Sector: High Tech Electronic Technology
Service: HR Strategy and execution
Building a new global HR strategy, including a new HR target operating model for a global innovator in electronic technology
Approach
We initiated the process by engaging with stakeholders to deliberate on the most impactful areas for change and to identify significant obstacles and challenges.
Subsequently, we generated various options and facilitated the HR team through a structured decision-making process to select the changes and delineate the resulting design and governance.
We provided detailed descriptions of the chosen designs for different timeframes.
Context
The board and private equity owners were determined to create a top-notch HR function to help the company achieve its business goal of doubling revenues within three years.
The global and local HR departments were falling short of the expected standards and not collaborating effectively internally. To reach the business objectives, it was crucial to develop HR as a business partner.
Impact
Evolved HR into a proactive, agile business partner with strong generalist skillsets; led maturity assessment and restructure that elevated function from operational to strategic driver of organizational success.
Defined long-term vision for a holistic and integrated approach across all HR capabilities, including a detailed roadmap for implementation.
For a global innovator in mission-critical electronic technology sectors, we defined a long-term global HR vision for a holistic and integrated approach across all HR capabilities, including a detailed roadmap for implementation to build best-in-class HR function, driving business objectives to double revenues within three years.
Based on a maturity assessment, we rapidly identified improvements to the existing HR strategy and organizational setup (structures, systems and people). After consulting with the stakeholders, we started implementing the plans, including running the transformation.