The issue
A global manufacturer recognised that focusing on shareholder value creation was vital to its medium-term survival. The company wanted a training package with a strong practical business orientation, based wherever possible on workplace experiences, and with academic theory and technical finance kept to a minimum.
The action
We worked with line managers to design a tailored programme for the entire senior management population. The programme included a computerised value creation simulation, tailored and customised to reflect the company’s business, competitive environment and target-setting process. Interspersed throughout the programme, it allowed participants to practise in a competitive environment what they had just learned.
The outcome
Management teams were initially sceptical of yet another group initiative, until they attended the programme and saw how relevant, practical and focused it was. The programme drove a renewed performance culture and was supported by annual value creation awards, a regular newsletter and intranet site.