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B:HIVE, Smales Farm, 72 Taharoto Road, Takapuna, Auckland 0622
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info@teesdaleassociates.com
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021 920 323
Most businesses are perfectly organised to deliver today’s results.
If you need something better, a planned programme of change is required and we can assist, end to end. Whether your project drivers are revenue growth, cost reduction, a new business model or integration of a new acquisition, we can lead both planning and implementation of the required change. From organisation re-design, development of a new operating model, changes to terms of employment, communication strategies that build understanding and momentum for change through to selection and appointment, we offer guidance, proven tools and most of all, results.
A restructure process that simply reduces headcount runs the risk of only creating a smaller business. We specialise in processes to embed a new operating model, supported at the same time by changes to terms and conditions of employment to support the new operating model.
Business Transformation & Restructuring FAQs
As the name suggests, business transformation involves making a transformative or marked change to a business, as opposed to just fiddling around the edges. Typically, that means not only a new business operating model, but also changes to terms and conditions of employment to support the new model. A restructure process that simply reduces headcount runs the risk of only creating a smaller business.
The best place to start is to imagine how you would organise your business if you were starting afresh. Don’t hold back or restrict your thinking about what is possible. In the end what is possible usually comes down to the rationale for the changes, the communication of the message, the impact of the changes on those affected and your determination to succeed.
The key point is the level of investment you are prepared to make to achieve the changes. If you are not prepared to make an investment in the people affected, you may not get to first base. If you are planning the purchase of a new piece of equipment, you would do a cost benefit analysis and figure out the ROI. The same applies to people aspects of business transformation. There may well be significant costs, but if the ROI supports the investment, you are likely to proceed.
Most businesses are organised to deliver today’s results. If you need something better, there is no point in tinkering with the current model. The best place to start is to imagine how you would organise your business if you were starting afresh. Don’t hold back or restrict your thinking about what is possible and take a long term view. In the end what is possible usually comes down to the rationale for the changes, the communication of the message, the impact of the changes on those affected and your determination to succeed.
Ironically, our experience is that transformative change is often easier to achieve than tinkering, because people can see the benefits of making the change, they feel the impact on them has been fully considered, and steps have been taken to provide them with options. The latter could include a payment to stay and accept the changes, or alternatively the option of a payment to leave.