Commonwealth Bank · Financial services

Re-aligning a £120M-a-year portfolio to double profit

Directed a £120M-a-year finance and people transformation portfolio for the CEO and CFO, re-aligning investment to the strategy and delivering the profit target.

£220Mannual EBIT uplift

Challenge

£120M a year was being invested in projects with no clear line of sight from that spend to the growth the bank needed.

What I did

  • Used Playing to Win to define the strategy, then Managing Successful Programmes to deliver it: one funded programme per strategic theme.
  • Put every executive in the room from day one, each owning a slice of the profit target.
  • Stopped non-strategic work, and replaced Core HR and Payroll within the operating model redesign.

Facing something similar?

A short, confidential conversation is usually enough to see whether it needs recovery, assurance or a second opinion.

Start a conversation →