1st Executive Blog

Interim Management case study - Business Turnover 2

Written by Andrew Thoseby | Aug 13, 2024 2:45:05 AM

INTRODUCTION

Interim Management Case Study Business Turnaround: This case study unveils the indispensable role of interim management in propelling a nascent dental clinic to new market heights. The impact of seasoned expertise, 25 years of transformative leadership experience and strategic guidance offered by IXPA’s Czechoslovakian partner AVILO paid dividends

 

COMPANY SCENARIO

The owner of a private holding company envisioned a thriving dental clinic in Prague. Faced with the challenge of establishing a strong presence in a competitive market, the need for strategic expertise was clear.

 

BUSINESS Challenge

Causes of Problems

Facing low liquidity, mounting liabilities, and a lack of medical assets renewal, the clinic was on the brink of collapse. Staff turnover and a severe shortage of health care professionals further exacerbated the crisis. The clinic lacked a cohesive strategy and sustainable development goals.

 

SOLUTION

In a swift two months, AVILO’s appointed Interim CEO orchestrated a transformative five-year strategy, encompassing detailed action plans. From corporate setup to resource acquisition and talent recruitment, every facet was meticulously planned.

 

OUTCOMES

results

Within three months, the clinic boasted operational efficient dental offices, a robust team, and strategic contracts with insurance providers. Professional stock management and a targeted marketing campaign was designed to attract new patients. In just six months, the clinic welcomed its inaugural clients, setting the stage for a strong first year and a seamless hand over to the holding company.

 

"1stly, Interim Managers Transform"

 

NEXT STEPS

To understand the value that Interim Managers can bring to your organisation globally call Andrew on +61 438 074 774 or email athoseby@1stexecutive.com.au

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