Healthcare
Select one of the case studies below:
Healthcare – €40m turnover
Change Director
Business Issue
With the investment at mid term, the Chairman was concerned that the strategy required amendment. Originally planned synergies of three trading divisions had been revised and the decision taken to separate each into stand alone entities. In order to optimise value in each, a review of divisional activities was required with the aim of making each more effective.
AshtonPenney Interim Solution
After detailed briefing with both the Chairman, CEO and the Private Equity representative a short list of two candidates was presented. Both had significant experience of the healthcare services sector and the business environment from which the business had originally been bought out.
Both candidates were met by all board members and one selected.
During the assignment to date our Interim Executive has:
- Established strong working relationships with the senior management of each entity
- Gained the confidence of colleagues thereby enabling productive and non threatening reviews of past performance and future business prospects
- Put together a revised strategy to maximise potential in each division
- Achieved consensus on the aims and detail of the revised strategy
- Worked with the Group Finance and Commercial Directors on implementation methodology
- Successfully liaised and negotiated with key customers regarding the envisaged effects of this structural change
- Prepared one division for immediate disposal and is currently fully engaged in this sale process
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