How do you radically reposition after an industry collapse? Soitec has tripled revenue and profitability with Accenture’s Business Futures approach.
With the collapse of the solar energy industry, declining revenues and an unclear vision for product definition, Soitec had to reposition.
The company shifted its focus to the growing semiconductor market of engineered substrates and wanted to define a five-year blueprint to create a bigger and stronger Soitec. However, leadership was unsure about Soitec’s future goals and what was needed to accomplish them.
The first step was getting everyone on the same page. The CEO wanted an external perspective, both to align the management team on a future vision for the company, and to help identify Soitec’s most promising future growth opportunities.