory
Services
Paladin can help identify and analyze your options to find the right path, communicate
with your stakeholders to align them, and support you in driving the restructuring
forward, adjusting course as needed.
Liquidity Projection and
Management
We can guide you to a more refined, granular understanding of your receipts,
disbursements, and working capital balances, which will give you the forward visibility
and control you need to both complete a restructuring and plan for the future.
Bankruptcy Planning and
Management
Paladin can help you, along with your counsel, take full advantage of the protections
and remedies available under the code, while easing the administrative burden of
meeting its reporting requirements.
Interim and Crisis
Leadership
Paladin can step in to help you bridge the gap and then step out as soon as a
permanent replacement is found.
The Paladin Difference
The Paladin Difference 18
Transaction Advisory
Buy Side Diligence
Our cross-functional teams help corporate and financial buyers validate the financial,
commercial, operational and strategic premises underlying the transaction, and identify
the risks and hidden costs, increasing the chances for a successful transaction.
Business Plan Review
We also bring our considerable operating experience to bear in determining
implementation risk, assessing team readiness, and identifying the KPIs that will mark
progress against goals.
Integration Services
Every successful integration begins with an empowered and properly resourced
integration team that fully understands the transaction thesis. We not only identify and
quantify growth opportunities and synergies, but also track progress across all
initiatives from implementation through completion.
Sell Side Readiness
We can help sharpen the value proposition and flag critical diligence items in advance.
Our outside perspective and review before hiring an investment banker can help
identify and implement initiatives to maximize value and present your story in the best
possible light.
The Paladin Difference
The Paladin Difference 19
Performance Improvement
Lean Manufacturing and
Six Sigma
Our team has decades of experience employing a full range of proven tools for process
and quality improvement, including value stream mapping, lean manufacturing, and Six
Sigma analysis, across multiple industries for companies big and small.
Revenue Expansion
Over time, certain products, services, or channels can become a drag on resources. By
focusing on the highest potential growth for the lowest investment, not only can you
help the bottom line, you can also grow the top line.
Organizational Change
By working closely with your team to examine the “unwritten” roles and routines, we can
see through the org charts and process flows and illuminate how the corporate culture
empowers or encumbers people, to find what’s truly blocking you from real
transformation.
Operating Cost
Optimization
We can help you determine where and how to strike the right balance between resource
constraints and service level expectations, whether it’s fixed or variable cost alignment,
overhead rationalization, facility consolidation (or expansion), increasing labor
productivity or efficiency, or all of the above.
The Paladin Difference
The Paladin Difference
Strategic Communications
Restructuring /
Transaction
Communications
Paladin has helped hundreds of companies manage high-stakes, high-intensity financial
restructurings and bankruptcy filings with comprehensive communications programs to
educate and maintain the support of key stakeholders and minimize business
disruption.
Corporate and Financial
Communications
Drawing upon our depth of industry expertise and interdisciplinary experience, and
leveraging our broad network of relationships with key influencers, we help clients
clarify, persuade and ensure that the right message reaches the right audience at the
right time.
M&A and Litigation
Support
We create custom communications plans and develop strategies tailored to the scope
and size of a merger, divestiture, or acquisition. And in a high-stakes legal battle, we
work closely with our clients and their legal team to develop a disciplined strategy that
supports the overall objectives of the litigation.
Reputation and Crisis
Management
Working closely with management teams, as well as legal, financial and other advisors
to ensure all aspects of internal and external communications are tightly controlled as
the message is rapidly developed. Our experts quickly and quietly advise companies
through event-driven communications in the most sensitive situations.
20
The Paladin Difference 21
Portfolio Company Services
Financial Reporting and
Modeling
Management teams need robust analytical and predictive tools. We can help refine
existing tools or build new ones ranging in scope from 13-week cash flow forecasts to
multi-year financial statement models, and quantify the impact of operational and
financial initiatives to project future performance.
Internal Controls and
Compliance
Paladin has the resources to help the Internal Audit and Compliance function expand its
support of an organization, from meeting the basic requirements of internal audits or
SOX compliance to identifying best practices and new technologies to mitigating risk
associated with the most complex business issues.
Human Capital and Interim
Staffing
We can help with short-term or medium-term placements of highly effective, diverse
talent, ready to handle any business need and, when the time comes, hand off the
baton seamlessly. We can cover positions from back office accounting, operations, and
the C-Suite.
Post-Acquisition Advisory
Once a theoretical integration plan has been developed, practical implementation
issues will prove critical in determining how quickly the benefits of the integration can
be realized. Paladin can and has managed these initiative successfully and on many
acquisitions and mergers.
