Client Background
The client is the biggest manpower solutions company in KSA and required support in developing a five year business strategy (Vision, Mission, Values and Goals)
Business Problem
- The client was facing internal misalignment with respect to its current strategy and needed support in revamping the same
- The client also wanted to develop and implement a suitable performance management system in the organization to effectively cascade the strategy of the organization to a department as well as to an individual level
Solution Overview
- Acuvon worked closely with the leadership team to build consensus on the direction of the new strategy
- Conducted a strategy workshop with the leadership team to revisit the Vision, Mission, Values and Goals
- Redesigned the existing organizational structure to realign it with the agreed strategy
- Built strategic authorities and responsibilities matrix to drive the changes to the existing strategy
- Identified the key pillars based on the agreed strategy and projects against each pillar
- Created a comprehensive action plan for implementation of the identified projects in agreement with all major stakeholders
- Carried out detailed market study and developed business plan for some of the new businesses under incubation
- Acuvon helped the client in implementing Balanced Scorecard(BSC) across the organization
- Conducted a strategy workshop with the leadership team to identify corporate level objectives
- Created the corporate level KPIs from the agreed corporate objectives
- Cascaded the corporate level KPIs to department level and then to an individual level
Business Impact
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New strategy with a clear vision, mission, values and quantifiable goals
100%
Linkage of organizational strategy to different levels of the organization