The Challenge: Integration Complexity After Acquisition
Following a successful acquisition, a Fortune 500 pharmaceutical company faced the challenge of streamlining a spectrum of business operations across over 30 commercial markets for day-to day operations such as: finance, IT, regulatory, and supply chain, to deliver innovative products more efficiently and effectively.
After 8 months, leadership recognized that the integration was stalled. They determined that project teams were still operating in silos and were inefficient.
The Solution: Process Restructuring and Optimization
Our 2-month long discovery process led to an enhanced and more efficient integrated project operating model. We collaborated with key stakeholders to guide the implementation over a 2-year timeframe.
To lead the course correction, we assessed all project teams’ key activities and their decision making and governance processes. We then reported root causes and proposed solutions. This resulted in an integrated project framework to improve and optimize the process.
Our solution involved creating a global cross-functional project schedule to manage interdependencies and complexities, enhance decision making process, integrate change management, and a communications plan to ensure long-term project success.
Our Consultants…
- Identified the Root Causes of Failure
- Created Guidance for Streamlined Project Management Process
- Identified Change Management and Communication Gaps
- Briefed Change Management and Communication Experts to Guide the Transition
