QUESTION
- A French childcare company has approached us to seek assistance in turning around their performance due to their negative profit level
RESULT
- Profit margin improved from -19% to +25%
APPROACH
- Detailed financial analysis and identification of main issues
- Review of the organisation, processes, responsibilities, and individual performance of key staff members
- Formalisation of processes for key activities such as recruitment and commercial operations
- Market analysis for a newly launched activity, including demand, key success factors, competition types and the strengths and weaknesses of market players
- Development and evaluation of scenarios to reduce the loss
- Calculation of financial objectives and development of a follow up dashboard
- Development of a new organisational structure, including identification of required skills for each position, scope of responsibility, attached KPIs and incentive system
- Development of recruitment process, incentive system and KPIs to reduce turnover
- Coaching of key staff members
- Development of an action plan and handover
CLIENT FEEDBACK
“Your support has helped us unlock the situation and set the direction for the years to come. A few years later, we are still using what you helped us set up”