Audio ARTICLE
OF THE MONTH
Stranova Interviews Carol Sanford
Carol Sanford's MP3 interview on an Innovative Approach to Strategic Planning.
  |
|
|
Case Studies
Client: Dupont Canada, 6 plants
Situation: In the face of a stubbornly lingering recession, Dupont, along with many other companies worldwide, was struggling to find the combination of restructuring and right-sizing that could lift them out of the economic doldrums.
Nature of Intervention: InterOctave resources worked with Dupont Senior Management and cross-functional teams to launch a comprehensive, whole system, improvement effort. A goal was set for a return on equity in the upper quartile of all Canadian companies.
Results: DuPont Canada enjoyed upper quartile equity returns for seven years straight while using our human and business systems technology to improve productivity by 62% - the highest any company had achieved in Canada. (During this time DOC won the Canadian Government’s Gold Medal for productivity improvement)
-
The DuPont Canada plants maintained the lowest total delivered product cost in the industry, worldwide.
-
Their product tested out at over thirteen times the reliability of their best competitor’s product.
-
All of their businesses were running at a cost level a minimum of 15 to 20% below the best of their competition.
-
Other Noteworthy Outcomes: As a result of the developmental process, DOC set a new Canadian industrial safety record of 23 million man hours (over 4 years) without a lost time injury.
Bottom Line: During a time of economic unrest, DuPont Canada ’s six plants were continuously sold out – both commodity and specialty products. They maintained the best margin position and lowest total delivered product cost of all their competitors worldwide. They increased productivity by 62%, the highest of any company in Canada.
|
