A business unit within a global chemical company was losing millions of dollars each month. The operations needed a breakthrough to turn the business around.
During a three-day work session, Insigniam’s leadership development consultants empowered the team to produce the necessary breakthrough. The work sessions and follow-up coaching elevated performance; the team began to think innovatively rather than from a mode of survival.
Within six months, they reduced inventory from 119 days to 78 days. Insigniam’s management consultants worked with the team to create financial structures to accurately report the financial health of the business. The reporting structures ensured sustainable change.