CASE STUDY // Water Technology Company
Interim CEO
How can we stabilize and turn our company's performance around?
Situation
A water technology company was facing significant challenges in its market, including organizational roadblocks, difficulty with its revenue and cost structure, declining channel dynamics, and company culture complexity. Despite its 15-year history, a major turnaround was necessary to recoup the business.
Solution
The Holism Group began the engagement by proposing a new strategic vision, new digital-first business model, new R&D and product development model and process, and strategic partnership approach. To achieve what was essentially an overhaul, the company enlisted The Holism Group Founder, Brad Rendle, to act as Interim CEO to implement these challenging yet vital initiatives.
Ultimately, the changes were successfully put into place, stabilizing the company. Additionally, Brad managed recruitment of a change team, development of the digital platform, and facilitated the CEO role transition.
Reception
Board Member, Global Water Technology Company
“We initially engaged Brad Rendle to assess the company’s leadership, strategy and organization. Brad’s direct and insightful assessment resulted in the board contracting him as Interim CEO to implement his recommendations to stabilize and turn the company's performance around.
The organizational and market challenges were significant. Through his leadership, the company was able to restructure... He concurrently developed a vision, new business model, and plan to refocus and grow the company through a digital-based global delivery and product development future.
Brad’s consultative and leadership style guided the company through one of the most challenging periods of its 15-year history. It was a complex challenge and Brad was more than capable in meeting it.”
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