Case Studies
At Leonidas Consulting, our consultant's expertise transforms businesses through strategic planning, leadership development, and effective governance. Our case studies highlight how we help clients overcome challenges, enhance profitability, and achieve sustainable growth. Discover how our expertise can drive your business success.
From Struggle to Success: A Strategic Turnaround
The Challenge A multi-generational design firm was facing significant challenges that hindered its growth and profitability. For over decade, the company experienced fluctuating profitability, often struggling to maintain positive financial performance. It had unprofitable service lines, lack of accountability, and inconsistent business processes. Management was out of touch with market changes, and there was no strategic growth plan, leading to inefficiencies, poor financial performance, and employee turnover.
The Solution To turn things around, the company implemented a comprehensive strategic plan. This plan focused on enhancing market share in its key markets, growing profitability of service lines, establishing accountability for revenue and profitability, and promoting open discussions on profit. Formal project management training programs and a mentoring program were introduced to support employee performance and career development. Additionally, standardized business processes were developed, and a performance-based bonus structure was introduced to motivate employees and reinforce success. Independent outside board directors were engaged to raise management accountability for results.
The Results The results were transformative. The company's profitability soared and reached an impressive level of Net Operating Income. The company successfully mentored managers, developed a collaborative management structure, developed and transitioned the company to new leadership, and consistently provided performance-based compensation. Employee engagement and productivity increased, and the company grew staff members by 30%. The company is now well-positioned for future growth and success, showcasing the power of developing strategy, planning and effective governance implementation.
Enhancing Leadership Through Governance
The Challenge A successful privately held educational organization sought to expand and devised a strategic growth plan. However, its resources were stretched thin, and its governance and operating procedures were not adequately equipped to support this growth. The leadership, accustomed to managing a smaller organization needed to adapt and gain a better understanding of the governance and structure required to scale effectively. This adaptation was crucial for the organization to achieve and manage growth successfully while minimizing risks along the way.
The Solution To address the issues, a solution involved developing a comprehensive board handbook that provided an overview of the board's purpose, roles, responsibilities, general operating procedures, and expectations. This handbook also served as a valuable resource for orienting new board members. Additionally, policies, procedures, and templates were created for board use to ensure consistency in operations and clarity in communication. Organizational policies were also developed to better manage risk around operations, ensuring legal compliance and ethical behavior.
The Results The proposed solutions have laid a strong foundation for the organization, providing a robust platform to build stronger governance and leadership. The development of the board handbook, along with the establishment of consistent policies and procedures, serves to enhance clarity, communication, and risk management. As the organization continues to progress, these tools will be instrumental in fostering ongoing growth and ensuring effective governance. This ongoing progression highlights the importance of having a solid framework in place to support the organization's long-term objectives.