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Tata Strategic worked with a joint client team to identify business opportunities and estimate resident capabilities in the client organisation. Several brainstorming sessions were conducted with the client’s senior management to explore business adjacencies for revenue growth and generate ideas for cost reduction. The business case for each short-listed idea was evaluated and a business plan incorporating the most promising prospects prepared. A corporate restructuring plan integrating right-sizing, investment plans for profitable businesses and closure/sale of unprofitable ones was prepared. A medium-term implementation plan with periodic review milestones and enablers, and a tracking mechanism to monitor progress against plans were also put in place.

The client has achieved substantial performance improvement in the recent past and is on the path to recovery.