Complete Business Planning and Operations Set up for Power Business of a large Iron and Steel Manufacturer
Title: Define and institutionalize strategy and operations planning to create a globally benchmarked power company with clear leadership in renewable power generation
Background:
- Group company of a leading iron and steel manufacturer based in Chhattisgarh with turnover over INR 2000 crores
- Developing as a full fledged power generation company with 1400 MW currently under development
- Won bid to set up 50MW Solar thermal power plant under JNNSM Phase I
- Desires to be a leading renewable energy company
Our Approach:
Organization Strategy Development & Execution Plan
Organization Structure design
- People, process and technology buildup
- Supporting in Project Planing and Monitoring
- Define key processes, systems and organization structure for execution of current projects
- Help in planning, partner engagement, sourcing and procurement
- Develop and implement objective, metric driven project monitoring and governing system
- Help with setting up project team
Our Solution:
- Conduct workshops to elicit organization vision, mission, values and strategic themes
- Use Balanced scorecard approach to implement organizational vision and strategy
- Define organizational capabilities, skill requirement, salary bands and performance metrics
- Build project organization for execution of 50 MW Greenfield Solar thermal power plant
Benefits:
- Evolve into a globally benchmarked power company
- Well defined future goals, strategy and planning process
- Faster and efficient ramp up of project teams
- Objective performance management system aligned with strategic goals