An ELECTRONICS company – Getting the programme back on course
Background
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
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Overall Robustness and effectiveness
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Actual project costs, including potential disruption to operations against planned.
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Actual progress against planed milestones
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Validation of planned benefits
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Resources
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Project Management and Governance
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Risk assessment
In addition, we assessed the effectiveness of interdependent processes such as purchasing and New Product Introduction
Results
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.