Case Study: Mitigating Risk through Cross-Project Deployment

Case Study: Mitigating Risk through Cross-Project Deployment image

Executive Summary

CodeOneX, an IT Staff Augmentation firm, faced obstacles in attracting and retaining contract-based candidates, managing unexpected job position closures of clients, and handling resources during the contractor stand-down period. To overcome these risks, CodeOneX deployed its adept IT resources across multiple projects, which benefited all parties involved, including the employees, CodeOneX, and the clients.

Introduction

Initially, CodeOneX started operations with IT Staff Augmentation and dedicated teams for web development. However, before forming the company, CodeOneX encountered risks in deploying its IT resources to other projects for non-IT companies. As a solution, CodeOneX initiated cross-project deployment to its own and external clients’ projects, reducing the risk of losing valuable resources from the company.

Problem/Challenge:

CodeOneX faced three primary challenges:

  • Attracting and retaining candidates on a contract basis.
  • Managing sudden closures of job positions of clients.
  • Handling resources during the contractor stand-down period.

Solutions

CodeOneX implemented the following solutions to mitigate these risks:

  • Utilized high-earning IT resources for CodeOneX’s internal and external projects.
  • Hired an experienced IT head to manage the resources and projects.
  • Identified the tech stacks of each resource and deployed projects within their scope.
  • Conducted a skill survey of all resources to understand their preferences and encouraged them to work additional hours to earn more and gain experience.

Implementation

CodeOneX provided employees an added benefit by using resources in the company payroll. Employees were allowed to work for clients during normal work hours and on CodeOneX projects during additional hours. This initiative allowed CodeOneX to use its skilled resources for internal projects without hiring new resources and mitigating the risk of turnover.

Results

Cross-project deployment enabled employees to work on various projects, gain more experience in their tech stacks, and increase their earnings by working additional hours. CodeOneX was able to use its skilled resources for internal projects and reduce the risk of losing valuable resources. Employees could work full-time for CodeOneX projects during the stand-down period of clients, ensuring that resources were not wasted.

Conclusion

CodeOneX successfully mitigated the risk of losing skilled resources by utilizing them for internal and external projects. This initiative benefited all parties involved and provided opportunities for employees to gain more experience and increase their earnings. Cross-project deployment allowed CodeOneX to overcome challenges such as attracting and retaining candidates on a contract basis, managing sudden closures of job positions of clients, and handling resources during the contractor stand-down period.