The newly hired CEO of a manufacturing subsidiary of a large government contractor had a business imperative to transform the business into a stand-alone private-equity owned company. The market was highly competitive and severely impacted by the global recession and political criticism.
The CEO hired Insigniam for an Enterprise-Wide Transformation of the company, beginning with Breakthrough Projects that would produce relatively immediate results. The first of these two projects were designed to deliver on existing contracts that were currently unlikely to succeed and correcting problems in existing design and production of their top of the line product.
Both of these projects delivered well-beyond their promised results. By year-end, they fulfilled the contract that had been quite off track. They also fully developed their top of the line product, which had experienced issues in design and production. The value of meeting these two unpredictable results was worth millions of dollars in both existing contracts and the opportunity of winning future ones.