Strategy Case Study: Growth Platform Creation
Challenge
- Marketing team of a highly profitable niche business unit unable to get senior business management to support expansions
- Underlying market experiencing double digit growth rates
- Profitability of this business segment also double digit growth
- Senior business management embarking on an overall growth strategy but viewed the perceived risks of this business as too large
Outcome Achieved
- Transformed niche business into one of just four, and the newest, growth platform of this company
- Doubled revenues of the $200 million business through an acquisition five times larger and several years sooner than originally envisioned
- Acquisition provided continued and substantial profitable growth further through bolt-on acquisitions in the highly fragmented market
Engagement
- Addressed obstacles one-by-one through market research and due diligence
- Identified expansion vehicle with maximum effect and minimum risk
- Prepared and presented case to the business senior management to gain approval to proceed
Why the Solution Enterprises Team?
- Principal led the effort to identify risk as a key issue and addressed it
- Approval process satisfied all constituents
- Decades of small and large company experience was instrumental in revealing true objections and obtaining answers
- Follow-on work executed beyond the initial engagement completion