Oil & Gas - Services: Case Study 6

Background

Successful UK based Oil & Gas technology business with core market in the North Sea. Ageing senior management team and shareholder group retained all company knowledge but had no business strategy or succession plan to address future change. Significant gap in age and competence in the company as well as increased business risk and diminished longer term sustainability, exit value and retirement opportunity.

Our Approach

  • Facilitated shareholder and management workshops to understand current business and practices
  • Utilised SWOT analysis to provide input to business strategy development
  • Created a project managed structure to plan for the future, including: succession planning, communication, recruitment and potential share restructuring

The Benefits to the Client

  • Defined company purpose, vision, values and strategies for use in internal and external communication
  • Installed business sustainability and management continuity
  • Introduced management systems to address planned and unplanned change
  • Introduced staff development channels and succession opportunities
  • Provided a business strategy to be used as a structure for future projects and strategic growth areas
  • Improved efficiencies in internal processes
  • Added value to the business
  • Increased future options available for the business (e.g. potential disposal)

The Plus Factor in Action

  • We helped our client make money by adding value to the business by providing a business strategy to be used as a structure for future projects and strategic growth areas
  • We saved our client time by improving efficiencies in internal processes
  • We gave our client peace of mind by introducing management systems to address planned and unplanned change
  • We supported them now and in the future by creating a project managed structure to plan for the future including succession planning, communication, recruitment and potential share restructuring
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Key Contact

John Black
Partner

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+44 1224 625111

Our Plus Factor

Our Plus Factor

Our Global Reach

Our Global Reach