Transformation management office | Effective central steering is essential for sustained results along the full transformation journey Strong transformation governance centers around 3 transformation roles with complimentary skill sets Transformation The TMO isthe heart of the management transformation, ensuring that change office happens and the results are delivered Transformation committee Case example CEO Transformation Sponsors management For years, a global company had struggled to implement cost CTO office (TMO) initiatives across a decentralized organization, resulting in cost levels above peers and a limited ability to fund strategic moves. d. CTO erve TMO team esr Starting a new cost transformation, leadership decided to strengthen ights the global TMO and mirror the TMO setup in all regional divisions. rl Al. oupr The regional TMOs were responsible for execution using global G ting expertise and local tailoring. A strong collaboration between the sul TMOs also resulted in increased knowledge sharing across regions. on C ton osB by … Workstream Workstream Workstream … The company executed a very successful cost transformation and 2 1 2 3 decided afterward to keep the setup for future strategic moves. 202 © ight 18 opyrC Source: BCG analysis