Turnaround strategy for tier one supplier

A leading tier-one supplier had failed to earn a return on its invested capital for years and committed to a comprehensive turnaround program to addresss.

Strategy& led a cross functional team in developing a global turnaround strategy. We conducted a detailed assessment of relative competitive positioning on cost and performance, assessed market trends and requirements, evaluated footprint/capabilities, and created a turnaround plan for restoring the company to profitability.