There are so many things broken with this company it’s hard to know where to start.
The constant drive to cut cost under Jon Lewis has lead to a hollowed out company where most of the profit making businesses have been sold.
What is left is high cost, low margin businesses.
This has cost the company a lot of its top talent who have been sold off or left.
There is a culture of businesses in Capita trading with each other and adding margin on margin. As such the eventual price to the end customer is not competitive.
This is reflected in the profitability, the markets and analysts view of Capita and consequently the share price of the organisation.
The engagement of several external consultants simultaneously in the past few years advising on reorganisations has been a failure.
These constant failed reorganisations just create an illusion of change, The changes have failed to generate real, tangible changes in behaviours and outputs to the customers because change is never given time to embed. It’s a constant cycle of business processes being thrown up in the air for the people who are delivering. This forces people to focus inwardly on rebuilding processes and workflows and not on customer needs and delivery.
The consequent level of change fatigue amongst the employees means people have stopped trying and more importantly believing.