Labor is the number one controllable cost in almost every organization. Employees are also the most valuable resource. By understanding the right labor strategies, including how to engage employees in a real and meaningful way, our clients capture impactful cost savings while driving increased engagement.
Ankura’s labor strategy professionals provide a suite of industry-specific services to companies requiring rapid and sustainable improvements. The team recognizes the inherent sensitivities associated with labor and therefore offers a wide range of solutions based on client-specific needs. Many of our clients require projects that design and implement operations and labor strategies, including shift schedules. However, more specific projects may focus on topics that include employee engagement, overtime reduction, contract negotiations, absenteeism, and turnover as examples.
This is a half-day crash course on labor strategy.
Understand where hidden labor costs are destroying margin.
Engage the workforce with an anonymous, third-party survey to understand employee engagement realities.
Attach dollars to contract language to understand the financial and operational impact of negotiations.
Reduce absenteeism, FMLA abuse, and turnover in a distressed environment.
This hands-on approach at the employee level allows Ankura to achieve significant additional operational savings that most firms miss.
Whether you are overpaying employees (most likely) or underpaying, find out where the problems exist as soon as possible.
With the world becoming more “on demand,” management teams are forced to hold little to no inventory while customers expect immediate service.
When investing in labor-centric businesses, it is critical to understand where both opportunity and risk exist in an organization.
Advanced labor forecasting allows management teams to make better decisions faster.
Management teams across an enterprise typically do not follow the same rules and practices, which kills margins.
A data-driven and analytics-based approach that aggregates sensitive data across systems and sources such as payroll, requisitions, and management structure is fundamental to a labor review and can drive valuable insights.
Our team of experienced bankruptcy professionals can assist in the full life cycle of the Chapter 11 process, starting from preparing a company for a potential filing to a successful exit.
Ankura brings executive-level, seasoned consultants to existing management teams when a company is struggling with the additional demands of a restructuring, including bringing experienced and additional resources to an otherwise frenetic and difficult reorganization process.
With a consistent process-driven approach aimed to stabilize, rehabilitate, and restructure the situation, our experts bring a level of stability to unstable situations, allowing for successful resolutions focused on creating value and maximizing recoveries among stakeholders.
Credible crisis preparedness and operational resilience depends on how organizations prepare their workforce and effectively communicate roles, responsibilities, and expectations for operating under emergency situations. Our crisis management governance model and mobile management platform provides a framework and operating system to effect staff preparation.
Our interim management services provide seasoned consultants who have the hands-on experience and skillset to assume executive roles for distressed companies and companies in transition, including roles such as CEO, COO, CFO, controller, and treasury functions.
With a consistent process-driven approach aimed to assess, monitor, and restructure the situation, Ankura experts provide the independent and objective advice creditor constituencies seek in protecting and maximizing their recovery.
Through interim management or hands-on advisory roles, our team acts like owners for companies or private equity investors seeking growth, performance improvement, and pre and post-transaction success.
Our team understands how critical communication is to our clients’ in resolving significant business issues. We develop solutions for all presentation challenges and make complicated information easy to understand. We work with our team of professionals to develop the most effective presentations that best communicate and clarify all complex issues.