Business Assessment and Strategy Development for a Large Industrial Company in the Middle East
BACKGROUND & OBJECTIVE
A major industrial company in the Middle East sought to enhance its operational efficiency, evaluate its asset portfolio, and develop a comprehensive restructuring plan to optimize cost and drive long-term growth. The project aimed to assess current business performance, conduct an asset valuation, and design a multi-year strategic roadmap aligned with privatization goals. The key objective was to identify improvement areas, define strategic priorities, and implement an efficient transformation framework to modernize operations and enhance industrial competitiveness.
PROJECT APPROACH
The project was executed in multiple phases, starting with a detailed business performance assessment across all functions and departments to identify inefficiencies and areas for optimization. A privatization roadmap was developed, outlining strategic actions in coordination with government stakeholders. The project team then defined a strategic map and a balanced scorecard with key performance indicators (KPIs) linked to corporate objectives. A prioritization matrix was used to structure strategic initiatives based on ease of execution and potential impact. Finally, a restructuring office was established, tasked with implementing the transformation plan and supporting the shift to modern operational frameworks.
OUR METHODOLOGY
A combination of analytical frameworks and strategic tools was used to assess performance, benchmark productivity, and structure the transformation plan. The “5 S” Strategic Assessment Framework was deployed to systematically evaluate inefficiencies and identify actionable improvements. Productivity benchmarking methodologies were applied to compare performance against industry best practices. A privatization roadmap and strategic horizon model were developed to align restructuring efforts with long-term investment goals. Additionally, an implementation planning and monitoring framework was designed to track progress and measure success, ensuring alignment with business objectives.
THE RESULTS
The project successfully delivered a business and asset valuation assessment, which served as the foundation for a strategic restructuring plan. The restructuring approach was validated and agreed upon with senior management, ensuring alignment with corporate goals. A list of strategic initiatives was developed and prioritized based on impact and feasibility, providing a clear execution roadmap. Additionally, a Project Management Office (PMO) was established to oversee implementation and ensure structured execution of the transformation plan. The project significantly enhanced operational efficiency, cost reduction, and business alignment with privatization objectives.
