To read this content please select one of the options below:

Moving towards agile: managing Loxon solutions’ hiring strategy, organizational development and agile transformation

Adrienn Tóth (Budapest, Hungary.)

Publication date: 9 December 2021

Abstract

Subject area

This case focuses on organizational development, leadership and HR management questions.

Study level/applicability

This case is mainly aimed at students specialized in leadership, organizational development and HR, or in MBA and executive education. However, undergraduate students can benefit from it as well and learn about key terms related to organizational development and HR.

Case overview

Loxon Solutions is a Hungarian technology startup founded in 2000 that develops various software solutions for the banking industry to improve processes such as retail and corporate landing, collateral management and monitoring, among others. The company grew significantly since being founded, and from a small IT company it became a significant player in the banking software industry all around the world. However, with rapid extension comes a drastic internal transformation as well: Loxon now employs 252 people, has 5 physical offices in 2 different countries and is trying to balance an effective organizational structure and a friendly startup environment. It is clear that the company needs to adapt its previously informal structure to fit the now middle-sized organization while maintaining the current benefits of their culture. Also, they require stability and maturity which the current team consisting of mostly junior employees and the significant fluctuation cannot provide. Tamas Erni, the CEO and Kristof Farkas, the founder of Loxon are now working on these pressing issues with the company’s HR department to rethink the company’s organizational structure and policies as well as their hiring and employer branding strategies.

Expected learning outcomes

Students should get familiar with typical organizational structure models, the meaning of Employee Value Proposition and main KPIs related to hiring and employee retention.

Supplementary materials

Teaching notes are available for educators only.

Subject code

CSS 6: HR Management.

Keywords

Acknowledgements

The case study was prepared based on the input and data provided by Kristóf Farkas and Eszter Tarcsa from Loxon Solutions.Disclaimer. This case is written solely for educational purposes and is not intended to represent successful or unsuccessful managerial decision-making. The authors may have disguised names; financial and other recognizable information to protect confidentiality.

Citation

Tóth, A. (2021), "Moving towards agile: managing Loxon solutions’ hiring strategy, organizational development and agile transformation", , Vol. 11 No. 4. https://doi.org/10.1108/EEMCS-05-2021-0152

Publisher

:

Emerald Publishing Limited Bingley, United Kingdom

Copyright © 2021, Emerald Publishing Limited

Related articles