Growth, Diversification and Transformation
Challenge
Even before the COVID-19 pandemic, the world has consistently demonstrated that it can, and will, change. Mega trends such as globalization, climate change, digitalization and demographic change bring both opportunities and risks. It is clear that only the most adaptable businesses will survive in the long term. As a result, the management teams of family businesses are now facing the challenge of having to implement growth, diversification and transformation at the same time, in addition to managing ongoing daily business demands.
Concept
My modular concept enables family businesses to develop tailor-made strategies for growth, diversification and transformation, integrate them into one strategic program and implement them sustainably.
THE FOUNDATION
Status Quo Analysis
The first step is the view from the outside. The focus is on strategy, processes and your team. You will receive a detailed assessment of your company.
Processes and Potentials
Accompanying your team impartially in their day-to-day operations provides understanding of how and why processes are organized the way they are today. The key is to watch, listen and truly understand. Once the processes are mapped with a professional process modelling software, they are discussed with your employees and verified by them. The subsequent analysis identifies your best practices as well as potential for optimization. The mapped process landscape can also be used as a requirements sheet to evaluate the benefit of relevant software products for your company. In this way, it forms the foundation for future digitalization of the processes.
In addition to external sources, the knowledge and experience of your employees are of central importance for achieving sound results and profound recommendations in the course of the strategic analysis. This valuable input is achieved through ongoing dialogue with your team.
THE REALIGNMENT
Growth, Diversification and Transformation
Now that we have got to know each other properly, you are best prepared to decide whether I will support you in the next step: strategy development based on the findings of the Status Quo Analysis and subsequent implementation. This goes hand-in-hand with the simultaneous transformation of your company towards a digital process organization that holds a strong competence in agile project management.
Strategy Roadmap
The compass of the strategic realignment is provided by a clear vision and mission that we jointly develop as a first step. Based on this, we design a strategy roadmap that outlines the direction for the coming years. This includes the creation of growth strategies for each of your business areas, the identification of new markets and customer segments as well as the development of market entry strategies. We also give innovation a central place in our roadmap.
Since the strategic analysis is now part of the day-to-day business, the defined strategies can be adapted quickly, if necessary.
Culture and System
In order to ensure that the newly developed strategies are implemented sustainably and your company is truly positioned as fit for the future, the corporate culture and structure must be transformed. Specifically, this requires the establishment of a dynamic organizational system that is aligned towards continuous adaptation and that is practiced and further cultivated by the entire team. The basis of this system is a digital process organization with a strong competence in agile project management. Its sustainability is ensured by an integrated quality management system, which places emphasis on risk, knowledge and data management and enables continuous improvement. It meets the requirements of ISO9001:2015.
The driving force behind this dynamic organizational system is a corporate culture which, in addition to proven values and standards, includes adaptability and the pursuit of quality leadership at its core. This culture will be developed throughout the strategic realignment phase. The trust established during the preceding Status Quo Analysis serves as a solid foundation.
Agile Project Management
In order to be able to implement both the strategy roadmap and business transformation simultaneously, all related projects are merged into one strategic program. This program is organized through a central Project Management Office and the use of agile project management methods. The implementation takes place from within - your entire team is involved. In this way, your employees learn to apply agile working methods and develop a strong identification with the entire strategic realignment initiative. As a result of the agile project management, the leadership team is continuously involved in the implementation and retains full visibility over progress, while only required to commit a minimum of their valuable time.
Additional Services
Long-term, strategic Sparring Partner
Special Advisor
Advisory Board
Support in Succession Process:
Preparation for succession within the family
Preparation for management by non-family members
Sale (total sale, sale of shares, MBI/MBO)
Ad hoc Project Management:
Crisis management
Digitization projects