from Cathedral in Charters

Comprehensive Restructuring and 'Cost-out' Project in France

Industry & Scope :

• Product, project & service business for Fire Safety & Building Automation in France, i.e. the respective local division of a globally active technology group.
  

Role / Function :

• Ensured - in a Consulting Role - the timely and successful implementation of a rectructuring and 'cost-out' project, taking over this role from a top-tier consulting company.
  

Business Context :

• A comprehensive restructuring and 'cost-out' project
  with 20 subprojects to improve the top-line and the profitability with the support of a top-tier consulting company had been prepared.

• The implementation of these measures did not proceed as expected.

Actions :

• Creating a transparency of the dependencies of the various actions and an intensivied communication with all branch offices to improve the local 'buy-in'.
• Tight management of the program office and support team. Further development of  improvement actions, as well as adamantly driving the implementation of all the actions.
• After stabilizing the project, the remaining tasks were handed over from the program office to the local management team.
  

Outcome :

• A positive acceptance and support of the program by the local organization.
• The implementation well under way, and having already achieved higher savings than originally planned.