A clear, shared vision of success: Transforming a multinational investment manager to achieve ambitious financial targets.
A well-established, multinational investment manager sought to unlock its combined strengths in investment manufacturing and distribution by bringing together its operating companies to create a single global entity. Historically, it had been a loose federation of standalone asset managers, a model that was inhibiting its full value potential. The organization was plagued by divergent business strategies, limited focus on external opportunities, variations in product by region, multiple and misaligned cultures, and a patchwork of different systems and processes, among other challenges.
The company brought in KPMG professionals with a mandate to successfully integrate and transform the disparate parts of the organization into a single entity, while increasing operating profit by 300%. The challenge was to design and help execute a global business and operating model that would support a dozen businesses, deliver synergies as well as sustained revenue and profit growth across the cycle. Given the scale of transformation sought, the client was keen to use the 9 Levers of Value (9 LoV) framework to help ensure all components of the group were aligned in their pursuit of the ambitious target.
The GSG team worked to activate the vision, architecting an enterprise-wide transformation that would help drive financial performance improvements through the sale of more profitable investment solutions globally, while reshaping costs. Key drivers of enhanced financial performance would include:
The GSG professionals fleshed out, challenged and articulated what had previously been an unwritten CEO vision. In the form of a ‘CEO Room’, the engagement team brought the strategy for achieving the vision to life – with the required plan to successfully make the transformation – for the wider board and senior management. The board approved the strategy and the senior management team enacted the plan. With GSG’s subsequent involvement in implementation, the group achieved its objective of growing operating profit by 300%.
Unless the context otherwise requires, throughout this website “Global Strategy Group”, “GSG”,
“KPMG”, and “KPMG network” (“we”, “our”, and “us”) generally refers to the member firms of
the KPMG network of independent firms affiliated with KPMG International, a Swiss entity that
services as a coordinating entity for the KPMG network. KPMG International provides no client
© 2020 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in China, KPMG, a Macau partnership and KPMG, a Hong Kong partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited ("KPMG International"), a private English company limited by guarantee. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International.
For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.