Case Study

Supporting the transformation of a group owned by an investment fund

Take on the role of Chief Transformation Officer for the plan's duration.
Supporting the transformation of a group owned by an investment fund
About

The investment fund mandated McKinsey to conduct a transformation plan for one of its portfolio companies.

This three-year plan aims to double the group's EBITDA by activating a series of levers and strategic initiatives across a range of functions: sales and COMAN, innovation, operations, supply chain and other support functions.

The group is looking for a Chief Transformation Officer, integrated into the COMEX, to lead the plan and manage all interactions with McKinsey.

Services
Year

2020/2024

Client

European Agrifood Group

Turnover

400 Millions €

Company Size

2 000 employees

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Project objectives

Hand in Hand was solicited to take on the role of Chief Transformation Officer for the plan's duration.

Phase 1

IDP (Ideation Planning Phase)

In the IDP, objectives are established by functional area.
Phase 2

BUP (Bottom Up Phase)

In the bottom up phase, a plan is built by operational teams per stream. The plan is validated at different stages.
Phase 3

Implementation Phase

In the implementation phase, the effective implementation of action plans and measurement of value creation are monitored in real-time.
Results

Chairing all monitoring committees by functional area, on a weekly basis,

Supporting and challenging teams, including sales, COMAN, Innovation and Operations teams,

Proceeding with monthly financial reconciliation of P&L impacts of initiatives delivered over time,

Member of the EXCO and active participation in the strategic orientations and decisions of the group.

Hand in hand partners

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