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Business Reinvention
Client Profile
- Bar code and RFID technology company, located in Michigan
- $40M annual net revenue down from previous high $60M
- Multi-state sales and distribution
- National customer base
- Manufacturing and service facilities and capabilities
Challenges
- Steady 5 year decline in sales and profits
- FY '06 net loss $480,000
- Multiple fragmented efforts and consultants with no results
- No strategic plan for growth and prosperity
Net Gains after working with Result Global for 6 months:
- Increase sales 19%
- Reduced cost of services by $400,000
- Net income increase of $722,000
- Projected yearly earnings $850,000
- One year turnaround $1.3M
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Integrated Staffing and Retention
Client Profile
- Large, high-tech manufacturer
- Provided machining services for metals and plastics
- Clients: automotive, medical, material handling
Challenges
- Staff two key, high level positions
- Create accelerated orientation program
- Develop new leadership compensation plan
Net Gains after working with Result Global
- Saved over $80,000 of professional staffing costs
- Annual compensation packages were negotiated at lower rates
- Reduced president's workload by 50%
- Improved job ownership due to effective 30, 60, 90-day accelerated orientation program
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Employee Morale Between Union and Management
A series of fragmented business re-engineering projects caused a major morale problem between union and management, resulting in a potential for a volatile situation. Result Global used our proprietary system, Strategic and Tactical Assessment for Repositioning (STAR™) to assess employer and union needs, wants and dominate differences in 14 critical business areas that were inhibiting employee/management progress. After working with Result Global for six months the client realized the following net gains:
- Identified $11M of waste in direct costs of services
- Strategized and validated long-term training and development plan for line supervision
- Provided strategic union negotiation and bargaining points
- Developed written and prioritized corrective action plans for eight locations and corporate leadership
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