SUSTAINABILITY AND THE GOVERNANCE FRAMEWORK
Business strategists and corporate leaders face a unique era where the business landscape is being disrupted by radical digital transformation and new business models are overlapped with an important generational change in consumers and employees.
To ensure the business model is sustainable we advocate regular reviews of the business structure, processes, governance and people in a coordinated manner. This will help to sustain the organizational strategy over business cycles and to improve the speed and quality of decision making.
To thrive in times of change, organizations need to continually evolve their business model and strategies. This may be through the development of new products/services, expansion to new geographies, or integration of new technologies.
In the shift towards these new models and strategies, old ways of working may no longer work. Indeed, they may in fact hinder progress and generate inefficiencies.
Vera Cruz believes that organizational design and the governance model are key aspects to support the business strategy and company culture and they must evolve and be reviewed whenever there is a change in the business. Depending on the size of the change, revision of the organizational design may be necessary within the entire organization or in specific business units and/or areas.
We help organizations establish an organizational model that enables the business strategic objectives, reducing internal friction and improving productivity.
- Greater alignment between stakeholders, structure, processes and governance, increasing the likelihood of delivering the desired/planned business results.
- A clear and efficient decision-making model
- Improvements in both direct and indirect costs
- Ability to leverage hybrid structures, merging fixed/traditional structures with more flexible/agile structures
- Clarity of the competencies required to support the strategy
- Reduced resistance during the organizational model transition through clear communication and detailed transition planning
When inefficient processes have been recognized as a contributor to inhibited growth organizations need to rethink the way things are done.