Originally Published on: QuantzigHow we Helped Leading Logistics Unicorn Identify Key Skills Required for Future Business Growth
Client Partnership Overview: Quantzig collaborated with a leading Indian-based logistics unicorn to identify key skills required for future business growth.
Navigating Challenges: The client faced issues with aggressive hiring that didn't align with their expanding business, lacking consideration for future business plans.
Innovative Solutions Deployed: Quantzig constructed a framework, analyzing business expansion factors and creating a skillset requirement matrix. Advanced analytics models, utilizing the Markov principle, predicted expansion probability and future skill requirements. This enabled the client to make informed skill requirement predictions, optimizing hiring and training strategies.
Impact Achieved:
- 45% Reduction in hiring time
- 29% Reduction in vacancies
- 80% Increased visibility into future hiring plans
Client Snapshot: A major Indian logistics unicorn with $200+ million in market capitalization faced challenges due to misaligned hiring strategies and rapid business growth.
Addressing Core Challenges: Initial aggressive hiring led to strain on resources and infrastructure, hindering operational efficiency. The misalignment of workforce skills with business expansion created challenges in meeting demands.
Innovative Solutions Implemented: A comprehensive framework analyzed market trends, business projections, and industry demands to predict future skill requirements. A skillset requirement matrix and advanced analytics models predicted skills needed for each role, allowing proactive workforce planning.
