We believe that the quality of questions and conversations within a business are directly correlated with it’s success.We create “safe-spaces” with teams or individuals and work with them to unlock and inspire better conversations. The results are transformational!
Engineered for growth: value creation through financial leadership
FTSE250 listed engineering conglomerate Smiths has a diverse exposure to markets including medical devices, petrochemicals and security and threat detection. It has been seen by some City analysts as a target for dismantling because of its composition from disparate businesses which some felt enjoyed little crossover. Attempts by the then CEO to offload units were thwarted by factors such as a large pensions deficit, asbestos litigation proceedings, the global financial crisis and government spending cuts in defence and healthcare.
The share had been hit by a number of downgrades and with weaker than expected full-year earnings announced in September the share was off nearly 30% year to date. The CEO revealed, that in addition to forex headwinds and the continuing “challenging trading conditions”, the company “had signed up to a number of contracts that, with the benefit of hindsight, we were foolish to have signed up to”.
It is within this context that we were asked to facilitate a 3 day programme for the top 50 finance leaders globally, a first for the function. The programme followed our bespoke Pathways To BetterBusiness™ process.See the results
Where next?Meet the team