Measure Management

Case Study „Measure Management“

Situation

  • Earnings crisis of a large engineering group
  • Stagnant market

Solution

  • Implementation of a comprehensive restructuring programme involving personnel and other expenses reduction measures
  • Setup of a project management office (PMO) and project controlling including standard software
  • Definition of standard processes and "Golden Rules"
  • Preparation of stakeholder reporting

Result

  • Significant earnings improvement
  • Successful refinancing

About the client

  • Leading group in special engineering with revenues of > €1bn and > 5,000 employees