Achievements
Banks - Insurance management - Project assignments
M&A
In order to perfect the target organization of this new entity, which resulted from a merger of two structures, and to manage a project to separate the management and contingency activities, this social welfare organization has called on IMT Partners to identify an interim manager who is able to carry out this transformation successfully...
Duration : 18 Months
Banks - Insurance management - Project
Change in scope of consolidation
In order to perfect the target organization of this new entity, the result of a merger of two structures, and to steer a project to separate the management and provident activities, this social protection organization called on IMT Partners to identify an interim manager capable of ensuring this transformation...
Duration : 18 months
Services - Chief treasury - Project assignments
"In the context of a regulatory upheaval, this organisation called upon the services of IMT Partners to provide it with support in the optimisation of the company's purchasing and accounts. With the benefit of an external perspective of the organisation, the management board entrusted IMT Partners with a project mission in order to create the accounts department..."
Our client is a joint institution and its decision to create an accounts department function involved a presentation to the management board and then a vote in a second session. With an awareness of how we work, based on the practice's record of success, our client lost no time in contacting IMT Partners so that they could be in a position to take rapid action in the event of a favorable outcome.
Given the nature of the project, the company had two strategic options: either to recruit a middle manager to create the role "personally", or to call upon the services of an experienced profile so that it could structure the perimeter before recruiting the future post-holder. It was on seeing the profile submitted by IMT Partners that the group opted for this second solution.
Story-board:
The duration of the mission was difficult to ascertain, and the parties agreed together adopt a high level of flexibility with a number of escape routes factored in at various phases of the project.
A carte blanche approach would facilitate the running of the project, which would not then suffer from the usual types of reticence when applying changes to an existing organizational structure is involved.
Attached to the finance department, the manager had a wide autonomy and ran the project in accordance with an action plan devised in collaboration with the finance manager:
- Compiling a technical specification issued in the form of a call for tenders to banks
- Establishment of a new mapping of financial flows
- Writing new group procedures
- Internal communication of the project
- Establishment of the IS and cash pooling
- Recruitment of the treasurer
- Training of key protagonists affected by the new processes
- Integration and mentoring of the future post holder
The transition manager has developed a high level of sector specific expertise over his 20 years of experience. Above all, he has carried out two similar missions for investment funds . He will, in particular, be calling upon these successful missions in order to select the service providers in interaction and in order to federate the internal key protagonists on the project.
Our client will retain the "profitability" that stems from the establishment of its accounts role, a mission whose costs were very quickly "self-funded" by the savings it generated. Our manager, for his part, will take some satisfaction from a "completed" mission having adopted an end to end autonomous stance.
Duration : 5 Months
Services - Treasury Department - Project
"In the context of a regulatory upheaval, this joint organization called on IMT Partners to help optimize the company's purchasing and cash flow. Taking advantage of this external view of the organization, the management committee entrusted IMT Partners with a project mission to create a treasury department... "
Our client is a joint organization, and its decision to create a treasury department, which had not existed until then, was to be presented to the board of directors and then voted on at a second meeting. Knowing how the firm operates successfully, our client did not wait to contact IMT Partners in order to be in a position to act quickly in the event of a positive response.
Faced with the project, the company had two strategic options: either it recruited a middle manager who would build the function "by hand", or it decided to use the services of an experienced profile to structure the scope before recruiting the future incumbent. The group opted for this second solution when it met the profile presented by IMT Partners.
Story-board:
The duration of the mission is difficult to determine, the parties agree together to be very flexible by providing for exits at different phases of the project.
Starting with a blank sheet of paper will facilitate the project, which will not suffer from the usual reticence when it comes to changing an existing organization.
Reporting to the financial department, the manager has a great deal of autonomy, and will lead the project by following an action plan established with the CFO:
- Drafting of specifications transmitted in the form of a call for tenders to banks
- Implementation of the new mapping of financial flows
- Writing of group procedures
- Internal project communication
- Implementation of the IS and cash pooling
- Recruitment of the Treasurer
- Training of key people impacted by the new processes
- Integration and mentoring of the future position holder
The interim manager has developed a strong business expertise during his 20 years of experience. Above all, he has already carried out two similar creation missions on behalf of investment funds. He will rely on these successful missions to select the service providers and to federate the internal interlocutors on the project.
Our client will remember the "profitability" resulting from the implementation of its treasury function, a mission whose cost will have been quickly "self-financed" by the savings generated. As for our manager, he will find the satisfaction of a "complete" mission by having taken the subject in autonomy and from start to finish.
Duration : 5 months