It Pays to Plan

Corporate Reorganization Turns a Profit

Following a corporate reorganization, a regional executive of a financial services company was under pressure to achieve profitability goals for five business lines now reporting to him.

He called on Flynn Heath Holt to help him develop a plan, communicate it and execute it.

Flynn Heath Holt recommended bringing together leaders from the five business lines so they could collaborate on how they could work together. The 30 executives needed just 45 days to create innovative approaches to cross-selling customers and integrating lines to cut expenses.

Impact

Within 12 months after the plan’s execution, the region exceeded goals for cost efficiency and revenue growth.