Transformation Case Study: Business Restructuring
Challenge
- A business unit struggling to gain momentum following major “back office/operational” and “front office/customer” reengineering projects
- Many new processes established at great consulting cost but were fragmented and inefficient
Outcome Achieved
- Annual revenues increased $16 million
- $7 million operating productivity was achieved
- Current assets were reduced, and fixed asset utilization was improved
Engagement
- A single, integrated (Front office and back office) approach architected and implemented
- Consistent work processes from offering development to cash receipt designed and integrated across all locations
- Aligned, cascaded goals, process-based management, rigorous KPI measurement, and lean/six sigma continuous improvement implemented
- Training developed and delivered to the management and operating teams to sustain the initial improvements
Why the Solution Enterprises Team?
- Experienced Principals able to translate large company experience to smaller companies
- Problems identified quickly and proven solutions evaluated thoroughly
- Sustained improvement always the primary objective
- Managing Principal structured and implemented the engagement and executed the solution beyond the initial improvements