Organizational Restructuring
and Repositioning (ORR)
The state of a company’s affairs, the changing nature of the market, and many other factors may result in management taking significant corporate action, such as restructuring, to potentially eliminate financial harm and enhance organizational effectiveness and performance.
However, for the organization to have a successful restructuring process, there has to be adequate planning and preparation, which will require a professional preliminary assessment of where the organization is and where it wants to be. Organizational restructuring is a very delicate phase in an organization’s life as it affects people, processes, systems, technologies, business areas, and departments.
Travel &
Aviation
Energy
Services
Finance
Service
Oil and
Gas
Health &
Fitness
Information
Technology
Some of our successful
restructuring initiatives:
Project STAR and Project FADA were initiatives aimed at improving corporate governance and performance for a client. Project STAR involved restructuring the organizational framework, training C-suite personnel, and reviewing policies to align with a new strategic vision.
Project FADA assessed the Finance and Audit departments, reviewing manuals and policies, and conducting staff training to address performance gaps and enhance management confidence.
Project STAR
Project STAR (Strategic Transformation and Repositioning). This was a specific project for a company during which we assessed and revised their organizational structure, conducted trainings for key c-suite personnel, reviewed organizational policies and itemized steps for seamless implementation of a new strategic vision. The core objective of the project was to make the company more formal and instill better Corporate Governance.
Project FADA
Project FADA (Finance and Audit Department Assessment). The Finance and Audit departments of a client company was assessed with the appraisals and departmental manuals/policies reviewed. Trainings and workshops were conducted for the departmental staff with the fundamental objective being to address gaps noticed in the department and improve performance while allowing management to have more confidence in the department’s capabilities.