Business Transformation - Three Way Operational Merger
Three businesses were merged across the East European region. One of these businesses was part of a state run organization before the Soviet Union opened up its markets and borders.
Vital statistics: 600 employees and roughly $250mio in combined sales.
The merger was successfully completed in six months. During the initial, phases, employee morale and the external market place were analyzed in addition to internal processes, functions and strategy.
The design and implementation phases were carried out in such a manner as to fundamentally change the internal culture into a positive, robust and professional one. This was critical to sustainable success. Employees were for the first time incentivized and rewarded. Significant skills transfer was part of the solution.
Some of the benefits included :