Optimizing Operations & Governance
Background
The Alta Group conducts projects in four lines of business. Its work is focused on client objectives. Alta follows a collaborative approach with its clients and remains engaged with the client through successful implementation of the value delivered.
Client’s Objective
Optimize operating structure and governance of a recently acquired bank affiliated leasing company
Project Design
- In conjunction with the client, develop a benchmark study to include five comparative bank affiliated leasing companies
- Conduct in depth interviews with the benchmark partners
- Evaluate the interview responses within the context of the client’s objectives
- Arrange client meetings with the benchmark partners to add additional depth
- Present findings to the client’s board of directors
Value Delivered to Client
- A clear picture of alternative operating and governance structures actually used in the industry
- Recommendations for the application of these structures to the client’s specific situation
- Better understanding of the issues by the board of directors
- Establishment of networking relationships with important benchmark partners
Outcome
- More knowledgeable structure and expectations developed to support the line of business concept
- New operating and governance structure incorporated into the strategic plan
