KPIs and sparring create transparency
Value enhancement | Sparring/Coaching
Development of measures for transparent corporate management
Due to personnel changes and bottlenecks in resources, business developments had become confusing over the years. Internal communication and exchange on business development suffered and there was a lack of transparency. In order to make important processes for management decisions clear again, the company was faced with the necessity to realign its monthly reporting. The owners with strong technological product know-how were represented in the management. Especially against the background of an increasingly tense earnings and liquidity situation, they wanted an economic sparring partner, especially for the interpretation of the monthly results and the derivation of measures.
Solution & result
Development of a new focused and automated monthly reporting as well as essential KPIs. Introduction of a forecast process and cost centre reporting and first-time implementation of an integrated 3-year corporate planning. Regular presentation and joint discussion of the business results and the strategic development of the company during the monthly management meetings. Business sparring also in preparation for bank appointments as well as definition and implementation of the strategy.
Gain transparency about the current course of business, impact of management decisions and strategic measures, secure medium and long-term financing requirements, return to a successful growth course in conjunction with an increase in profitability.
"We have the good feeling to be masters of the situation and the development of the company again."
More Case Studies
IMPLEMENTATION OF AN ADVISORY BOARD OF ENTREPRENEURS/MANAGERS FROM THE VALETIS NETWORK | Entrepreneurs and managers are often “lonely tops” in the double sense of the word, open feedback is rare, the discussion partners are usually not independent or too far away from the complex problems of everyday professional life.
RECONCILIATION OF CONTROL IN PLANT CONTROLLING | There was great uncertainty within the company as to whether the various IT systems and modules still accurately depict the business processes and provide reliable figures for controlling the company – especially with regard to massive, unexplained deviations between planned and actual figures.