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Do You Need a Value Creation Plan?
Manage episode 293938955 series 2889059
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One thing that sets private equity apart is its relentless focus on value creation. That's why we have this channel. We want to bring PE value discipline to any digital transformation program.
A value creation plan, or VCP, is an enterprise-wide view of all initiatives that will improve the company. Above and beyond business as usual. These can be both digital and non-digital projects.
There are some best practices that make this value creation plans particularly effective. There are 3 great things private equity firms do when they create value creation plans.
1) Have very few but high impact initiatives
2) Have the right executive own the results
3) Treat value delivery as important as deadlines and budgets
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