The company was spinning off 20% of its business and wanted to take the opportunity to conduct a commercial, operational and financial transformation of the remaining business.
The EY team helped execute a four-phase program to improve profitability through revenue growth, asset and process optimizations, and organizational streamlining. The project included an assessment to identify value-creation initiatives, as well as planning and execution of these initiatives.
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The company had an inconsistent capital allocation process due to a lack of integrated data and analytics capabilities as well as limited visibility into investment performance across franchises and functions.
The EY team helped design a detailed capital allocation process, including operating model, prioritization and data-tracking capabilities. We also helped build data collection mechanisms, leadership dashboards and forecasting tools.
Better and more flexible decision-making in the capital allocation process, enabled by an automated, data-driven enterprise portfolio management program.
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After more than 20 years of acquisitive growth, the company was planning an enterprise resource transformation to replace its aging system.
An EY team helped create a roadmap and investment case for the program, involving dozens of business units. The business case focused on speed-to-value and coordination with the technology implementation, shared services design, working capital improvement and tax optimization.
More than $250 million in savings over 10 years, from working capital, tax, and other efficiencies that self-funded the technology implementation. Increased ability to evaluate where technology investments yield the greatest value.
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The company was looking to unlock new revenue streams and accelerate digital service innovation to address customer needs.
The EY team helped set up a new digital marketplace and revenue stream by bringing valuable services to the company’s target market. We also helped move the large subscriber base to digital through enhanced customer experience and digital services.
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