CASE STUDY: Construction Company

 Click Here to view this case study in pdf format

Company
A well-established, $100 million Michigan construction company

Challenges
CEO transition from daily and active role to reduced workload and eventually retire. Ensure business objectives and personal goals were attained during transition

Solution
Define ownership’s vision and goals; profile leadership skills, talent, authority and responsibility. Assess clients, market, past performance and existing conditions. Create core leadership team “road map” consisting of key performance requirements, incentives, accountability scorecards and reporting process.

Objectives

• Create an objective transition process with timeline to protect sales, earnings and market presence
• Expand sales, profitability, asset value and customer base
• Ensure peak performance for new leadership team, to support growth goals

Benefits

• Successful transition of new CEO and leadership team
• Protected clients, key employees and company assets during transition
• Expanded sales by $200 million within five years
• Increased market presence from local to national