Strategy / Turnaround: Case Examples

How does the customer benefit?

In hopeless situations that may have lasted for years a turnaround to the better can be achieved and your business rescued.

Case 1:

M. Vavrecka was tasked with a turnaround of a site into profitability. After the implementation of the operational excellence tools (management by objectives, targeted continuous improvement, direct action, details please see in “Operational Excellence”), the breakeven was achieved in the first year. Later a culture change project was implemented following the latest scientific culture change concepts. In year 5 the site was 35% profitable, compared to the 40% loss before. The decisive element for the success was the focus of all activities on the target of the turnaround.

Case 2:

A mid-size company needed a turnaround of the operations of  into profitability and operational excellence. M. Vavrecka took over this task and by implementing similar operational excellence concepts as in case 1, achieved the turnaround within 6 months. Again in this case the decisive success element was the focus on the turnaround target.

Case 3:

M. Vavrecka was appointed to perform a turnaround of the production of a mid-size fine chemicals company into a CMO accepted by the pharmaceutical industry as API supplier. After implementing the pertinent QMS and the improvement concepts as in case 1, the pharma custom business grew 20% per year over the next 5 years. The change in the culture has been achieved approximately within 2 years.

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