Title
Description

    Establishing cooperation and developing alternative business models

    Project goals

    • Establishing functioning cooperation between multiple companies and developing synergy
    • Developing alternative business models that enable players to escape price wars and set themselves apart
    • Compensating for the weaknesses of smaller companies

    Approach

    • Selecting suitable companies
    • Establishing trust among the six companies
    • Conducting a total of six workshops with the goal of reaching a common understanding of the industry, market situation, strengths, weaknesses, opportunities, threats, and business model.
    • Developing ideas for cooperation and alternative business models
    • Conducting a Golden Circle workshop 
    • Further defining alternative business ideas and developing an action plan

    Results

    • Founding a higher-level company
    • Shorter delivery times and faster response times due to parallel operations and taking on larger projects
    • Bundling expertise—it is now possible to offer complete process chains and differentiating services for new customers and larger volumes
    • Optimized capacity utilization of expensive production equipment, resulting in improved competitiveness
    • Cost savings of up to 40% for purchasing standard parts at larger volumes with greater negotiating power
    • Establishing a nationwide service network with short distances to customers by distributing companies throughout Germany
    • Greater reliability for customers while maintaining the flexibility and speed of the individual companies