Business Process Improvement and Training Case Study in a Biotech company
Problem: Acquisition of a company and improving business processes post asset mergers. A Canadian Biotech company was in talks to acquire a sick company and wanted to evaluate merit of such an acquisition. In case the acquisition went through, then re-organization of the product portfolio would also be necessary.
Due Diligence: Due diligence of the sick company’s records, sites, R&D pipeline , patents, regulatory status, machinery, product portfolio, product stability trends etc. were conducted. Audit report, recommendations and execution strategies were forwarded to the sponsor company. Employees from parent and acquired organizations needed training to make working flow smooth and productive.
Solution: A core team was built, to carry out the steps proposed in my report.
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Keywords and Tags:
#ContinuousImprovement #BusinessProcessImprovement #ProcessImprovement #MergersandAcquisitions #BusinessTransformation