Following a retirement, contracted by a leading UK safety and environmental technology group at one of its companies, to manage the business whilst reviewing its operations and to recommend a future strategy. Proposals were implemented in 5 months following acceptance by the main plc
board.
The strategy involved restructuring the company into two separate businesses and merging one of them with another group company, in the same markets, by moving that part of the operation from London to Manchester. 25 redundancies including 3 senior managers were successfully negotiated.
The benefits realised were the formation of two new focused companies with motivated workforces, £650k cost savings p.a. and sale of the site in London for £1.6m. This was at a total cost of £250k paid for in the year whilst still maintaining the same overall profit
as the prior year.