The Paladin Difference
The Paladin Difference 22
Strategic Advisory
Capital Raise and Structure
Over two decades the Paladin team has built and maintained a large and active network
of financing sources for equity, debt and every imaginable instrument in between. We
can help identify and source the right solution across a range of both traditional and
non-traditional lenders, private equity, alternative asset managers and family offices.
Financial Restructuring
and Refinancing
We can help right-size the balance sheet to properly support a business if its
performance falls short of planned growth objectives. It may need to realign its capital
structure via an out-of-court refinancing, financial restructuring, or recapitalization.
Risk Management
Some business risks require a legal perspective. When you look ahead and sense
potential trouble, but you don't have the right in-house expertise, let us help you assess
those risks and come up with a proper response.
Board Advisory
In its governance role, the Board bears ultimate accountability to its shareholders.
When situations arise, a third-party perspective can help a Board ensure that it meets
its obligations to stakeholders and protect itself from being second-guessed when
making critical decisions.
The Paladin Difference

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The Paladin Difference: Expert Advisory for Lasting Results

  • 2. The Paladin Difference | About Us | What Makes Us Different | Our Team | Contact Us | Appendix: Core Service Areas 2
  • 4. The Paladin Difference Paladin is a middle-market advisory firm driving value creation through financial and operational consulting services. Our team of expert consultants, from a range of disciplines, unites with our clients to deliver tailored solutions that yield tangible and lasting results. 4 Your Mission is Our Mission
  • 5. The Paladin Difference Restructuring • Restructuring Advisory Services • Liquidity Projection and Management • Bankruptcy Planning and Management • Interim & Crisis Leadership Strategic Communications • Restructuring and Transactions • Corporate and Financial • M&A and Litigation Support • Reputation and Crisis Management Transaction Advisory • Buy Side Diligence • Business Plan Review • Integration Services • Sell-Side Readiness Portfolio Company Services • Financial Reporting and Modeling • Internal Controls and Compliance • Human Capital and Interim Staffing Solutions • Post-Acquisition Advisory Performance Improvement • Lean Manufacturing & Six Sigma Process Improvement • Revenue Expansion • Organizational Change & Functional Transformation • Operating Cost Optimization Strategic Advisory • Capital Raise and Structure • Financial Restructuring and Refinancing • Risk Management • Board Advisory 5 Our Core Service Areas
  • 6. The Paladin Difference 6 Our Industry Expertise Aerospace & Defense Automotive Business & Consumer Services Consumer Products Energy & Resources Food & Agribusiness Hospitality, Gaming & Leisure Life Sciences & Healthcare Manufacturing & Industrials Real Estate, Construction & Engineering Retail & Restaurants Technology, Media & Telecom Transportation & Logistics
  • 8. The Paladin Difference 8 We re Wha Yo Need U To Be: Abo Yo We’re United by a Mission to Deliver More Paladin is committed to helping our clients preserve and grow value. To get there requires a committed partner who is as driven to help as you are to succeed. We bring together people from diverse backgrounds with a wide range of skills and experiences, but who share a common desire to solve the toughest problems. Your Mission is Our Mission We are committed as individuals, a team and a firm to understand what our clients are trying to accomplish and are united in collaborating with them to fulfill their goals. We have no internal agenda, we believe in the “right person, at the right place, at the right time.” Our Values Drive Us Our Values guide how we serve our clients, how we work and succeed together as a team, and how we grow the firm. We adhere to these values both as a collective and as individuals. We stand for something bigger than us.
  • 9. The Paladin Difference 9 What Drives Paladin: Our Mission and Values Our Mission Our Values guide how we serve our clients, how we work and succeed together as a team, and how we grow the firm. We adhere to these values both collectively and as individuals. Paladin is committed to helping our clients preserve and grow value, and to building a firm that attracts, develops, and inspires exceptional people. Our Values Clients Come First | We measure our success by our client’s success. We are a TEAM | We depend upon each other as valued partners in our shared commitment to Our Mission. Talent Centric | We are committed to attracting, developing and retaining exceptional professionals. Complete Accountability | We are accountable for our actions and our commitments to ourselves, each other and our clients. Commitment to Learning | We promote a culture of continuous learning and development. High Professional Standards | We are guided by a solid moral compass. We stand for what is just and right, and hold ourselves to a high level of ethical and professional standards; honor, integrity and respect. Courage | We believe courage is essential in achieving superior results. Diversity & Inclusion | We strive for diversity and inclusion of thought, expertise, experience and background. Enjoy the Journey | We have fun, enjoy the ride, and celebrate together.
