Preparing an Independent Business Review and a performance improvement plan

A leading independent system integrator of complex electrical and automation systems in the maritime industry struggled with lagging results and the Supervisory Board asked Beaufort to conduct an Independent Business Review and based on that prepare a performance improvement plan. By making an in-depth analysis of the existing business model (market, strategy, management and organization) and making an analysis of the financial situation Beaufort identified the root causes of the lagging results. Based on the outcome of the analysis Beaufort drafted, in cooperation with the management team, possible future scenarios (by using amongst others the MABA analysis tool) including restructuring measures and strategic options were identified and succesfully implemented.

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