Organizing for Growth in the Chemical Industry
Key Organizational Challenges in the Industry
- While strategic issues impacting this sector have been analyzed at length, designing and implementing the right organization remains the key lever to both enable and achieve sustainable growth.
- Major multinationals need to overcome the organizational challenges associated with:
- Migrating from being a product- to solution- and service-provider,
- Achieving the right power and resource distribution between business lines, regions, and the corporate center,
- Designing alternative organizational models to address new growth opportunities,
- Putting in place the right organizational and management models in emerging countries
- Implementing customer-oriented processes,
- Tailoring customer-interaction models and channels,
- Developing a growth-nurturing culture,
- Preparing for the future while delivering short-term results.
Oliver Wyman is currently conducting a study to further understand, qualify and quantify the required organizational levers and how they impact the long-term sustainable growth prospects within the chemicals and materials industries.
In partnership with ICIS, we issued a recent survey to a panel of more than 400 chemical executives. The findings reveal some of the organizational factors within companies that can lead to higher than average growth.
Download the article, which provides a preliminary view of recent growth results within the sector, and take part in the broader study.
Partner team: Laurent Thomas, Joachim Krotz, Jerome Weill, Manuel Gonzalez.
Marketing manager: Jérémie Dufoix