Achieving the ambitions
Achieving the ambition and delivering on the value creation potential together with Altor generally includes three key phases: detailing the value creation roadmap, ensuring that the right resources and skills are in place and executing the plan.
Defining the value creation road map
Immediately after completing an investment, Altor and the management team revisit and agree upon the strategic agenda and the detailed operating targets for the company’s development.
The detailed roadmap is developed during a focused and intensive 100 day project. The project starts by collecting sufficient facts to establish an integrated and common perspective on competitive position, current performance and future opportunities. A key tool to identify such opportunities is a comprehensive benchmarking analysis against world class companies. Thereafter, the program clarifies and prioritizes strategic initiatives within revenue growth, cost and capital effectiveness. A detailed implementation plan sets the schedule for the next five years.
Ensuring that right resources and skills are in place
After having agreed on the detailed road map, Altor provides ongoing support to the management team via frequent informal interactions as well as in their capacity as board members. In addition, we appoint external board members with appropriate industrial backgrounds and situation-specific experiences that match our high ambitions. When needed, Altor can also support the management team with identifying specific resources that can be added to the management team in order to complement its existing skills and experience base.
Executing the plan
Successful execution of an ambitious value creation plan requires full commitment from the portfolio company management team and Altor pledges to be an equally committed owner and give the company its full support in this phase.