Changing markets demand changing strategies, and a new strategy often requires a new organisational design and new governance mechanisms to effectively coordinate peoples efforts. As markets get more complex and volatile, it is important to be able to manage your organisation along multiple axes.
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Building the foundation for effectiveness |
A successful organisational design, or an alliance design, not only facilitates decision-making and an efficient deployment of resources to increase competitiveness. It also creates clarity and a feeling of unity for employees. key design aspects include the governance model, tasks, roles and added value of the board and the management echelons, the incentive and compensation structure, the performance measurement and
management control systems and the legal structure.
New organisational designs can also be an important source of competitive advantage, for example by combining strong market-focused units with scale creating shared service centers. alternatives are pooling the capabilities and resources of two or more firms
In Joint ventures, alliances and networks or unbundling the internal value chain and outsourcing capital intensive and non-value adding parts to third parties.
Nolan, Norton & Co. helps managers select their optimal organisational design and assists in implementing the new organisation and governance structure.
Nolan, norton & co. helps to build the foundation for effectiveness. |
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Organisational structuring is a crucial instrument for managing the organisation. New, innovative organisation models are required to create new business growth. It comprises the basic structure and allocation of resources, decision power and accountability.
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Clear governance is a fundamental prerequisite for effective operations and development of an organisation. The internal governance structure of an organisation specifies the relation between the Board and its operational units.
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A SSC is an accountable organisational entity in which business units concentrate their shared processes. SSCs are more than a hype. An estimated 50% of multinationals in Europe either have or plan to create an SSC. SSCs are emerging in every sector.
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Business Process Outsourcing |
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Business Process Outsourcing (BPO) enables an organisation to reduce its operating costs.
Outsourcing of non core activities increases the focus on core competencies.
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Alliances can provide (quick) access to new markets, know how and technology. Alliances are defined as an agreement between two or more organisations for the purpose of mutual gain through intense cooperation.
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Nolan, Norton & Co. assisted a financial service company in improving its corporate agility in order to create sustainable profitability and growth.
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