Mandate

Asnad teams were engaged in a restructuring project to right size the business following departure of significant suppliers resulting in a large and unsustainable operating base.

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Resolution

Deployment of teams from Human Capital and FP&A to ascertain a true picture of divisional contribution to overall performance and thereon affect change management linked with rightsizing the business.

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Key Success Factors

• Commercial acumen
• Strong team dynamics

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Key Specific Actions Taken

• Delivery of a zero-based budget
• Change Management and communication
• Appointment of a new business leader
• Talent Assessment
• Closely monitor the changes in workforce, including impact on Saudization

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