Turn Around
Company B owned a plant which has not been profitable since start-up several years earlier. Numerous managerial changes had been made over the years at the facility in order to find the right leadership. An in depth analysis of the companies financials was conducted, opportunities for improvement were identified, and strategies were submitted to the Team for implementation. A breakdown of accountability occurred within the internal management team’s implementation of the plan. Arnold was given interim management responsibility for the facility. Departmental barriers were removed, expectations were set that we all play on the same Team, and the original strategic plan was used as the basis for the beginnings of returning the Company to profitability. Through the “process” and the engagement of all the employees, the facility became profitable within a 5 month period.
Your Success Catalyst – Connecting You to Your Dreams
Popular Posts
- Navigating the Evolving Landscape of SBA Lending: Insights from the 2024 Getting The Deal Done Conference 45 views
- What should I “Start, Stop, Continue” doing? 16 views
- Does God speak through yellow birds! 9 views
- Is Lencioni’s The Five Dysfunctions of a Team outdated? 9 views
- …hope…trust…wait… 7 views
- If at first you don’t succeed, you’re in good company. 6 views
- Waste Not, Profit More: Strategies for Cost Optimization 6 views
- Recap: 12 Key Strategies for Business Growth 6 views
- The 4th “C” in Hiring 5 views
- Beyond the Initial Purchase: Leveraging Upselling and Cross-Selling for Growth 4 views
Categories
- 5 Part Profit Framework (15)
- Books (32)
- Business (184)
- Case Studies (4)
- Faith (132)
- Family (83)
- Farm 360 (5)
- Finances (19)
- Fitness (6)
- Freedom (21)
- Friends (25)
- Fun (5)
- Hearing God's Voice (58)
- Leadership (94)
- Leadership Development (67)
- Marketplace Ministry (29)
- Mentor (37)
- Personal (185)
- Speaking (7)
- Strategic Planning (57)
- Team Alignment (57)
- Teambuilding (57)
- Teens (24)
- Testimonials (10)
- TPCC (32)
- TruthAtWork (57)
- What Matters (4)
Leave a Reply