Realign operating structures with new business model

CONTEXT

• Company is a French subsidiary (sales €120m) of a car manufacturer, in the process of switching from pure manufacturing to a service based business model.

OBJECTIVES

• To increase performances while managing business switch and transformation of activities

TASKS

• Set-up of an organization fitting the new proposition (services)
• Downsizing of indirect staff
• Pooling of IT software (3-D)
• Non-renewal or renegotiation of unprofitable agreements
• Valuation of real estate assets

OUTCOME

• Plan accepted by creditors of the holding company
• Subsidiary operational and ready for sale, in 6 months