Growth through the development of new products/markets
Turnaround Business Programs:
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•Selection of areas for growth (turnover and profitability) in medium/short term (new products/services/markets)
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•Business policy review (profitability of products and distribution channels, price levels/discounts, portfolio optimization of product/brands, geographical priorities)
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•Business costs and overheads reduction (centralization of corporate functions, outsourcing and factual analysis on structural efficiency)
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•Industrial restructuring (existing capacity saturation, relocation and outsourcing decisions for finished products/components)
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•Supply base evaluation (number/localization of suppliers) and assessment of negotiating and control processes
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•Organization streamlining (offices, subsidiaries, support structures)
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•Business plans development with sustainable investments levels
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•Tight management control routines with frequent reporting to Senior Management
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•Turnaround program with clear economic objectives and implementation timetable, with tight reporting from management to the Board of directors
