Bosch’s Transformation Journey: Centralizing Finance for Greater Efficiency

Bosch

Bosch embarked on a bold initiative to standardize and centralize their finance processes by establishing shared services centers. The aim was to move at least 60% of all transactions into these centers, streamlining operations and boosting efficiency.

Challenge

The organization faced a complex transformation, shifting from a local structure to a centralized model. The challenge was not only logistical but also cultural, as it required significant changes in mindset and operations across the company.

Key Elements

The approach was to ensure a smooth transition, Bosch needed to support their teams through this major change with minimal disruption. The solution was to design a tailored program that would guide individuals through the transformation process.

Key elements of this strategy included:

  • Training Change Agents and Leaders: Empowering local change agents and leaders to take full responsibility for driving the transition.
  • Educating Internal Clients: Providing comprehensive education to internal stakeholders, ensuring they understood and embraced the new way of working.
Goals

Bosch embarked on a bold initiative to standardize and centralize their finance processes by establishing shared services centers. The ambitious goal was to move at least 60% of all transactions into these centers, streamlining operations and boosting efficiency.

Claudia Balack

Project leader Change Management

The approaches were unique and convincing from the moment the contract was awarded. The effectiveness of the methods used can also be seen in the fact that the people involved still have very positive memories of the project to this day, which is exceptional for a project of this kind. If you are looking for a partner who puts people at the center and uses methods that challenge those involved and make real change possible, then you are in good hands with Stucki.

Bernard Reber

Seminar Leader

Simulations allow leaders to test and learn in a safe environment, leading to long lasting.

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