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