Problem overview
- The Company had separated from their parent group
- The Business was not profitable and negative EVA
- Systems and process were outdated
- New structures were required in the absence of the parent group functions
- The culture required reinvigorating
The outcome
- Benefits exceeded R 1.3 billion
- The entire organization was restructured into profit centres in which each Business unit and area has control of its own activities and is able to optimize the value chain
- Enhanced throughput, profits and productivity
- Increased impetus for the organization’s strategic objectives
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