Execution Case Study: Start-Up and Profit Sustainability
Challenge
- Recently formed joint venture start-up was stagnating in a high growth market
- Tens of millions of dollars of new investments needed in order to realize the tremendous potential originally envisioned
- The Owners needed to renew the faith in the ability of management to execute before approving the needed investments
Outcome Achieved
- Owners approved a doubling of the investment base, which was executed by the new management team
- Profits tripled and return on equity doubled to over 30%
Engagement
- Management Team revamped and rebuilt
- Execution strategy redefined
- Core employees reinvigorated
- New organization successful in capturing the majority of the market growth, outperforming all competitors
Why the Solution Enterprises Team?
- Principal took over business unit and built up the new management team
- Critical experience and ability to work across multiple cultures to achieve results
- Right skill sets and tools were used to over-deliver on expectations
- New management team continued to achieve results beyond the departure of the Principal
- Owners faith restored and subsequent larger, successful investments followed