Editorial
I am a big fan of the RASCI Methodology. Had used this methodology for the first time for a large gas company many years ago. This first brush with RASCIs was a rocky one, though. Blame it on a poor attempt to translate the methodology.
Indeed ‘A’, usually standing for Accountable, became “acteur” (stakeholder), and ‘R’ usually standing for Responsible became “Responsible” (accountable). So for those that know the methodology, the A just became the R and the R the A … you can imagine the surprise of the other European teams when we shared our results. For the others, go straight to the article included in this edition.
Designing organizations is much more complex than simply crafting an organization chart. You need to make sure that the organization system is working properly considering, at the same time, the structure, the processes, the culture, and the people. All this without jeopardizing the dynamics in the existing set-up by creating unnecessary anxiety.
In this issue of This Week in Consulting, we explore good practices to make the matrix work, how to change behaviors, how to define and embed values, how to avoid losing momentum during a reorganization and how organization design can make or break a deal.
Enjoy the read. Feel free to comment. Would love to hear your views.
Laurent THOMAS
Chairman Consulting Quest
This week’s must read
In This Week’s Must Read, how to change behaviors, how to define and embed values, how to avoid losing momentum during aa reorganization and how organization design can make or break a deal.
Following the conclusion of an M&A deal, companies need to undergo an organization design process as a part of their post-merger integration (PMI). When organization design is done poorly, the two businesses remain misaligned, destroying value. Conversely, when it’s done right, leadership teams can capture the full projected value from a deal and set up the new entity for long-term success. This insightful piece from BCG offers five imperatives that companies can follow to capture the full projected value from an M&A deal.
This week’s media
Organization design is the blueprint you create to ensure that your organization has the suitable structures and resources to deliver on the business strategy. This video explains what Organizational Design (or OD) is and how it contributes to the success of an organization. Find out everything you need to know about Organizational Design in this video.
Thought Leadership
Your company must be proud of its core values and leaves no stone unturned when it comes to displaying them. But are your employees living those values? Do they work in a way that supports these values? If not, your company has failed to build an emotional connection with your employees. And unlived values are a sure formula for failure in the war to attract and retain top talent. What are the three things you need to do to embed values into your company culture?
This week’s consulting news selection
Ending a week-long speculation, EVO confirmed the acquisition of Complete Business Solutions (CBS), a leading provider of business supplies and services. Andrew Gale, CEO of EVO stated that CBS is a great addition to the EVO group of companies and will operate as a stand-alone business. |
Ending a week-long speculation, EVO confirmed the acquisition of Complete Business Solutions (CBS), a leading provider of business supplies and services. Andrew Gale, CEO of EVO stated that CBS is a great addition to the EVO group of companies and will operate as a stand-alone business. |
Yvette Austin Smith, a recognized finance expert has joined FTI Consulting’s Compass Lexecon subsidiary as a Senior Managing Director and Chair of its Global Finance practice. In addition to providing expert testimony, Ms. Austin Smith advises special board committees on M&A litigation matters and serves as an independent fiduciary and bankruptcy trustee.|
Nicola Hodson is the new Chief Executive of IBM in the UK and Ireland. Dr Hodson succeeds Sreeram Visvanathan who is leaving IBM following a 22-year career|
Laurent is the Chairman and Co-founder of Consulting Quest. Focused on greater value creation, and being thoroughly familiar with Consulting, Laurent has sourced and sold millions of dollars worth of Consulting over the course of his career. Prior to joining Consulting Quest, Laurent was Executive Vice President Oil and Gas at Solvay and Senior Partner Transformation at Oliver Wyman.
