Case Study – Rexam plc
One Rexam – the holy grail.
Many people believe that success hinges on having the right strategy. Others swear it’s all in the execution. But others would say it’s a bit more elemental: It’s all about having the right conversations. But what does having the right strategic conversations mean?
Strategy Together Managing Partner Kit Jackson worked with the leadership team at global packaging manufacturer Rexam to get performance back on track and become fit for the future by spearheading a transformation of the organisation’s culture.
In just 3 years Rexam’s share price doubled, operating profit improved by 22% and ROCE increased from 9.5% to 15.5%.
The biggest win according to CEO Graham Chipchase was to see “the whole workforce pulling in the same direction. To get that level of understanding is the holy grail.”
To get the full story on how strategic conversations transformed this global organisation download the full case study.
Navigating confidently through turbulent times
Finance & Banking: Large Global Bank
We worked with the EVP of a large US bank to align their Global Relationship Management with the new corporate strategy, providing them with a framework to align the businesses to a common set of goals and a way to engage the whole organisation.
This led to a significant increase in internal customer engagement and satisfaction as well as a recognition by the bank of the increased ROI from the programme and gave the organisation and its leadership the confidence to navigate the uncertainty surrounding them.
Regionally aligned to deliver on our ambitions
FMCG: Global Brand Conglomerate
We worked with new regional president who had been challenged with aligning country, category and functional heads around a new regional strategy to leverage the strengths of the region and deliver significantly increased value from new ways of working.
This led to a regional strategy that leveraged synergies, aligned and engaged leadership, increased the efficiency and effectiveness of cross-organisational governance and accelerated the implementation of new ways of working.
What clients say
There was an immediate understanding from our ELT of what was needed to drive our strategy plan forward and the tools and techniques that Kit provided made the process much simpler than we had previously experienced. Our teams could see how their activities contributed to the success of the business and the impact of which meant that they felt engaged with our plan. Kit kept us on track which was just what we needed!”
Throughout all this, Kit has worked with great commitment and humour and has never lost sight of the ultimate objectives that we set at the start of the implementation. It has been a real pleasure working with Kit.”
Kit introduced the strategy map and BSC approach firstly to the strategy team and then to the executive team, including the CEO, and quickly overcame their initial reservations, enabling them to recognise the strong benefits of the approach.”