Following a strategy development engagement for a financial services provider, we set up an implementation management office (IMO) to execute the strategy.
The IMO was formed to execute the proposed strategy at different tiers (Board/ Corporate, Divisions, Teams/Individuals).
The IMO included 5 dedicated analysts from Stax who worked with various client departments who worked on executing the identified strategic initiatives.
A governance system was developed for monitoring and controlling the project plans to ensure successful implementation of the key initiatives.
The IMO also conducted market congruency tests and change management initiatives to enable smooth execution.
The Client was able to execute a complex strategy by breaking it down into manageable project plans for identified strategy objectives.