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At-Risk Subsidiary Gains Corporate Approval and Decision to Expand

A subsidiary of a chemical company was at risk of being cut. The management decided to take its fate into their own hands by making a strong business case to keep it.

They hired Insigniam to facilitate the creation of a strategic context and implementation plan that would enable the organization to be world leaders in their industry. The strategic context included: attracting top global talent, an employee-generated company identity with clear practices and ways of working, setting business measures for exemplary work, and a stated business ambition to guide employees’ actions.

As a result of the strategic work and implementation planning, the company decided to keep and expand the subsidiary. They acquired another company to expand the existing subsidiary.