Just as PMOs/PPOs are an essential aspect of any organisation wishing to ensure their projects and programmes deliver the value they were mandated for, behind any successful transformation is a Transformation Management Office (TMO). The TMO is the bridge between strategy and execution and will often oversee the activities of the PMO. Where project and programmes create deliverables and value, transformations create enterprise-wide change.
Menghrani GmbH’s approach to setting up your TMO identifies the level of current and anticipated change in three ways:
- Scope: What is the degree of transformation across the business?
How many parts of the business need to change? Is change within one or many lines (e.g., business segment, geography, operating infrastructure, etc.)?
- Scale: What is the degree of change compared to the current state?
Is this incremental or structural change? Will this be gradual, conditional or wholesale change?
- Cadence: What is the pace of change?
What is the frequency of change in the near- and mid-term? Will this be an agile approach or multiple short-burst concurrent projects?
One element that sets a TMO apart from PMOs is that the C-suite proactively supports the TMO’s mandate to transform the organisation. They ensure it has the highest priority when implementing and affecting change.
The TMO focuses on providing transformation leadership to the executive, executing the strategy and selecting and monitoring initiatives that deliver the strategy with the direct involvement of the C-suite. A well-oiled TMO communicates to both executives and the business on the progress of the transformation initiative as well as providing a centre of excellence in programme management expertise.
Transforming the business model to drive growth represents the greatest area of anticipated investment amongst large corporations. With new market forces driving competitive change, organizations should periodically review the role of their TMO office to ensure it continues to support the strategy of the organisation. Menghrani GmbH is ideally positioned to provide and independent, objective assessment and recommendations to ensure your TMO remains relevant.