  • 10. The Paladin Difference What Sets Us Apart: Talent, Collaboration, Common Mission Exceptional Talent Superior results require a superior team of exceptional individuals. Every professional has gone through exhaustive assessments to determine if they have “what it takes” to be on the Paladin team. Cost-efficient Solutions Paladin is committed to working with clients to leverage our resources and theirs, to minimize the total cost of a project. We also offer flexible fee structures linked to clients’ success. Collaboration Over Conflict Our expertise complements, rather than replaces, management’s knowledge. We believe that credible value creation and real, lasting change can only be achieved through consensus and respect for our clients' inhouse experience. Fact-driven Communication Regular information flows, rooted in fact, and open communication channels, are essential to reducing uncertainty. Active feedback and real-time responses lead to effective, timely resolutions. Focus on Results Our track record for delivering results in complex, high- speed situations has been driven by prioritizing objectives, creating flexible plans and setting achievable milestones. Your Mission is Our Mission We are committed as individuals, a team and a firm to understanding what our clients are trying to accomplish. We are united in collaborating to fulfill their goals with the right person, at the right time, in the right place. 10
  • 12. The Paladin Difference Select Senior Team Bios Scott Avila A leader in the restructuring industry, Scott has more than two decades of experience supporting company management teams and stakeholders through times of significant change. He has successfully led over 150 large- scale engagements, driving change through strategic repositioning and organizational transformation. Andrew Feller Andrew impresses clients with his ability to rapidly understand the operational aspects of any business and then find solutions to resolve systemic problems. He is particularly skilled in implementing lean operations and optimizing logistics and supply chains to maximize value and increase returns. Andrew provides operational due diligence and works with numerous clients to drive operational designs, restructurings and exits. Jennifer E Mercer Communications are a critical factor in any crisis or restructuring, and Paladin is proud to have one of the best in the business at the helm of our strategic communications team. Jennifer works closely with clients’ management and other advisors to develop and execute successful communication strategies that strengthen brands, minimize risk and preserve reputation. 13
  • 13. The Paladin Difference Lance Miller Lance brings unique perspective and capabilities to a wide spectrum of cases and challenges. Having led multiple companies through the restructuring process from both the inside, outside and in diverse capacities and roles, Lance understands the day-to-day pressures that management faces through distressed situations. The result is practical and solutions- oriented advice for clients. Peter Richter Peter has guided numerous organizations through operational and financial restructurings that have resulted in improved profitability through increased revenue and reduced costs. At the same time, he has led successful sales transactions and refinancings in the most challenging of situations. Allen Soong Leveraging his broad consulting experience across strategy, financial advisory, and operational restructuring, Allen has led clients through transitions across a variety of industries. He brings his vision, skills and energy to solve complex challenges in collaborative partnership with clients. Allen leads thoughtfully from the front, helping his clients confidently navigate the restructuring process, both in and out of court. Select Senior Team Bios 14
  • 14. LOS ANGELES 633 W. 5th St, 28th Floor Los Angeles, CA 90071 213.320.5500 NEW YORK 845 Third Ave, 6th Floor NY, NY 10022 929.292.9500 DALLAS 5050 Quorum Dr, Suite 700 Dallas, TX 75254 469.290.9200 CHICAGO 200 South Wacker Dr, 31st Floor Chicago, IL 60606 773.570.7500 HOUSTON 515 Post Oak Blvd, Suite 910 Houston, TX 77027 713.589.5050 Thank you We look forward to working with you 15
  • 16. The Paladin Difference 17 Restructuring Restructuring Advisory Services Paladin can help identify and analyze your options to find the right path, communicate with your stakeholders to align them, and support you in driving the restructuring forward, adjusting course as needed. Liquidity Projection and Management We can guide you to a more refined, granular understanding of your receipts, disbursements, and working capital balances, which will give you the forward visibility and control you need to both complete a restructuring and plan for the future. Bankruptcy Planning and Management Paladin can help you, along with your counsel, take full advantage of the protections and remedies available under the code, while easing the administrative burden of meeting its reporting requirements. Interim and Crisis Leadership Paladin can step in to help you bridge the gap and then step out as soon as a permanent replacement is found. The Paladin Difference
