Industrial Products & Capital Goods
Formulating Strategic Themes to Maximise India's Potential
Client Challenge
The India subsidiary of a global manufacturing company, headquartered in Sweden and specializing in bearings and seals for industrial and automotive applications, sought to present strategic themes at their Global Leadership Meet on May 26th, 2023. The objective was to develop a thematic approach for ‘Strategizing India,’ focusing on manufacturing, capability enhancement, shared services, and the establishment of a Center of Excellence (CoE). The goal was to capture the attention of the global leadership team with high-level strategic themes without delving deeply into each one.
Our Approach
Universal Consulting collaborated closely with the client’s India team to understand their global vision, strategic objectives, and internal capabilities. Through dialogues with key stakeholders and industry experts, UC explored potential avenues for ‘Re-imagining rotation with India.’ This approach yielded four strategic themes, each with specific recommendations.
Overview of the Strategic Themes and Directions
- Re-Imagining Manufacturing
- Strategic Direction: Positioning India as the Global Manufacturing Hub for:
- Housings & Units
- Wind Gearbox Business
- Small & Medium Rollers (SRB, TRB, CRB)
- Small and Medium Bearings (TRB, CRB)
- Strategic Direction: Positioning India as the Global Manufacturing Hub for:
- Re-Imagining Technology
- Strategic Direction: Expanding India’s Technology and Engineering Centre to lead innovation in:
- Global Product Development
- Global Sales Support
- Global R&D Centre
- Global Excellence
- Global Analytics
- Start-up Acceleration Program
- Strategic Direction: Expanding India’s Technology and Engineering Centre to lead innovation in:
- Re-Imagining People Experience
- Strategic Direction: Establishing a Global People Experience Hub in India for:
- Global Leadership & Innovation Centre
- Global Consulting, Talent & Organizational Performance
- Global Shared Transactional Services Centre
- Strategic Direction: Establishing a Global People Experience Hub in India for:
- Re-Imagining Global Business
- Strategic Direction: Creating a Global Business Services Hub to lead services in:
- Global Analytics Hub
- End-to-End Global Master Data Management
- Strategic Direction: Creating a Global Business Services Hub to lead services in:
Results
UC helped the client create the final presentation deck for the global meeting. This presentation included the strategic themes for ‘Re-imagining rotation with India,’ supported by compelling arguments, data points, and relevant case studies.