Case Studies
Corporate Reorganization for a BioTech Company Following an Acquisition
1. Situation
A BioTech Company faced a challenge in redefining their corporate organization following an acquisition. In addition, a succession in the corporate management team was planned in the next 12 months. The client aimed to create a new company structure to seize the envisioned benefits and refine the management team accountabilities to address this situation.
2. Approach
The first step in our approach involved defining the strategic requirements for the future organization, which led to the creation of design criteria for the redefined structure. We then analyzed the current organization and carried out a management survey that served as an organizational health check across key organizational dimensions.
Next, we embarked on the development of the target organizational structure blueprint on the holding level as well as the subsidiary business units. We created various scenarios for the organizational structure and evaluated them, specifically looking at the potential for increased synergies between business fields. As part of the corporate succession planning, we clarified the future involvement of shareholders in strategic development and corporate management, which involved considering potential roles in advisory boards.
Lastly, we defined actions for organizational optimization, ensuring the newly restructured organization would function with increased efficiency and effectiveness.
3. Results
The reorganization resulted in a target organization with a clearly defined structure for both the headquarters and various business fields. We developed a detailed implementation plan for the next 12 months, outlining the necessary steps to transition to the new structure and unlock its full potential.
The restructured organization facilitated the successful integration of the newly acquired company, aligning business processes and fostering a unified corporate culture. This alignment resulted in cost savings and increased overall productivity.
In the aftermath of the restructuring, the company reported enhanced collaboration and synergy between different business fields, leading to increased operational efficiency and streamlined decision-making.
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