Building a strategy in an unfamiliar sector
Domain:Strategy
Question:How do you set a ten-year direction when the sector, the technology, the regulation and the value chain are all new to you?
Cases:Soleil Metals (OCIM Group) and the ten-year strategic plan for DOMO Chemicals' Nylon 6 business.
Result produced in class:A strategic diagnostic and a ten-year roadmap, in no more than ten pages.
Value-based pricing and commercial excellence
Domain:Organic and acquisitive growth
Question:Where is margin lost between list price and realised price, and how can it be recovered without losing the customer?
Cases:Clariant, in polymer additives and speciality waxes, and Solutia, now Ascend Performance Materials, in polyamide 66.
Result produced in class:A pricing model and a customer profitability analysis, in a spreadsheet.
The economics of distribution channels
Domain:Organic and acquisitive growth
Question:Selling direct or through a distributor, who creates the value, who captures it, and at what cost?
Cases:Aceto, Nexeo Solutions and Palmarole.
Result produced in class:A value chain analysis by channel and the recommended channel architecture.
Acquisitions and divestments, from the buyer's and the seller's side
Domain:Organic and acquisitive growth
Question:What makes a good acquisition and a successful sale, and where is value lost between letter of intent and integration?
Cases:DOMO Chemicals' acquisition of Solvay's polyamide 66 business, the target search for Michelin and the sale of Bosc & Izarn.
Result produced in class:A deal thesis, a due diligence plan and an integration plan.
Turning round EBITDA and working capital
Domain:Transformation
Question:Where does the profitability gap come from, and which levers close it fastest without hurting cash?
Cases:Clariant, Nexeo Solutions and Unnox Group.
Result produced in class:An EBITDA bridge and a working capital diagnostic.
The first 100 days of an interim executive
Domain:Transformation
Question:What should you do, and avoid, in the first 100 days of taking charge during a leadership vacancy or after a change of ownership?
Cases:Bosc & Izarn and Palmarole.
Result produced in class:A first 100 days plan.
From laboratory to plant
Domain:Innovation
Question:When does a technology become a profitable business, and what must be proven before investing in industrialisation?
Cases:RB Process and DOMO Chemicals.
Result produced in class:An industrialisation business case.