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StabiliSation and handover

Installation company

Stabilisation and handover

CONTEXT

Family-owned installations company struggling with growing pains, market pressure and changes in management. At the same time the owner is preparing to handover the business to the next generation.

Een groep jonge professionals werkt samen aan een tafel in een moderne, rustieke kantooromgeving. Ze gebruiken laptops en hoofdtelefoons, wat samenwerking en creativiteit weerspiegelt.

SCOPE

To analyse the issues in the organisation and implement measures to stabilize the operations and minimize the financial risk. At the same the management team had to be supported and some of the managers had to be coached.

APPROACH

  • Interim member of the management team involved in daily operations and reporting to the owners.
  • First phase focus on critical projects and financial risks (e.g. outstanding debtors).
  • Second phase focus on structural measures and supporting the next generation of owners taking up their responsibilities.
Op de close-up foto is een grafiek te zien op een stuk papier met het opschrift 'Live Ramp'. De grafiek toont een stijgende lijn, wat groei of vooruitgang suggereert.

Results

  • Improved liquidity and reduced financial risk.
  • Long standing issues solved, i.e. projects fully delivered and paid.
  • Implemented KPI’s and weekly management report.
  • Implemented transition plan.
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