Objective
RHM, a long established 'traditional' British business with its roots in flour making and bread baking was acquired by a private equity firm. A new senior management team was introduced with the objective of transforming a collection of independently operating food companies into a centrally co-ordinated and managed group. A re-listing on the London Stock Exchange was also a strong possibility.
With a significant change programme in place, the organisation's head office function was about to grow significantly. Controls and procedures were reviewed and where necessary new systems implemented. Management information needed improvement in quality and timeliness. Extra resource was required to meet the tight deadlines that the business had set itself.
Interim Managers
Archer Mathieson was tasked over the next 18 months with identifying a number of interim managers with previous knowledge and experience of companies preparing for IPO, Process Change and Systems Improvement. These interims were introduced both at the Head Office and in a number of the operating companies throughout the Group. RHM successfully floated on the London Stock Exchange in July 2005.
Duration
6 - 18 months