Financial diagnostic, cost optimisation and organisational transformation for a leading media company
A leading Australian broadcast and on-demand audio company, facing declining profits and reduced government advertising spend, was under pressure in a highly competitive market. Public reports had further impacted its share price and stakeholder confidence.
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Media & TelecommunicationsA leading Australian broadcast and on-demand audio company, facing declining profits and reduced government advertising spend, was under pressure in a highly competitive market. Public reports had further impacted its share price and stakeholder confidence.
We were engaged to lead a financial and operational turnaround. Working closely with the client’s executive team, we delivered a rapid financial assessment and collaborated on a revitalised operating model and cost optimisation strategy.
Our focus was on returning the client to sustainable profitability and rebuilding trust with its shareholders, employees, and audience.
How we helped
Objectives
The engagement’s key objectives included:
- Review current cost and revenue structures, including staffing and operating expenditure.
- Identify opportunities for cost savings and rationalisation.
- Provide clear organisational design and right-sizing recommendations.
- Independently assess the feasibility and impact of the proposed transformation.
- Create a practical roadmap with prioritised actions, recommendations, and rationale.
Rapid financial diagnostic
We quickly assessed the client’s financial position to identify cost-out and revenue protection opportunities. Using data-driven analysis, we worked with leadership to align financial strategies with key business drivers and provide actionable insights for decision-making.
New operating model and organisational redesign
In collaboration with the client’s executive team, we developed an operating model that was audience-first and built for sustainable growth. The redesign eliminated functional redundancies, streamlined roles, and clarified responsibilities. Five options were presented, with the preferred model receiving Board approval.
Medium-term cost and revenue uplift program
We designed a strategic framework for commercial initiatives to improve profit and accountability under the new model. Each program was fully planned with detailed timelines, dependencies, and next steps, ensuring clear execution and measurable results.
Outcomes acheived
- Improved financial oversight and visibility across key cost areas.
- A leaner and more agile organisational structure aligned with the client’s growth strategy.
- A clear roadmap for sustained profitability and shareholder value.
- Rebuilt trust and confidence among stakeholders through transparent, data-driven decisions.
