Workforce reallocation saved significant operational costs by 25%

Industry

Telecommunications

Offering provided

COE Advisory

Introduction

A 140-year-old telecom giant, had long enjoyed a dominant position in the industry. However, the company faced unprecedented challenges from new players in rapidly evolving industry segments. The era of monopoly was over, and they needed to reinvent and adapt to compete with new technologies and emerging talent.

Business objectives

Redesign the organization's capability model to align with the industry competitive landscape

Leverage technology and development to introduce new ways of working

Implement a unique talent demand and supply integration model

Map the existing skills of the workforce and empower stakeholders to make timely talent decisions

Align targets with reward models to secure employee buy-in

Challenges faced

1

Encouraging a tenured workforce that required increased agility and changes in the ways of working to remain competitive

2

Upskilling its workforce to remain competitive in the turf with new entrants

Results and impact

1

Increased efficiency and improved service delivery led to higher profit margins.

2

The task that once required 8,000 people was now being accomplished by 3,200, with the remaining workforce upskilled and deployed to capture emerging markets.

3

The company successfully transformed itself to compete effectively in the evolving telecom landscape.

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