Addressing excess organisational complexity
Many organisations are growing and expanding rapidly in their pursuit of growth and market share. In the process, they incorporate new entities, acquire businesses and companies, and introduce new and complex processes.
As they expand, they may also find themselves with more than one entity or process in a similar business that serves the same clients. When a major restructuring is being contemplated, these organisations often find themselves with redundant entities and processes which are not cost-effective, inactive, and serve no economic purpose.
These redundant entities and processes waste management time and incur recurring costs in maintaining the statutory books and records, and in preparation and filing of statutory accounts and various returns. They clutter the group structure and may also lock up valuable capital resource.