Well organized companies with motivated employees are able to break through.
A well-thought-through organizational design can stimulate corporate performance and make risks manageable within the company’s internal and external environment. On the other hand, the quality and motivation of human capital remains a defining factor for success. We support our clients to strengthen the organizational gel for achieving common purpose and shared values, clear decision making and aligned motivation. We help our clients gain benefits through a better motivated workforce, aligned interests, and performance-based compensation plans.
Development and setup of a comprehensive HR system
Leading construction materials producing company
The company approached us with a request to install a Balanced Scorecard based performance management system. However, our diagnostics showed that the company had an inefficient organizational structure. Thus, we took the mandate to devise an optimal organizational structure for the company, helped institute human resource management functions, staff it and streamline functional flow. The assignment also helped to create a necessary precondition for instituting a modern corporate governance system at the company.
Organization Design of Corporate Center
Leading Armenian group of companies with diversified businesses
The group had expanded into different sectors. It lacked a centralized decision-making mechanism, and relied on the owner-family members’ business intuition. We designed and helped implement an effective structure for a corporate center best suited to the internal characteristics of the widely diversified businesses. The final choice was made based on comparative analyses and organizational fit tests of the proposed alternatives varying in terms of level and extent of functional centralization.
Business Valuation Training
Business valuation in the context of investment attraction: applicable practice for Armenia
EV Consulting and “Advice for Small Business in Armenia” of the European Bank for Reconstruction and Development (EBRD) recently organized a training dedicated to business valuation and development of relevant knowledge base for negotiation with investors. The target audience of the training was companies’ shareholders, CEOs, CFOs, financial analysts and consultants.