Organisations have often developed over several years, with a legacy of numerous management teams. However, long-term success requires constant rethinking and adapting. Organisational structures are often stressed when companies acquire or merge with other companies. Change requires a period of thinking, strategy and anticipation of all events that the company will face.
A good organisation must meet several challenges:
- Balance organisation structure to reduce complexity and facilitate coordinated execution
- Design functions around value creation rather than reporting lines
- Manage and realise the full benefits of scarce resources through recruitment, skills development and recognition of current and future leaders
- Create a strong culture to facilitate innovation, change and excellence
Advancy has been engaged in several organisational projects, from high-level assessments of the organisational structure to detailed discussions with key stakeholders at all layers in the organisation.
The strategic results tend to be medium to long-term, but we often see immediate cost reductions by introducing more efficient structures.