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How an Activist Transformation Office Supports Transformation Success

In the latest installment of our "Transformation in Action" series, BCG Managing Director and Partner Kurt Chauviere shares his expert perspective on what defines an effective activist Transformation Office. Discover how leadership from a Chief Transformation Officer, in close collaboration with the CEO, is crucial for driving impactful change. Welcome to the official YouTube channel for The Boston Consulting Group. Since 1963, BCG’s experts have been helping businesses, governments, and non-profit organizations build lasting advantage. As a leading management consulting firm, BCG empowers clients to make the changes needed to seize the competitive advantage and win. The independent spirit handed down from Bruce Henderson, BCG's founder—always challenging the status quo—has given the firm the courage to look beyond the obvious in pursuit of lasting solutions for our clients. Subscribe to BCG’s YouTube channel: https://goo.gl/hsFsVT Visit us at https://www.bcg.com

Boston Consulting Group

4 days ago

Many change programs have some kind of program management. Some will take a very passive role, while others are extremely active in all phases of a transformation. An activist TO is actively involved in and supports the overall project management, but it relies on individual initiative owners to take the accountability for the delivery and for the success of each individual initiative. Based on our experience, activist TO’s are the most effective in delivering impact. TO’s are typically led by a
Chief Transformation Officer, or a CTO, who together with the CEO and sponsors, becomes part of the Transformation Committee. The Transformation Committee will set the overall vision, ambition and general program, as well as signing off on financial and operational targets. The CTO also leads the Transformation Office, which orchestrates and tracks overall program progress, resolves issues and communicates that progress to different stakeholders. Workstream leaders work hand-in-hand with the CT
O and TO team to ensure the transformation success. The Workstream leader helps to guide bottom up planning and day to day execution of the resulting initiatives. Supporting and encouraging individual initiative owners where needed. Critically, the Workstream leader also proactively calls out and helps to manage interdependencies and risks throughout the life of the transformation. Within each workstream their initiative owners. Each initiative owner leads one or more initiatives which are each
specific projects that fit within a workstream. These initiative owners personally ensure delivery of each milestone. Where appropriate, they may also serve as subject matter experts who provide support to other initiatives in the transformation.

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