Productivity Services: Accelerating Results for a PE-owned Life Sciences Company Through Improved Transparency and Decision-making

SITUATION

• As part of the investment case, an outside-in growth and cost savings ambition was developed by the new PE owners
• During the first year, quick wins were realized and ideas further validated but execution drive needed enhancing
• Requested to takeover program leadership from incumbent strategic consultancy with the objective of improving transpareny on progress and to drive acceleration

SOLUTION

• Ensured alignment of manufacturing leadership team to roadmaps in order to deliver savings ambition.
• Identification of new ideas to compensate execution risks
• Established “drumbeat” of execution support for complex cross-functional programs
• In joint teams, drove execution with the client and support in enhancement of the teams

IMPACT

• Significant improvement in transparency and content depth in STCs to drive faster execution improvement
• Robust performance in value realization in line with overall stretch ambition of business case