IndustrialCo needed to develop an organization that supported its ability to respond to changing market conditions. Bain worked with the CEO and senior managers to tackle three major changes: creating a simplified, more transparent organization, providing clear roles and accountability, and fostering companywide cooperation.
These changes would lead to faster, better decisions, resulting in stronger sales and reduced costs.
To achieve this, we led a three-step organizational review:
Conduct a thorough diagnostic of the organization's strengths and what was holding them back.
Redesign and simplify the structure, while also clarifying decision roles for critical decisions (using our RAPID® tool).
Align other elements of the organization, such as processes, measures and incentives to support new ways of working.