This is a story of a 50-year old mid-sized agro manufacturing company, with a turnover of USD 100 million. HR Anexi partnered with this organisation in various strategic and transactional initiatives, here is one that profoundly affected its bottom line.
Our initial diagnostics indicated the need for a comprehensive employee capacity utilization study. A ‘Time and Motion’ exercise was conducted, which mapped employee capacities to their day-to-day utilization.
The findings were alarming!
The diagnostic study & analysis revealed:
Thus, the company initiated a right-sizing exercise, which matched people with specific roles and removed labour redundancies. The company put in place a robust performance management mechanism, based on mandatory job descriptions, clear responsibilities, and measurable performance indicators.