Another great article from McKinsey on the pivotal role of the transformation office. 

Many companies set up a project-management office (PMO), led by a spreadsheet-savvy analyst charged with tracking myriad transformation initiatives. Their transformation leaders attend PMO meetings, tick boxes, and generate reports. 

A few key points:

• An effective transformation office will reinforce the transformation culture at all times.
• An effective transformation office will approve initiatives through a structured stage gate process.
• Transformation offices will be unflinchingly fact based.
• Transformation office meetings are not about presentations and grandstanding they are about removing roadblocks and keeping the focus 100% on the transformation agenda.
• The transformation must establish a clear set of rules for the valuation and evaluation of transformation initiatives and everyone must be trained on the use of the rulebook.