Project References

Industry :
Banking & Insurance

PMO & Portfolio Management

The Challenge

  • Client had made a major acquisition, and had therefore launched an integration program to realize synergy benefits
  • Key objectives of integration program were to :
    • Adjust employee mindsets to accept changes
    • Coordinate, support and monitor integration projects

Avertim's approach

  • Fine-tuned integration vision and breakdown of project into strategic phases
  • Implemented change management practices:
    • Developed "impact matrix"
    • Defined new processes
    • Developed "mobilization scorecards" for Top management
    • Communicated to all employees
  • Worked with PMO department to coordinate integration:
    • Provided tools and methodologies
    • Escalated issues to senior management when appropriate
    • Consolidated progress and financials and prepared reporting for senior management (incl. CEO)

Impact and added Value

  • Clarity for whole organization on where biggest organizational impact is expected
  • Buy-in and changed way of working for employees
  • Improved tracking & management of integration projects
  • Visibility of synergies achieved