Caribbean Airlines/change management & business restructuring
Client company & industry sector
British West Indies Airlines/Caribbean Airlines, Airline Sector
Scope of the assignment
When resurrecting BWIA West Indies Airlines (BWIA) in early-2006 became impossible due in large part to the inability to resolve disputes with the unions over new collective bargaining agreements, the Government of the Republic of Trinidad and Tobago (GORTT) had a decision to make. The decision was then either to close BWIA, and eliminate the well loved flag carrier which was costing the taxpayer millions of U.S.$ to support each year Or was it possible to provide safe, reliable, convenient, sustainable and cost efficient airlift for the citizens of Trinidad and Tobago, and the rest of the Caribbean? With the help of Catalise plc, BWIA and its Board, and the GORTT were to find the guidance and support required to understand their options, and to develop and implement operational plans designed to produce a profitable and sustainable airline.
Caribbean Airlines (CAL) was created from the heritage of BWIA, and a mere 4 months from drawing board to runway, took flight on 1 January 2007, much to the delight of its 1,150 staff, and also to the amazement of all of those who had more than a few doubts that it would happen. Under the leadership of Peter Davies, CEO of the former BWIA, and then CEO of the newly created CAL, Catalise plc were chosen as Davies’s change implementation partner. Previous similar successful partnerships between Davies and Catalise had convinced him that Catalise was the company to deliver not only the multi-project programme of investments required to produce a profitable and sustainable airline, but to also deliver success in terms of essential cultural transformation.
From swimming in a sea of red ink - to breakeven - to soaring profitability, all in a matter of 24 months seemed like an impossible task, particularly in an unstable global airline industry, and the extremely dynamic Caribbean marketplace. But this is what CAL’s management, with the assistance of Catalise, promised the GORTT. Davies and the GORTT expected a multi-million U.S.$ return on their consulting investment, and that is exactly what they have received. And the new culture for CAL means that “customer satisfaction and increasing brand value has become everyone’s business”, And CAL, under Davies’s leadership, means to continue as it has begun.
Description of deliverables
- Initial operational diagnostic and financial assessment
- Preparation of BWIA Restructuring Plan (Operational Business Plan) to support the financial recapitalisation, Union negotiations and operational recovery of the existing operations.
- Findings and Recommendations Report following Union negotiations on new collective agreement terms and consideration
- BWIA Restructuring Report – Strategy and Recommendation; which assessed the strategic options following the union impasse and recommended a course of action with supporting Business Plan to achieve GORTT objective
- Development and implementation of Closure Plan for BWIA, including implementation of Voluntary Separation for 1800 employees
- Creation and delivery of Transition Plan from BWIA to CAL so as to continue seamless airlift after 1 January 2007
- Development and implementation of Programme of 180+ projects designed to improve the operational and financial efficiency, through a combination of internal business process improvement and outsource solutions, managed through Catalise’s portfolio management approach
- Cultural transformation to promote brand value by individual acceptance and accountability for achieving strategic objectives through enhanced customer products and services
- Recruitment and contracting of 1,150 CAL staff and 25 world-class executive managers within 3 months
- Re-skilling of CAL staff to equip the company for the future
Interim development and management of CAL’s Human Resource department
Approach used
Catalise have defined a unique approach to sustainable business change investments which can be employed on all sizeable initiatives. Through the seamless interaction of finance, programme management and human resource professionals, Catalise can identify, articulate and implement the spectrum of deliverables to underpin sustainable change. Catalise employ professionals for each specific discipline in addition to generic management consultancy skills to provide expertise depth leveraged with client operational knowledge.
Catalise use a structured and systematic approach to the management of discreet investments [projects]. Underpinning our approach is the concept that significant investment should not be committed until the balance between investment risks and "investor" confidence has been established.
Phase Description
Concept Design:
Through a short sharp intervention, Concept Design rapidly establishes a common understanding of the Why (problem definition), what (vision), How (plan) and Who (players and impacted parties) of the proposed investment. Feasibility Study: A relatively short exercise to establish whether the vision defined is viable in the current organisation. This study provides a high level investment assessment from a design and financial point of view.
Capability Assessment:
Business transformations can place a great strain on an organisation. The capability assessment tests the organisations capacity for this specific investment in context of all other work going on. In addition, the core competences and skills required to bring about the change are assessed.
Investment & Implementation plan:
A complete and detailed design of the programme including any Process, Organisational, HR and Technology aspects. This allows full and accurate cost / benefit analysis to be concluded (circa 90-95% accuracy) leading to sound investment decisions. By the conclusion of the Investment Planning phase, the organisation will have committed no more than 5% of the total expected investment but will have achieved the balance between risk and confidence to make the appropriate investment decision.
Implementation:
Each implementation project will be unique depending on the nature of the investment. This is the phase where the main body of investment is committed. The Catalise approach to implementation is highly focused on early delivery of benefits and total transparency of progress through structured stage, phase, programme and portfolio level reporting.
Post Implementation Review: Investment implementation programmes conclude long before the benefits are fully realised. Working with Catalise, the organisation will realise the full return on strategic investments through a continuous and staged management of the investment post implementation.
Working in true partnership with the client meant that Catalise was keen to enter into a risk/reward performance scheme with BWIA/CAL, the objectives of which were to:
- Demonstrate confidence in specified outcomes and/or delivery criteria by putting Catalise’s based fee at risk
- Share in the risk of delivery of specified outcomes and/or delivery criteria
- Share in a beneficial reward, sharing the monetary benefits of the delivery of specified outcomes
- Align the financial goals of both Catalise and its client
- Encourage Catalise to invest in the relationship
Both the client and Catalise received significant rewards from this alignment.
Outcomes of the assignment
- A new regional airline, safely flying with a motivated and customer centric workforce delivered on target at 1 January 2007, and on course to deliver profits by 2009
- A new well motivated workforce and growing support for the new customer-focused culture
- A strong, well-skilled and committed senior management team, with significant ‘big airline’ experience
- A clean balance sheet, with happy and confident suppliers, and plans in place to enhance the balance sheet strength.
- A sound Operational Business Plan, to which the business is committed and is capable of implementing in order to deliver critical operational efficiencies.
- A governance structure designed to provide rigour in the pursuit of solid management decisions
- Business functions operating in partnership with the operational business, focused on delivering business objectives together
- A strong, well-resourced Programme Office designed to deliver more than 180 operational and function projects
- An airline developing in strength and agility in dealing with market dynamics, and creating sustainability in order to attract future external investment