  • 17. The Paladin Difference 18 Transaction Advisory Buy Side Diligence Our cross-functional teams help corporate and financial buyers validate the financial, commercial, operational and strategic premises underlying the transaction, and identify the risks and hidden costs, increasing the chances for a successful transaction. Business Plan Review We also bring our considerable operating experience to bear in determining implementation risk, assessing team readiness, and identifying the KPIs that will mark progress against goals. Integration Services Every successful integration begins with an empowered and properly resourced integration team that fully understands the transaction thesis. We not only identify and quantify growth opportunities and synergies, but also track progress across all initiatives from implementation through completion. Sell Side Readiness We can help sharpen the value proposition and flag critical diligence items in advance. Our outside perspective and review before hiring an investment banker can help identify and implement initiatives to maximize value and present your story in the best possible light. The Paladin Difference
  • 18. The Paladin Difference 19 Performance Improvement Lean Manufacturing and Six Sigma Our team has decades of experience employing a full range of proven tools for process and quality improvement, including value stream mapping, lean manufacturing, and Six Sigma analysis, across multiple industries for companies big and small. Revenue Expansion Over time, certain products, services, or channels can become a drag on resources. By focusing on the highest potential growth for the lowest investment, not only can you help the bottom line, you can also grow the top line. Organizational Change By working closely with your team to examine the “unwritten” roles and routines, we can see through the org charts and process flows and illuminate how the corporate culture empowers or encumbers people, to find what’s truly blocking you from real transformation. Operating Cost Optimization We can help you determine where and how to strike the right balance between resource constraints and service level expectations, whether it’s fixed or variable cost alignment, overhead rationalization, facility consolidation (or expansion), increasing labor productivity or efficiency, or all of the above. The Paladin Difference
  • 19. The Paladin Difference Strategic Communications Restructuring / Transaction Communications Paladin has helped hundreds of companies manage high-stakes, high-intensity financial restructurings and bankruptcy filings with comprehensive communications programs to educate and maintain the support of key stakeholders and minimize business disruption. Corporate and Financial Communications Drawing upon our depth of industry expertise and interdisciplinary experience, and leveraging our broad network of relationships with key influencers, we help clients clarify, persuade and ensure that the right message reaches the right audience at the right time. M&A and Litigation Support We create custom communications plans and develop strategies tailored to the scope and size of a merger, divestiture, or acquisition. And in a high-stakes legal battle, we work closely with our clients and their legal team to develop a disciplined strategy that supports the overall objectives of the litigation. Reputation and Crisis Management Working closely with management teams, as well as legal, financial and other advisors to ensure all aspects of internal and external communications are tightly controlled as the message is rapidly developed. Our experts quickly and quietly advise companies through event-driven communications in the most sensitive situations. 20
  • 20. The Paladin Difference 21 Portfolio Company Services Financial Reporting and Modeling Management teams need robust analytical and predictive tools. We can help refine existing tools or build new ones ranging in scope from 13-week cash flow forecasts to multi-year financial statement models, and quantify the impact of operational and financial initiatives to project future performance. Internal Controls and Compliance Paladin has the resources to help the Internal Audit and Compliance function expand its support of an organization, from meeting the basic requirements of internal audits or SOX compliance to identifying best practices and new technologies to mitigating risk associated with the most complex business issues. Human Capital and Interim Staffing We can help with short-term or medium-term placements of highly effective, diverse talent, ready to handle any business need and, when the time comes, hand off the baton seamlessly. We can cover positions from back office accounting, operations, and the C-Suite. Post-Acquisition Advisory Once a theoretical integration plan has been developed, practical implementation issues will prove critical in determining how quickly the benefits of the integration can be realized. Paladin can and has managed these initiative successfully and on many acquisitions and mergers. The Paladin Difference
  • 21. The Paladin Difference 22 Strategic Advisory Capital Raise and Structure Over two decades the Paladin team has built and maintained a large and active network of financing sources for equity, debt and every imaginable instrument in between. We can help identify and source the right solution across a range of both traditional and non-traditional lenders, private equity, alternative asset managers and family offices. Financial Restructuring and Refinancing We can help right-size the balance sheet to properly support a business if its performance falls short of planned growth objectives. It may need to realign its capital structure via an out-of-court refinancing, financial restructuring, or recapitalization. Risk Management Some business risks require a legal perspective. When you look ahead and sense potential trouble, but you don't have the right in-house expertise, let us help you assess those risks and come up with a proper response. Board Advisory In its governance role, the Board bears ultimate accountability to its shareholders. When situations arise, a third-party perspective can help a Board ensure that it meets its obligations to stakeholders and protect itself from being second-guessed when making critical decisions. The Paladin Difference