After the deal, or instead of one

Value creation, and the operating model underneath it

Most value creation plans are a list of ambitions with no organisation behind them and no money attached. The ones that work name what the company will stop doing, put a number and an owner on every line, and get reported the same way every month.

What belongs in a technology value creation plan?

Three things in the first hundred days, and no more: close the findings that block the year-one plan, agree the numbers the board will be governed by — cost, delivery capacity, one date that does not move — and start the one structural change with the longest lead time. Everything else is a year-one item. Plans fail because they carry ten priorities into a window that supports three.

Mandates

Where the work usually sits

  1. 01

    The hundred-day plan

    Sequenced, costed, owned by someone inside the business rather than by the fund. An operating partner can sponsor a plan; they cannot execute one.

  2. 02

    Why this company does not deliver

    Four to six weeks and a named list of limiting factors with evidence behind each. Prioritisation, end-to-end ownership, late definition, consensus without an arbiter, and incentives that reward not committing.

  3. 03

    Cost that stays down

    Rebuilding the run rate from the bottom instead of applying a percentage. Licences, cloud, vendors, contractors. Cuts that survive the following year rather than reappearing in another line.

  4. 04

    Contracts and procurement

    Usually the fastest uncommitted money in the building. Four programmes covering over €2.5B of technology contracts sit behind this, plus renegotiating bank facilities and vendor terms as a chief executive.

  5. 05

    Operating model and organisation

    How the function is structured, what it builds versus buys, how it is funded, and how the board can tell whether it is working. I have redesigned this at international operators and banks.

  6. 06

    Core systems and ERP

    Whether to replace at all and, if so, how to avoid the eighteen-month overrun that is the base case for these programmes rather than the bad case.

A plan that has stalled, or one you have not written yet

Either is a reasonable place to start. Tell me what the board has been told so far and when it has to be true by.