ADVENIAN strengthens restructuring and efficiency improvement practice
By adding several experienced senior professionals to its restructuring and efficiency improvement practice ADVENIAN has now stepped up its ability to support companies in efficiency improvement and restructuring challenges. The visibility on volumes and prices is currently declining for many companies in process industries as well as for suppliers to automotive and industrial equipment industries. We are supporting these companies through the development of actionable contingency plans and implementation of efficiency improvement measures. We support this restructuring through an entrepreneurial, results-oriented approach which is focused on securing the targeted benefits. Frequently companies find out that 40-60 % of savings potentials that have been identified at one point of time in the beginning of a decline have not produced at all. The reason frequently is that planned personnel cost reductions have not been implementable, or that assumptions of the initial plan do not fit any more to reality. In the ADVENIAN entrepreneurial and results-focused restructuring approach, we design our work with the customer teams from the outset in order to manage the risk of fading savings by working continuously on additional opportunities to protect or restore profits over the implementation of the program.