Value creation for industrials in Europe 2024

In this episode of TRANSFORMENTORS®, Dr Gunnar Binnewies of Fortlane Partners and Hans Jürgen Bort, a long-standing HR manager and former HR Director Europe at Modine, discuss a topic that is often overlooked in many restructuring processes – yet is crucial to a company’s long-term success: Why sustainable transformation goes far beyond staff cuts and cost reductions. When markets come under pressure, orders dry up and companies are forced to cut costs, management teams face a crucial question: How can the organisation be streamlined without jeopardising its future viability? What skills will be needed tomorrow? And how can a company become more efficient with fewer resources? This episode demonstrates why successful restructuring does not end with job cuts, but begins with a clear vision for the future of the business model, processes, leadership and skills. This episode demonstrates why successful restructuring does not end with job cuts, but begins with a clear vision for the future of the business model, processes, leadership and skills. The focus is on shared practical experiences from the automotive and supplier industries, strategic competence management, AI-supported skills analyses, process optimisation and the role of HR as a driver of business performance. It also covers the correct approach to works councils, the responsibilities of managers and surprising parallels between military leadership and business transformation. Open, nuanced and offering concrete insights drawn from over 30 years of leadership experience. An essential discussion for managing directors, HR managers, consultants and executives who view restructuring not merely as a cost-cutting measure, but as an opportunity to position companies for a sustainable future.