Having just come through a turnaround period in the company, Novanta was ready for a culture change. Previously there had been more of a command and control environment, which was needed for the challenging times, but with the advent of a new CEO, and the turnaround complete, it was time for a new era.
Strategy & Execution
We worked with the CEO, and the leadership team to find a way for more inclusiveness and bringing out the best in everyone at the company. This was a massive culture shift as everyone was used to the politics and infighting from the old guard. But now, with Matthijs Glastra at the helm, the company and the leadership team embraced delegating controls to the capable hands of their teams so that they could focus on an even more cohesive vision and strategy to move into the next exciting phase of the company.
Over the two years that Novanta worked with Burst Forward, Matthijas had a successful transition to CEO, and lead his team and company to double their revenue resulting in a 100% increase in their stock price and market capitalization.