Positioning a Major Spinoff for Success

Positioning a Major Spinoff for Success 2018-10-03T14:45:15+00:00

Project Description

Client: A Global Security Technologies Provider

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The Context

A global climate and environmental solutions provider planned to spin off their security technologies business to a stand-alone, $2B company. Timing for execution was aggressive, and internal resources to manage the change were limited. The goal was to position the new organization for success on day one, ensuring executive leaders were well-aligned, and employees were informed about the changes and engaged around the new values, strategy, culture, structure, processes, and systems. Our client leveraged BPI group’s expertise as a trusted partner to address: change management and communications, CEO assimilation and executive coaching, team effectiveness for the executive leaders, and organizational culture definition.

Our Approach

BPI group facilitated sessions with the new CEO and executive leadership team to effectively onboard the new CEO. This included:

  • Executive Coaching: Provided executive coaching to CEO, serving as a trusted, strategic advisor
  • Executive Team Effectiveness: Facilitated team effectiveness sessions with the CEO and executive leadership team to enhance performance and build alignment
  • Culture Alignment: Conducted workshop with executive leadership team to define the desired culture in support of the new company’s values and strategy; also identified enablers and barriers to organization effectiveness. Worked with HR leader to create plans to engage employees around the new culture
  • Change Management & Communications: Partnered closely with the PMO and all functional and regional leaders to identify and prioritize global changes. Created and executed change plans, including strategic communications and engagement activities. Deliverables included employee memos, FAQs, Change Champions Network, online portal for spinoff information, and a Team Transformation Toolkit for HR to lead change across functions/regions

The Results

All major spinoff changes were identified and addressed proactively. Robust plans to manage change were executed effectively and efficiently, and major communications were streamlined, consistent, and compelling for target audiences. The CEO and executive leaders were well-aligned and positioned to work together to drive the new strategy and run the new organization. Employees were engaged and enabled to perform their roles and use key systems and processes in the new environment from day one.

Ultimately, a strong foundation for a dynamic new culture was created, with strong leadership buy-in and ownership. BPI group built a long-standing advisory relationship with executive leaders and the HR team.

Our Expertise

Change Management & Communications, Culture Alignment, New Leader Assimilation, Executive Coaching, Executive Team Effectiveness