KKR / Transformation Flashcards
GfK - KKR - IPSOS
Task Sale and separation of research business to IPSOS Carve out 1000 staff Migration of 50TB data across the region Business applications
Action Identify all stakeholders define comms strategy - regular Engage with the business early on Pre-mortem (what could go wrong) Lessons learned Risk analysis Ensure ongoing relationship (TSAs)
Result On time and under budget Exceptions agreed Ensure business continuity Realise cost savings
GfK - KKR - Cost savings (Infrastructure)
Task
Infrastructure consolidation
Reduce datacentres globally from 180 to 3
NE region 8 to 0 (into FR2 and Cloud)
Action
Datacentre consolidation into FR2
Consolidation of servers and services
Relationships with local MDs and business
Push containerization and Kubernetes cloud
Result
Reduction in datacentres
Cost reduction 25%
GfK - KKR - IT and back-end systems upgrade and standardization
Task
Office 365 (Exchange, Teams, OneDrive) - 1.5m
ServiceNow - 1m
Confluence and Slack
Action
Align globally
Co-ordinate with vendors
Result
On time and under budget delivery
GfK - KKR - Business systems
Task
• Salesforce - adoption, integration and training
• Workday - adoption, integration and training
• Printers - global alignment
• Room booking
• Audio visual
Action
Support implementation
Training
KBAs and ongoing support
Result
On time delivery
*** GfK - KKR - Overview
Restructure and Digital Transformation
KKR purchase GfK in 2017
New management team
100m investment
200m cost savings in 2 years
Sale of traditional market research to IPSOS
Concentration on digital core (prescriptive analytics)
Cost savings:
40% headcount reduction - restructure and centralize
Simplification of IT infrastructure
IPSOS separation - 1000 staff, applications, data
Digital transformation:
Deliver business systems (Salesforce, Workday, Tech)
Implement Enterprise IT SAAS (O365, SN, Confluence)
GfK - KKR - Cost savings (Personnel Costs)
Task
Reduction of IT workforce 40%
Action Restructure IT teams Consolidation of regional IT teams Single service desk team Single infrastructure team
Aligned processes
Shared vision and clear communications
Relationships with local MDs and business
Result Reduction 45 to 30 staff Single teams and flatter hierarchy Regional service desk European service desk - global Exceeded cost saving targets and improved efficiency End-user satisfaction up to 98% First time fix rate about 80%