The Urgent Need for Change and The Superior Path Forward slide image

The Urgent Need for Change and The Superior Path Forward

THE CADENCE OF OUR TRANSITION PLAN TO DRIVE STOCKHOLDER VALUE CREATION We expect to be able to implement several operational initiatives that can immediately create value as our plan achieves full run-rate within 18 months ■ ■ ■ Product-line level P&L analysis Performance levers: - Identification Size the prize ■ PRIVET FUND Diagnosis 45 DAYS Sizing the Company's potential - - Toolkit Culture gap & priorities Quick wins: - - "C&D" customer reviews OEE enhancements UPG STRONGER TOGETHER I Renewed Synalloy Business Model 45-90 DAYS Business model: Architecture Resourcing Organizational model Master plan / agenda: Initiatives Capability building Communications Performance management: Metrics & KPIs War room Performance dialogues Resource configuration Mobilization of Playbook 90-135 DAYS Launch initiatives Put in place performance management system Test and monitor business model and organizational model changes Refine strategic plans Launch advanced analytics: Critical initiatives Growth tracking Account management Others ■ 01. 02. 03. 04. 05. ■ Our Plan To Strengthen Synalloy Implementation of Playbook 135 DAYS & BEYOND Implement changes across entire organization Transition initiative ownership to ongoing operational management Oversee and track progress Report results Communicate to key stakeholder groups in order to effectively sustain change 94
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