Our client faced a number of challenges including loss making business units, an inefficient governance and operating model due to decentralisation, silo culture, inefficient processes and topline pressure due to stagnating markets.
Using a Fit for Growth approach, we created a focused plan with clear objectives agreed with the client. We designed a new governance and operating model that enabled the client to streamline the structure of the company, reducing spans and layers for faster decision making and heightened accountability. We defined a new shared services concept to pool resources across units and agreed a new functional agenda across organisation levels and entities.
The new simplified structure and process enabled the organisation to become a focussed and high-performing industrial company with greatly improved client proximity. Performance increased across the entire organisation with a reduction in costs of 12% and reduction in necessary resources of 20%.