Strategic Business Transformation for Consumer Product Manufacturing Firm

BACKGROUND

OEDM Group was engaged to assist investors who had taken a stake in the client and had invested in the organization for 4-5 years. The client manufactured cameras for the entertainment industry. Revenues had been falling and key stakeholders asked OEDM to review the business and provide recommendations on how to improve the value of their performance.

APPROACH

• Reviewed the client’s entire business and aimed to provide a recommendation on how to strategically transform their business
• Developed a new business model that catered to corporate clients
• New business model helped the client assemble entire camera packages for corporate clients
• Created alignment on new strategy amongst all functional areas and built new accountabilities within the organization

RESULTS

Brought business revenue up to $25M by deploying a business model, realigning organizational structure, developing risk management process, and establishing performance metrics for the new business offerings