Case Study www.diabsolut.com • [email protected] • 1-877-341-3227 Industry: Pharmaceuticals Company: Teva Canada “I would not hesitate recommending them to others.” - David Boughner, Director Strategic Initiatives, Teva Canada Services Provided: Business Integration Review and Health Check Challenge: Results Teva Canada had acquired a competitor, making them the second largest manufacturer of generic drugs in Canada. They assumed responsibility for integrating and rationalizing the products, processes, premises, people, and technology for the Canadian operations. Teva themselves stated that, “The information was clear, concise, insightful and very well presented. They were honest, balanced and their findings were well supported by facts and figures. Recommendations made were reasonable, achievable and based on solid experience. Despite an aggressive time table, all milestones of the review were met on time and on budget. Equally important, everyone we worked with was a pleasure and I would not hesitate recommending them to others.” A broad based, independent review was needed to ensure the initiative was aligned with overall corporate success criteria. Teva needed to identify the key reasons for the integration’s success, find the areas that were less successful and why, and guarantee early successes would remain sustainable. Solution & Value: A team of senior consultants experienced with mergers and acquisitions, as well as conducting initiative reviews, worked with Teva to produce a customized Health Check. During the discovery phase they examined: • A large sample of communications and selected project management documentation. • A comprehensive online survey. • One-on-one interviews with key leadership of the integration. A comprehensive report was prepared including an executive presentation. The Health Check identified areas working well, areas needing improvement, and the underlying causes in both cases. Recommendations were action oriented and considered: • Immediate Improvement • Medium Term Improvement (for the current initiative) • Long Term Improvement (for future initiatives) Teva Canada attained a significant achievement in organizational growth. Independent insight, experience, thoroughness, and flexibility allowed for a more thorough understanding of stakeholder perspectives, a fast and accurate review, a spotlight on gaps in the integration process, and a focus on high quality outcomes.