Technology firm\u00a0Business Connexion (BCX) has announced that it has initiated a reorganisation process to accelerate its\u00a0positioning as a global player.<\/p>\n
This process includes a change in the group’s executive team and\u00a0the creation of a new Group structure.<\/p>\n
Business Connexion said that a strategic office, led by Vanessa Olver (Deputy CEO), has been established to assist in\u00a0accelerating the execution of key elements of the group strategy.<\/p>\n
Isaac Mophatlane (chief sales and marketing officer) will lead global sales, marketing and
\ncustomer management. “All regional heads across the continent will also report to Isaac,” BCX said.<\/p>\n
Over the coming months, the current business units will be organised into agile entities, clustered\u00a0into three divisions:<\/p>\n
The group said that executive teams for these divisions will be announced in due course; however, it added that minimal changes are\u00a0expected within the operating business units.<\/p>\n
Jane Canny (COO) will be responsible for the global operations of the Converged Infrastructure Solutions and Business Solutions divisions.<\/p>\n
Matthew Blewett (chief investment and alliance officer) will be responsible for Mergers and Acquisitions and the Investments and Alliances division.<\/p>\n
CFO, Lawrence Weitzman, and Group HR executive, Grace\u00a0Dipale, will support the reviewed group executive leadership team.<\/p>\n
Benjamin Mophatlane, BCX CEO, said: “The new structure\u00a0will provide the platform to put our customers at the centre of everything we do by clustering\u00a0associated services, improving efficiencies and enabling the group to grow key regions across\u00a0the continent.”<\/p>\n
“As the largest employer of IT professionals on the African continent, the new structure will also\u00a0enable us to deliver services and solutions that address the evolving needs of our customers by channeling talent more efficiently, improving collaboration across the organisation and leveraging\u00a0the strength of our collective assets.”<\/p>\n
In November, the group\u00a0reported a 17.3% rise in operating profit\u00a0for the year ended August 2013, to\u00a0R322.6 million.<\/p>\n
Revenue increased by 5,9% to R6.17 billion, while normalised diluted headline earnings per share of 52.6 cents, was better than 50.6 cents in 2012.<\/p>\n
“The transition into the new structure is expected to be completed in the last quarter of the\u00a0financial year and teams of senior executives have been put in place to ensure business
\ncontinuity and the delivery of current targets,”\u00a0BCX said.<\/p>\n
In May last year,\u00a0Business Connexion entered into a business for share agreement, and a sale of shares agreement with UK firm NorthgateArinso, and its wholly owned subsidiary, Arinso.<\/p>\n
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