Organizational Effectiveness

Challenge

Research from The Hackett Group indicates that the average Fortune 100 companies could reduce its costs by approximately $120 million dollars annually by leveraging the global labor force alone. More compelling, is the fact that Hackett research also indicates that the ability to improve organizational effectiveness is a multiple of that figure. The graph below provides three examples where significant organizational effectiveness can be achieved.


More often than not, organizational complexity and misalignment are often the major barriers to effective and efficient performance. While it may be obvious where improvements are needed, resistance to change and adherence to outmoded or overly complex processes make it impossible to effect real change. However, it is possible to obtain the clarity of accountability and end-to-end perspective that are essential to optimizing supply chain and core G&A and operational support processes A key element of this is an effective talent management strategy.

Hackett Solution

Using a "proprietary" benchmarking process and best practice implementation capabilities, Hackett can measure the under spend or investment that is normally ascribed to Organization Effectiveness improvement opportunities as well as the over spend that is usually assumed from any Benchmarking efforts. What makes Hackett's value proposition most compelling is that nearly always the over spend that exists within an organization is significantly higher than the level of investment required to capture the ability to improve organizational effectiveness.

Related Articles

Hackett: Companies Can Improve Earnings Nearly 15% By Improving Talent Management Function

Hackett: World-Class Enterprise Performance Management Drives More Than Twice the Shareholder Return

Upcoming Events

Excelling in a Volatile Recovery

Best Practices Conference

Register now for The Hackett Group's 20th Annual Best Practices Conference, the premier event focused on business excellence. Join an elite group of senior executives to share emerging trends and best practices. You'll hear real-world experiences of performance improvement in finance, human resources, information technology, procurement, and global business services.