Challenge
Faced with challenges around growth, profitability, and an underperforming stock price, the company required help identifying cost reductions to achieve a breakeven run-rate within a 6-month timeframe. Due to being a relatively young business, the company had many organizational structures that were not financially or operationally scalable. Synergetics was selected as the consulting partner to help develop a future-state organizational structure that would not only achieve the cost savings requirements, but also improve scalability for the long-term.
Solution
Synergetics added immediate value by quickly analyzing the current-state organizational cost structures and producing future-state scenario modelling. By detailing several options, Synergetics enabled the company to make informed decisions and right-size their business with confidence.
- Future-state organizational design
Organizational analysis, including:
Span of control
Layers, titles, and levels
Compensation
Geographical footprint
