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Project details
Project Organization transformation for an oil and gas super major
Oil & Gas
Project description
OilCo wanted to shift from a geocentric model to a global model to improve performance, but doing so presented significant cultural and logistical challenges. Bain helped OilCo map roles, update critical systems, standardize key processes and communicate clearly to business units. The result: The new, centralized organization was implemented ahead of schedule and with minimal disruption to the business.
Project features
- Develop central organization template and case for change
- Create and iterate business unit organization design, based on central guidance
- Map existing roles to new organization, adhering to all HR and legal standards
- Plan towards implementation of new organization
- Project management of change management program
- Develop action plan to embed new organization
The new organization was implemented in all units ahead of deadline with minimal disruption to existing business.
The clarified implications of the new org and increased role and process standardization helped:
- Define process maps and decision rights for selected key processes
- Document responsibilities for key roles
There are plans in place to continue transition over the next one to two years.
OtherProjects
Utilities & Alternative Energy
Revitalizing a utility's market position with customer loyalty
One of Europe’s largest utilities was steadily losing customers as consumers gained the right to select their energy supplier. To boost customer loyalty, Consult Plus helped UtilityCo transform itself into a customer-focused culture with an innovative loyalty strategy designed to better meet consumers’ needs while creating significant financial benefits for the future.
UtilityCo faced erosion of its long-established leadership due to regulatory changes that redefined marketplace competition. With more suppliers pursuing them, customers raised their expectations and took advantage of attractive offers, including improved pricing and more flexible energy products.
To curb the high customer churn rate in its retail business, Consult Plus worked with the utility’s CEO to improve customer loyalty through a comprehensive program, including cultural change.
Project Details
Business
Boosting salesforce effectiveness of a PE-owned portfolio company
When an Asia-based private equity consortium purchased a local directory publisher, it inherited a firm that seemed to be in a downward spiral. Both customers and employees were leaving fast, leading to revenue declines in each of the previous five years and little hope for improvement in sight. The investors called on Consult Plus to help turnaround the situation and increase salesforce effectiveness, leading to a more than two time return on their investment upon exit.
DirectoryCo was among the leading directory providers in the Asia-Pacific region, but inefficiencies in its sales process hindered advertising revenue and overall growth. As with many companies, it could not reach its full potential without increasing its salesforce effectiveness.
At the same time, the processes and systems to manage and incentivize sales staff were inadequate. An inefficient compensation structure drove high turnover, but declining revenues made it hard to retain top performers or attract high-quality new salespeople. This vicious cycle perpetuated customer defections, and ultimately, revenue declines.
Consult Plus worked with the new private equity owners, along with DirectoryCo management, to identify, prioritize and resolve the most pressing salesforce challenges.
The teams set the tone for the project by initially segmenting and prioritizing customers and accounts, identifying the profit potential associated with each one.
Project Details
Technology
Increased sales productivity frees selling time and saves millions
A multibillion dollar global technology giant was growing revenues fast, but sales and marketing expenses were growing faster. We looked at where those dollars were flowing, both to the salesforce and behind-the-scenes in seller preparation, and ultimately helped the company simplify organizational structures, save millions in costs, and create better-prepared sellers with more time for customers.
Despite healthy revenue growth and product portfolio expansion, TechCo had a problem: sales and marketing expenses were rising faster than anything else. The salesforce had become bloated, and roles were murky due to new layers of product specialists and channel partners who often duplicated the efforts of the primary salesforce.
Meanwhile, as the complexity of the product portfolio grew, some critical capabilities appeared to be missing. For one, sellers struggled to get the training and information they needed when new products came to market, crimping their ability to sell. For these and other reasons, Consult Plus analysis helped reveal that sellers spent less than 25% of their time in front of customers, dragging down sales productivity.
High spending and poor results meant the company needed to make some immediate changes to the sales organization to improve its productivity. At the same time, it needed to take a step back and look at how the organization could better support sellers in a fast-paced and ever-evolving environment.
Project Details