Performica's insights led to a 1109% market cap boost

At Performica, we believe that the key to success lies at the intersection  of technology, strategy, and human insight. We transform complex  AI-driven data into actionable insights, focusing on what matters most  to unlock your organization’s full potential.

"Performica's insights proved invaluable in navigating our complex merger."

Challenge

In May 2022, a mid-cap biotech company underwent a complex merger and faced significant challenges integrating two complex operations and navigating an uncertain economic climate.

In October 2022, it turned to Performica to leverage its unique blend  of AI-driven insights and hands-on expertise to realign and optimize  its workforce.

Results with Performica

Perfomica’s CEO Alex Furman worked closely with the client’s leadership team enabling them to maximize engagement and retention of key employees, continuing to grow sales, invest in research and development, and increase its market cap by 1109%:

Problem

The new CEO and the leadership team lacked insights into their talent  with existing HR and analytics systems and needed a quick, effective solution to avoid failure. The new combined organization struggled with:

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Operational integration: Merging the processes and workflows  of two legacy organizations.

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Workforce reorganization: Identifying and retaining key talent while eliminating redundancies.

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Cultural integration: Harmonizing different corporate cultures  and communication norms.

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Market pressure: Reducing cash burn and achieving profitability  in a difficult economic climate.

Solution and Results

Performica’s experts, led by the CEO Alex Furman, worked hand in hand  with the client’s leadership to implement initiatives that led to real results.

95%

Employee Engagement

71%

YoY Reduction  in Cash Burn

96%

YoY Revenue Growth

1109%

Market Cap Increase

This involved:

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Identifying key personnel: Recognizing highly influential employees  to act as change agents.

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Identifying top-performing employees and the so-called “stealth performers” — the quiet contributors to success—in order to retain,  support, and promote these employees.

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Optimizing workforce placement: Ensuring the right people were  in the right roles.

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Streamlining operations: Exiting unprofitable business lines to focus  on core strengths.

Collaboration with Performica enabled the company to make critical and timely operational decisions based on unique insights and data, successfully navigating uncertain times.

Implementing Performica was a game-changer for us. The insights provided were invaluable in navigating our complex merger.

- CEO

Performica’s data-driven approach allowed us to make informed decisions that significantly boosted our organizational efficiency  and morale.

- Head of People Strategy

The changes made with Performica’s insights have transformed our work environment. We feel more engaged and motivated than ever.

- Senior Director of Creative Services