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Maintaining
Cost
Effectiveness In Your Organization (
Case 1 / Case 2 )
Case
1
Client:
Gas and Pipeline Industry
Topic: Downturn of Markets and Economy
Situation
Our client was:
-
A natural gas and pipelines company in need of a way to lower
costs during changing regulatory and market conditions
Challenges
The challenges facing us were in:
-
Addressing significant cost reduction requirements
- Working
within a fluctuating market period
- Dealing
with the potentially negative aspects associated with cutting
costs in a company along with related change management requirements
Actions
The actions we took to address these challenges were:
-
Conducted process mapping to identify why processes are needed
— and related cost-effectiveness
- Conducted
an in-depth financial analysis on processes and on the roles within
the organization
- Worked
with client teams in making recommendations based on the research
conducted, along with an identification of steps to take for implementation
Results
Our actions resulted in:
-
Successful implementation of the recommended changes
- A
more cost effective and profitable company
Case
2
Client:
Educational Facility
Topic: Making Best Use of Investments
Situation
Our client was:
-
An educational facility in the process of implementing a new IT
system within the Human Resources department
- Needing
to find ways to deal with inadequate functionality in the system
Challenges
The challenges facing us were in:
-
Meeting time-sensitive deadlines for dealing with the issues
-
Addressing the financial aspects of the project
-
Working with the debate on decisions to be made in the area
Actions
The actions we took to address these challenges were:
-
Identified what the requirements of the organization were in this
realm
-
Conducted an in-depth financial analysis of each of the options
for dealing with the problem - from overhauling this aspect of
the system to outsourcing
Results
Our actions resulted in:
-
A sound cost benefit analysis of the options and a recommendation
that was implemented and ultimately resulted in positive outcomes
for the organization
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