Follows the development of the 5 Year Strategic Plan with MTI
The new organizational structure for the Walkers CML Group was presented to the Senior Management and Executives of the Group at an event held recently at Hilton, Colombo with the participation of over 800 employees. The existing organizational structure was evaluated by MTI and restructured in order to facilitate the growing business needs of the Group.
In 2014, MTI was appointed to advise Walkers CML on developing a Strategic Plan covering a 5 year period up to the financial year 2020. MTI developed the Strategic Plan by employing its internationally acclaimed 8S® Model framework to execute the project. This framework facilitates the engagement of the management team through a highly inclusive process of strategic planning consisting of eight stages namely; Scope, Scan, Sights, Strategy, Structure, Staff, Sustainability/Social Responsibility and Systems.
The Ground-Zero structure proposed by MTI as part of the Strategic Plan, is divided into seven clusters which will complement the Strategic Plan of the Company. The cluster based structure will focus on sharing knowledge and resources, achieving corporate synergy and enable greater senior management focus on growth opportunities whilst streamlining the role of the corporate functions towards delivering value to the operational business areas.
“We are happy to launch the new organizational structure which has been developed to match the core business operations of our organization. I thank MTI for developing a holistic organizational structure that has been customized to suit our Group profile and growing business needs,” said Jehan Amaratunga, Executive Deputy Chairman of Walkers CML Group.
“We evaluated the organizational structure and identified the need for a hybrid solution combining the aspects of domain, value-chain, functional and engineering capabilities of the Group. The new structure will ensure efficient running of the organization and propel the Group to greater heights,” said Hilmy Cader, CEO of MTI, during his presentation at the event.
Walkers CML is a forerunner in the infrastructure development sector with a well-established track record in the local and international market. The Company manages a portfolio of business operations covering a range of sectors, including civil engineering, heavy engineering, power generation and real estate.
MTI Consulting is an internationally-networked boutique management consultancy, offering advisory services in Strategy, Strategic Planning, Corporate Re-structuring, Process Re-engineering, Performance Management, International Market Entry, Feasibility Studies, Due Diligence, Corporate Finance, Mergers and Acquisitions, HR, Executive Search / Head Hunting, Marketing Strategy, Branding and Market Research. Since its inception in 1997, MTI has worked on over 550 assignments across 41 countries, covering a diverse range of industries, clients and business challenges.
Photos:
- Jehan Amaratunga, Executive Deputy Chairman of Walkers CML Group
- Hilmy Cader, CEO of MTI Consulting
- The Management Team of Walkers CML at the unveiling of the Ground-Zero Structure