The Client:
Our client, a large local organisation with a long history and many long serving employees, had recently appointed a new CEO.
The Challenge:
The organisation, though profitable, was experiencing a steady erosion of profit margins due to competition from cheaper products from low cost locations.
The CEO was given the task to enhance profitability and expand geographically.
The Solution:
Our premise:
In order to bring the transformation, we need to harness the energy of all employees and get them to believe in the future.
What we did:
Tier 1: Mapping transformation roadmap
- Helped the CEO and his direct reports articulate the desired future in terms of:
- operating targets.
- target customer profiles,geographic markets, employee experiences etc.
- Conducted a transformation workshop (using Appreciative Inquiry) to craft a clear and emotionally compelling narrative about the desired future.
Tier 2: Engaging employees
- The leadership spearheaded organisation-wide staff engagement through extensive communication and cascade workshops.
- They communicated the need for change using story-telling technique.
- The CEO shared the change roadmap with tangible milestones.
- He also highlighted behaviours and actions required to drive the desired change.
- Employees recognised existing strengths of the organisation and regained confidence to invest in the future.
Tier 3: Staying on course
- The CEO held his direct reports accountable for performance targets.
- Senior personnel who did not model the desired behaviours were encouraged to get off the bus as early as possible.
The Result:
A highly visible leadership team, along with intensive employee engagement, and celebration of quick wins, paved the way towards accelerated growth.