Performance Improvement
Underperformance is a major concern, even for efficient companies when faced with sluggish divisions or subsidiaries. NewBridge is frequently hired to rebuild momentum and drive change, through the delegation of an on-site manager or a project team.
Time and money are the essence of these assignments: Can you achieve in 6 months what is assessed in-house as an 18-month project?
Performance Improvement is a core practice for NewBridge, which requires hands-on supervision and intense focus on ongoing results. Main areas are typically: sanitizing working capital, revamping purchasing-sourcing, enhancing supply-chain efficiency, boosting industrial productivity, outsourcing functions, accelerating ERP deployment, realigning greenfield or development projects, implementing quality programs, etc.
Where NewBridge adds value:
- State–of-the-art managerial qualification processes
- Sharp reactivity and responsiveness allowing fast engagement
- Elaborate roadmaps and action plans, constructed and shared with clients
- Mission KPIs clearly linked to the internal budgeting process
- Close and constant three-way communication: client/manager/NewBridge.
The current environment encourages both corporate clients and private equity houses to speed up change and accelerate value creation. NewBridge has accumulated a wealth of experience to assist them in meeting this pressing challenge.
Example of an operational performance improvement mission from our business cases section: a critical ERP deployment rescue