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One of the major players in the European furniture market decided to restructure after identifying a huge untapped potential for synergy. It was operating as a holding company with subsidiaries working independently. Inter-company and consolidation process costs were high while a lack of data integration affected the quality of information available.

Voorne partners was asked to help design a organisation that consolidated activities into fewer, market-aligned subsidiaries while offering an overarching control structure that allowed for integrated European management.

The result: a new trading model that drastically reduces the complexity of inter-company and consolidation processes. A new steering model reflected the European approach. The reporting processes were redefined to allow Europe-wide reporting on the basis of business units instead of legal entities. The redesign included the financial control framework and performance control matrix. Voorne Partners also made a significant contribution to the organisational redesign necessary to support these changes.