Post by Anding & Company

💪 Build a strong engine behind your transformation   Transformation projects are synonymous with “long”, “people-intense” and “expensive.” The high cost and sluggish progress are typically accepted as the cost of fundamentally reshaping an organization. Yet, most transformations fall short of their goals. Our new playbooks – Transforming PE Portfolio Companies for Outperformance – we cover 8 common program pitfalls and present pragmatic fixes to build a running, efficient transformation engine.   Here are our core principles: 1️⃣ Define a no-regret scope of transformation and stick to it 2️⃣ Establish a central mastermind to plan and drive the program 3️⃣ Understand business processes first and involve IT ASAP 4️⃣ Define needed expertise and concentrate it in a small core team 5️⃣ Run an effective meeting cadence 6️⃣ Implement review mechanisms to keep high quality and remove non-performers 7️⃣ Carve out the right role for the management 8️⃣ Leverage AI for smart scale and organizational learning   Applied rigorously, these principles can reduce the program effort by as much as 50% 📊 Stay tuned for our upcoming posts, where we will deep-dive into these 8 fixes with tested and tangible guidance. Read the full paper on our website (link in comments) and feel free to reach out to Lyudmyla Kovalenko for more background. #PrivateEquity #OperationalExcellence #Transformation #ValueCreation #NewBusinessBuilding #PMI #DigitalTransformation #ProgramManagement #BuyandBuild #PE