Strategy by EY-Parthenon

In today’s fast-paced world, C-suite and business leaders must truly be effective at driving value creation across their organization.

In today’s complex environment, setting and executing a strategy to optimize the value across all stakeholders of an organization has never been more challenging.

CEOs need to consider and take bold and transformative steps such as redefining their organization’s purpose, setting strategic directives in light of radically shifting customer and market dynamics, leading disruptive innovation in their sector, embarking on end-to-end digital transformations, pursuing and optimizing inorganic growth strategies, defining and implementing organic growth strategies,  optimizing their supply chain and setting their global tax agenda.

With more than 6,000 strategy professionals in more than 50 countries, EY-Parthenon professionals are continually answering the “What?” and the “How?” questions on the CEO agenda to help deliver long-term value across our clients’ organizations.  

EY-Parthenon is a strategy consultancy committed to bringing unconventional yet pragmatic thinking together with our clients’ smarts to deliver actionable strategies for real impact in today’s business landscape.

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The better the question. The better the answer. The better the world works.

How EY enabled digital transformation of an Indian IT major

One of India’s leading IT companies, with revenues more than $ 5b, realized that its strategic growth potential hinged upon digital transformation of its operations.

The better the question. The better the answer. The better the world works.

How can digital drive a company’s future preparedness?

An Indian IT-solutions major needed to transform the way it operated ꟷ processes, culture, and talent ꟷ to build the base for a digital future.

One of India’s top global IT service companies was facing revenue and profitability challenges. Low margins compared to industry peers, India’s rapidly depleting labor cost advantage and skill obsolescence collectively contributed to low operating margins and falling share prices.

Digital future readiness how do companies prepare – EY India
The better the question. The better the answer. The better the world works.

A digital mindset can set the path for growth, operational and delivery excellence, and financial efficiency

EY helped an Indian IT major align with its strategic growth objectives through digital transformation of its strategy, operations, delivery, sales and skills

With an objective to improve its financial and operating performance, the company partnered with EY for a strategic initiative with the following objectives:

  • Growth through digital transformation
  • Improvement of operations and financial processes through techniques like lean   
  • Improvement of people productivity and skill development
  • Improve delivery by embedding automation and new age delivery into client delivery. 

A cross-functional 18-month global initiative

EY put together a multi-disciplinary team to work with the company’s senior leadership to put a digital transformation strategy and program in motion. The EY team worked to bring about strategic differentiation through the following:

  • Developed a digital growth path cutting across products, marketing, talent and operations
  • Built digital solutions, integrated existing platforms and modernized legacy offerings to align with the company’s growth path
  • Overhauled financial processes for managing expenses, reporting obligation and managing budgets
  • Introduced data and analytics at the heart of the business, i.e., operations, to help executives take decisions based on lag and lead indicators
  • Embedded automation and AI in the delivery of customer programs
  • Managed multi-disciplinary change across global locations by enabling people, solutions, messaging, behaviors and skills
  • Built a skill academy to power performance improvements through productivity, output quality and skill development

How EY secured a digital future for a global IT-services company

  • Growth

    • Digital solutions
    • Integration of existing platforms
    • Legacy platform modernization
  • Delivery

    • Operations optimization
    • Expense management
    • Budget management
    • Delivery with automation and AI
  • Change

    • Culture
    • Communications
    • Training
    • Talent management
  • Skills and platforms

    • Digital skills academy
    • Sales training
    • New age delivery
    • Analytics based decision making
Digital transformation – Paving a new path towards digital world via EY India
The better the question. The better the answer. The better the world works.

Designed and delivered: a future-ready digital organization

Besides gaining a strong financial position, the company is now equipped for a digital future.

Within a month of the project’s conclusion, the company saw improvements to its financial performance. The initiative led to an upliftment in margins and delivered sustainable change.

30%

EBIDTA improvement

45%

improvement in market cap

EY became a trusted and reliable partner for the IT solutions company. It ensured that the initiative was coordinated and purposeful across the company’s different functions, geographies and markets.

These initiatives were co-led by EY and the company’s senior leaders, including the CEO and the COO. EY’s cross-functional and cross-industry team comprised of more than 80 professionals, including local and global experts, consultants and technologists.

Building a future ready organization – EY India

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