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