Product operating model design for a multi-national financial services organisation

The challenge

Programme led, centralised delivery hindering flow

The client’s centralised change delivery was hindering flow, causing fragmented accountability, and inconsistent prioritisation. Value was trapped in hand-offs across Change, Engineering and Ops. Funding was annual and output led; and governance was heavy on artefacts, light on outcomes.

The client needed a clear, executive owned design to pivot from projects to products - aligning accountability to value streams, improving flow efficiency, and creating a practical path to adopt modern product ways of working.

The APPROACH

Designing a product led operating model

We co-designed a target operating model anchored on value streams and tribes/squads with Product, Tech and Design at the core. We defined chapter (capability) and guild (practice) constructs, decision rights and role clarity (PO/PM, Tribe Lead, Chapter Leads), and the measures (throughput, lead time, load, DORA) to steer delivery.

We re-engineered demand & funding from annual project capex to product-based, rolling horizons with guardrails, and introduced lightweight governance rhythms - QBR/ABR, cross-tribe dependency management, risk & compliance embeds, and a scaled scrum-of-scrums cadence.

We also mapped interim states and pilots, set adoption criteria, codified playbooks for planning, prioritisation and capacity and built a sequenced roadmap for transition, including platform as a product and shared platform ownership.

THE Results

Business-approved implementation playbook

  • Executive-approved blueprint with clear decision rights (incl. product ownership), tribe/chapter/guild design and governance cadences
  • Faster flow by design: measures and playbooks to cut wait states and hand-offs and improve predictability
  • Funding model shifted to product value: rolling, guardrailed budgets enabling continuous prioritisation and clearer cost to value signals
  • Pilot to scale confidence: phased roadmap, pilot candidates and interim states to de-risk the pivot and accelerate adoption