Transformation & turnaround
For executive teams and boards of chemical and petrochemical businesses whose portfolio, organisation or assets are underperforming.
- Service
Redesign of a business to a defined performance target: portfolio choices, organisation and operating model, asset footprint and the turnaround plan for the assets that stay. I design it and I stay through implementation.
- Design basis
Eight to sixteen weeks. Baseline and diagnostic, options with a quantified business case for each, a recommendation to the board, then a programme office through the first phase of delivery.
- Deliverables
- Performance baseline and value-gap analysis by business and asset
- Portfolio and organisation options with financials (DCF, EBITDA bridge)
- Board recommendation and decision paper
- Implementation plan, PMO set-up and change-management approach
- Reference cases
Corporate strategy of a global polymers producer designed to deliver an additional $3 bn EBITDA, with the reorganisation from product-push to market-pull. European turnaround: €450 m improvement, two asset closures. PMO lead for two global transformation programmes (2015 and 2017-18).