Creating the Foundation for Market-Oriented Growth
Context and Challenge
This catalyst manufacturer and part of a major chemical group was in the midst of a series of strategic changes
Originally created from a business plucked from different business units, the business was now being given more independence
Now being asked to take a more entrepreneurial, market-focused approach
A key success factor would be to bring a higher level of predictability to the business
The business and its management needed to rapidly learn new skills and align a disparate business behind a new common vision for the future
The company knew that it needed a way forward that would truly be owned by its people
Approach
Evolve first agreed with the leadership team, a series of common, stretching business goals, and the necessary discrete outcomes that would have to be achieved
Worked with the leadership team to communicate these goals to the organization at-large
Engaged key members of the organization to develop both buy-in, a program structure and area-specific goals
Areas of focus were around sales, market & customer segmentation, supply chain and new product development and introduction
By year end, the business had delivered on both its revenue and profit targets for the first time