The newly acquired business unit in Phoenix, USA, needed to be integrated into the Group, requiring a significant strategic and operational overhaul. The existing setup lacked essential resources, structured processes, and key functional roles necessary for growth and efficient operations.
Action:
Phase 1: Initial Setup and Analysis - Process Analysis and Correction:
-Examined and established processes in finance and operations.
-Conducted market analysis and business case simulations
-Evaluated necessary investments
Phase 2: Strategic Planning and Implementation
-Developed a comprehensive 5-year business plan.
-Standardized product parts to ensure consistency and cost-effectiveness.
-Expanded market reach to Europe and Asia.
Result:
Growth in Staff and Market Reach:
-Increased from 20 to 90 FTEs in production and supporting functions.
-Achieved a business volume exceeding $20 million globally.
Operational Efficiency and Financial Management:
-Established budget, analysis, and reporting frameworks to support informed business decisions.
-Optimized OWC and cash flow forecasts.
Market and Risk Management:
-Regular analysis of market conditions, opportunities, and threats.
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Posted Nov 9, 2024
Orchestrated financial planning and forecasting, resulting in a 60% YoY
revenue growth. Led initiatives to streamline business processes, enhance
transparency,