People
Priming Growth – Power Of Teams
- Fortune 500 Indian Chemical Company
- Footprint : Manufacturing in India and large exports
- Target Group : Entire Organization comprising Leadership, Supervisory and Non-supervisory team
- Stagnant growth with low profitability and low focus on new product development
- Manpower cost more than 10% of the revenues
- Highly entrenched functional silos hampering growth and innovation
- Very little transparency and collaboration across functions
- Revisited Vision, Mission and Values & Behaviors to help redefine growth
- Business restructuring
- Team initiatives
- Communication campaign
- Profitability improved significantly in the following year
- Manpower Cost came down below 7% of the Revenue
- Employee Satisfaction Survey showed definite uptrend in terms of motivation and engagement levels
