CATEGORIES: Case Study, Cost Reductions, Electronics, Productivity / Throughput
Electronics Company Redefines its Performance Culture After Spinoff
The Challenge
The client had a desire to create their own identity by establishing a vibrant, performance based culture. However, with customer satisfaction at 99%, the challenge of getting the organization to see the need for change would not be easy. Client recognized that one of the challenges would be helping their tenured workforce to understand their role in driving a step change in performance.
About the Client
The client is a global, diversified electrical products platform that became independent company after being spun out of
a billion dollar publicly traded company.
Financial Results Snapshot
DB&A Guarantee
- Proposed Project Cost: $1,298,000
- Guaranteed Savings Rate: $2,900,000
- Guaranteed ROI: 2.3:1
DB&A Delivered
- Actual Project Cost: $1,298,000
- Annualized Savings Rate: $5,600,000
- ROI: 4.3:1
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