Even quite modest Change Projects often fail, costing small/medium enterprises a damaging amount of money. Losses extend beyond what was spent on the project because there will be added costs of re-working the project plus the lost opportunity cost of not being able to do what the project was to deliver. There is also the loss of staff confidence internally and a loss of confidence by the regulators in the governance and management capability of the Board.

It’s not unusual for the financial loss to be 3x the original budgeted project cost which, for smaller mutuals with limited capital, could be terminal for the business.

Mutual Governance has considerable Project Management skills and IT/Cyber expertise, which we have deployed in mutual financial services environments. This overcomes internal skills shortages and delivers strong independent assurance of change projects. Nearly all change projects have a large and complex Information Technology content, and mutual businesses often fall into the hands of the IT company providing the technology change to manage the project. Clearly, they have a vested interest in maximising their opportunity and so a clear conflict of interest arises.

We can help to bring an independent approach to preventing these difficulties.

 Our purpose is:

“To provide independent assurance and project management for programme sponsors and Boards, who need to know what is really happening, before change turns into an operational crisis and a financial loss”.

We achieve this by providing -

·      Project/Programme Design

·      Independent Progress Assurance

·      Supporting “Business As Usual” Adoption. 

If you would like to discuss how we can support you through change programmes, please contact us for a free consultation.