The Organisation:

HITEK Electronic Materials Ltd is a leading provider of EMC solutions catering to a diverse clientele across various sectors globally. Established in 1985 and headquartered in Scunthorpe, Lincolnshire, the company has consistently thrived by adhering to its core principle of customer-centricity, embodied in its "Ethos of Yes." This commitment has propelled HITEK toward remarkable and sustained growth over the years.

The Challenge:

As the organisation approached the conclusion of its five-year business plan, it had successfully navigated the complexities of Brexit and the challenges posed by the Covid pandemic, achieving robust growth throughout. Despite these achievements, the leadership team recognised the need to capitalize on emerging opportunities and further optimise their operations for sustained success. Seeking guidance on future strategic endeavours, they turned to The Excellence Partnership.

The Approach:

Collaborating closely with the Senior Leadership Team, we deployed The Excellence Partnership’s Strategy & Business Planning Framework. This involved:

• Conducting a comprehensive review to enhance understanding of:
  • Target sectors
  • Customer requirements
  • Competitive landscape
  • Internal strengths and opportunities
  • Areas of expertise
  • Organisational structures and systems
  • Workforce capabilities
• Facilitating strategic discussions to identify avenues for maximising potential
• Assisting HITEK in crafting a detailed business plan for the upcoming five-year period, aligned with overarching company objectives
• Defining actionable tactics necessary for executing the business plan
• Establishing a structured methodology for effectively managing plan deployment

The Outcome:

The implementation of this framework empowered the Senior Team at HITEK to take a step back, assess past performance, gain clarity on available opportunities, and collectively develop a strategy for achieving high-growth objectives.

Roger Dent, the Operations Director remarked, “Working with The Excellence Partnership has afforded us the invaluable opportunity to dedicate time to strategic planning, rather than being consumed by day-to-day operations. The structured framework provided us with a systematic approach to data gathering, facilitating informed decision-making. While we could have undertaken this endeavour independently, partnering with TXP undeniably expedited the process and ensured our trajectory remained on course.”