Led sustainable transformation of cost structure
Situation:
An Oil & Gas services company was struggling to turn a profit and requested assistance in reducing costs.
Actions:
- Developed strategy deployment process (SDP); chartered and launched 16 projects
- Established project planning and rapid escalation tools
- Designed financial scorecards and processes to measure and monitor project impact
- Established foundation for internal continuous improvement culture through the development of an operational excellence strategy, organizational structure, and recruitment standards
- Developed internal client capability for cost reduction through customized Operational Excellence training
- Designed and facilitated virtual problem solving and planning workshops with a global audience
Results: Staffed, trained, and deployed internal Operational Excellence team. Installed strategy deployment process to achieve and track $96MM in cost benefits, $51.5MM in revenue growth, and $15MM improvement in working capital.
