20 new hires for maximum impact on 4,000 staff and 342 projects
Summary
Who & Where
Our client, one of the largest banks in the world, knew they had to adapt to major industry changes in order to maintain their top spot.
When a mandate came down requiring adoption of more agile processes, the institution quickly increased the number of agile-related projects by roughly 75%.
The pressure was on to find and retain top talent. And with critical data sitting across various departments, the new agile initiatives began to falter.
The organisation reached out to GainX, a long term partner, to help in optimising projects and resources in order to accelerate transformation and mitigate risk.
Factfile |
|
4,000 |
Employees |
42 |
Business Units |
168,839 |
Connections |
342 |
Projects |
91,211 |
Tasks |
GainX identified $35m at major risk and $250m at significant risk. This and more would substantially delay and impact the adoption of agile processes
Before
-
Excessive isolation of people and projects
-
Severe lack of access to key talent
After
-
GainX identified resources required
-
Information flow increased
-
Accelerated project completion by 20-50%
The Process
Triangulating three thematic sources of data – People, Projects, Finance – GainX identified:
- Isolated teams and projects with millions at risk
- Key talent poised to leave the organisation
- Large microcultures resistant to change
- Significant understaffing causing major delays
- Multiple areas of project distraction causing delays
GainX machine learning and proprietary network health scoring identified which resources would dramatically improve the bank’s network – and accelerate agile projects.
GainX is the most exciting technology I’ve seen for Tier 1 banks in the last decade.
Head of Digital Strategy
The Outcome
With just 20 new hires strategically placed based on GainX analysis:
$35m
in project risk – identified and mitigated
$30m
saved in additional HR costs
20%
acceleration in agile transformation – in the first year alone
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