Challenge:
After the merger of two significant companies in the upstream energy sector, the newly formed publicly traded company based in Houston faced an immediate challenge. As part of the merger, both organizations needed to track and communicate the progress of integration, synergies, and overall performance. The company's Chief Human Resources Officer (CHRO) recognized that the Board needed clear, actionable insights to monitor and manage the transition effectively. However, the challenge was clear: the company needed a reliable, real-time way to visualize and report key human resources and operational data pre- and post-merger so that the Board could assess how the integration was progressing.
The company’s existing systems were not built to support such an expansive, complex data task. How could HR and executive teams make sense of the vast amounts of data generated from the merger? How could they present these insights understandably and compellingly to the Board, which required timely updates and a clear vision of both the progress and challenges?
Solution:
To solve this challenge, NBBS partnered with the company’s analytics teams to kickstart a comprehensive data-gathering and transformation process.
The first step was to structure the data in a way that was useful, reportable, and ready for visualization. This was crucial for synthesizing information from the two merging companies, which had different systems, processes, and data formats.
NBBS’ approach focused on building dynamic dashboards that could not only track HR-related metrics, such as employee retention, satisfaction, and integration milestones but also visualize data in an engaging way that would tell a compelling story to the Board. These dashboards were designed with interactivity in mind, enabling users to drill down into specific data points and explore different aspects of the merger in real-time.
Result:
We began by building a robust data architecture that included structured data tables, which captured various HR and operational metrics across the newly formed organization. To ensure the dashboards would always reflect up-to-date information, automated data feeds were integrated into the system, enabling seamless data refreshes regularly. This real-time integration meant that the leadership team, including HR, could access fresh data without manual intervention, ensuring that their reports were always relevant and current.
Various data visualizations were created, such as interactive charts, graphs, and progress trackers, allowing HR to easily monitor key performance indicators (KPIs) related to employee retention, engagement, and synergy realization. These dashboards were customizable and could be adjusted as new priorities emerged or as different stakeholders required different data perspectives.
The HR team could now track the merger’s progress and effectively tell a data-driven story at Board meetings. They were able to show how synergies were being realized, what milestones had been reached, and where adjustments might be needed. Most importantly, the dashboards empowered the leadership team to make informed, data-backed decisions during the crucial post-merger phase. These dynamic dashboards provided not only transparency but also efficiency, allowing the Board and executives to get real-time insights into the company’s performance, something that was critical for the success of this major corporate integration.