| |
An Aerospace & Defense Firm
Breaks the Solutions Barrier
To compete in a new era of consolidated
government contracting, a leading-edge aerospace
and defense firm needed to grow its people-
and knowledge-intensive business very rapidly.
After a remarkable half-dozen successful
mergers, the company had reorganized into
three coherent business units. But when
these three units needed to collaborate
to compete on integrated solution bids,
the business faced a challenge: the divisions
simply were not aligned to sell and deliver
solutions effectively as one company.
TruePoint’s Strategic
Fitness Process helped the company’s
CEO and leaders of its three divisions uncover
the underlying, unrecognized barriers to
company-wide collaboration around strategic
contract opportunities. Thorny issues emerged
around turf ownership, leadership, and balancing
high demands with fair rewards. Engaging
a representative cross-section of the entire
company, the SFP’s honest conversations
enabled the organization to address these
differences fairly and to define a common
game that all three divisions could play
together, when required, while still having
the managerial freedom to capture and deliver
on appropriate business opportunities at
the divisional level.
Down through the ranks, increased alignment
and commitment jump-started higher performance.
In less than one year, the company raised
margins, accelerated its organic growth
rate from 10% to 17%, and doubled the share
price.
|
|