An ELECTRONICS company – Getting the programme back on course
Our client, an FT250 Electronics business, was undergoing a significant transformation programme, covering all aspects of the business, aimed at creating a larger and more profitable business. Following the appointment of a new CEO, we were asked to provide an objective perspective on the project and overall risk assessment
What We Did
We conducted a Material Risk Review and Assessment of the overall programme, using our SustainableChange methodology, with emphasis on key elements
Overall Robustness and effectiveness
Actual project costs, including potential disruption to operations against planned.
Actual progress against planed milestones
Validation of planned benefits
Project Management and Governance
In addition, we assessed the effectiveness of interdependent processes such as purchasing and New Product Introduction
Following our recommendations, a number of corrective actions were put in place, to ensure the achievement of the business objectives and mitigation of risks.
We also reported on a number of wider issues identified during the review, related to the business model, the approach change management and the lack of integration with other improvement activities.
A new programme, with a revised scope and new objectives, was launched. It was led by a senior executive of the business and incorporated our recommendations on the wider issues.