Case Study

Regional Performance Dashboard for a $1.2B Oil Field Services Organization

"Defining and building dashboards and analytics that support strategic initiatives in order to better manage and direct improvements"

Situation

  • The region had consistently posted healthy revenue gains over the past three years across each of their 5 primary markets
  • Despite increasing revenue trends the region struggled to maintain profitability, negative or just above breakeven margins as well as low relative ROA and ROI metrics
  • In response the leadership team implemented a strategic focus to improve the quality of revenue, optimize headcount, improve the balance sheet and understand risks
  • The organization lacked a consolidated reporting platform to support these key initiatives and needed a reporting dashboard

Bespoke Solutions

  • Began by reviewing key data sources and producing a variety of simple and advanced analytics focused on the region’s strategic imperatives
  • The team facilitated work sessions with the leadership teams to identify the most pertinent analysis and develop an algorithm to report overall progress by market
  • In partnership with an IT developer, a dashboard was created and integrated to the base systems utilizing Tableau and later converted to Spot Fire

Leading With Results

  • 15 point YoY increase in profitability because of reductions in product and customer complexity
  • 5% headcount reduction within management tiers while growing the top line
  • Reduced net working capital from $900M to $500M in the first 6 months
Case studies and expertise may represent projects and engagements performed by SLKone team members prior to their employment at SLKone