What’s the Secret to Turnaround Success? These Seven Nordic Companies Have the Answers
Summary
Large-cap Nordic companies in the top quartile of performance achieved an impressive average total shareholder return (TSR) of 41% during the five-year period ending in December 2016.“These remarkable results have powerful implications for any companies that are currently struggling to grow their revenues or sustain profitability,” says Mikko Nieminen, a BCG partner and coauthor of the report.After a near brush with bankruptcy, this Danish beer maker parlayed a strategic acquisition into a corporate repositioning that enabled it to grow rapidly and expand into new markets.In 2007, when the 318-year-old Swedish company hit a slump, leaders embarked on a sweeping reorganization that included making major improvements in manufacturing, sourcing, and the supply chain.We partner with clients from the private, public, and not-for-profit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises.