


- Description
-
Wenco International Mining Systems Limited (Wenco), is a major provider of data technology to the global mining industry. Since its inception in 1987, the company has acquired over 30 years of experience in developing fleet management systems and mining software technology. Wenco was acquired by Hitachi Construction Machinery in 2009. Headquartered in the Vancouver area suburb of Richmond, British Columbia, Wenco operates offices on five continents and over 150 installations worldwide, helping mining customers raise productivity, decrease operating costs, extend the running life of mining equipment, improve mine safety, and increase the efficacy of decision making. Wenco has entered a period of rapid growth, but with that growth comes a number of major strategic challenges surround all aspects of its business. The company would like your support in addressing those challenges.
- Number of employees
- 51 - 200 employees
- Year established
- 1987
- Company website
- http://www.wencomine.com
- Categories
- Market research Product or service launch Sales strategy Marketing strategy
- Industries
- Mining, forestry & fishery
Socials
Recent projects
Change Management for rapidly growing technology company
This particular challenge focuses on helping Wenco manage change in a rapidly growing company. Wenco has been in a cycle of growth for the past few years and there have been many changes to the company in order for this growth to occur. One area of focus we would like to visit is change management. Solid change management can be beneficial to us moving forward. There has been so much change to Wenco over the past few years that students will be able to utilize the lessons from their course in multiple areas. To help us deliver our goal to recruit top talent, students are expected to: Work with human resources and executives on recent and planned changes to the company as it grows at a rapid pace Develop a change management plan and program to help the company and its employees cope and adapt
Recurring Revenues Solutions Strategy
This particular challenge focuses on helping Wenco increase the amount and relative percentage of predictable recurring revenues. The company has a well established strategic plan that will be shared in detail, but needs to transition its revenues from traditional "one deal at a time" high capital expense (CAPEX) sales to recurring, predictable operating expense (OPEX) sales. The company strategy identifies key growth areas such as data/IoT and autonomy, and has been funded by its parent, Hitachi Construction Machines, to develop a cloud platform to be able to deliver global solutions to a larger and wider global market. With these new initiatives comes the opportunity to create a solutions and serviced based pricing model that will achieve the goal of increasing recurring revenues. To help us deliver our goal to increase recurring revenues, students are expected to: Research our current strategy, through a detailed case study and confidential strategic plans that will be provided Develop a strategy to price existing and new solutions in a manner that shifts from one-off CAPEX to predictable, recurring revenue OPEX models. Prepare a business plan and presentation delivered to executives of the company
Change Management for rapidly growing technology company
This particular challenge focuses on helping Wenco manage change in a rapidly growing company. Wenco has been in a cycle of growth for the past few years and there have been many changes to the company in order for this growth to occur. One area of focus we would like to visit is change management. Solid change management can be beneficial to us moving forward. There has been so much change to Wenco over the past few years that students will be able to utilize the lessons from their course in multiple areas. To help us deliver our goal to recruit top talent, students are expected to: Work with human resources and executives on recent and planned changes to the company as it grows at a rapid pace Develop a change management plan and program to help the company and its employees cope and adapt
Talent Acquisition Strategy in hot Vancouver market
This particular challenge focuses on helping Wenco develop a strategy to recruit talent in a hot Vancouver market. We are currently facing an enormous challenge in the area of recruitment. Recruiting technology professionals in Vancouver (and the entire lower mainland area) has proven to be extremely difficult as more and more companies are targeting the same candidates. We are looking for creative ways to attract new employees. We would like suggestions on improving our postings, methods of recruitment and benefits within the organization (including education on what the norms are) in order to recruit top talent. To help us deliver our goal to recruit top talent, students are expected to: Research our current recruitment strategy, and highlight areas for improvement Compare Wenco's overall benefits, programs and processes to benchmark technology companies in the area (including outside companies such as Amazon and Microsoft who have established local offices) Create a plan to help Wenco recruit top talent in a hot market
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