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Improving
the Return |
The time was ripe for a multi-billion
dollar revenue company to sell its natural gas
subsidiary. Selling this gas company would put all
150 employees out of work, most of whom had been with
the company for years. We helped them implement a
transition strategy for assisting their employees and
their management team through the entire sales cycle,
maintaining high morale and high productivity to the
end. Tackling the human side of exiting the gas
business turned out to have a bonus. External
auditors determined that effectively addressing the
psychological impact on employees and managers
contributed to getting a higher price for the sale of
the company. Good stewardship turned out to be
good business.
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