DBMC is a driver for executing Deutsche Bank’s strategic initiatives. We bring deep understanding of how the organization works as well as expertise in executing and implementing transformational change projects and programs. We work side-by-side with our clients to build capability and apply best practice that supports change in complex, large scale programs.
We work with clients from project initiation to execution and capability building. We quickly scope, structure, and ramp-up projects, and deliver impactful and sustainable results.
Examples of a few projects delivered by our ‘Strategy Execution’ proposition are below.
Deutsche Asset Management / DWS Initial Public Offering, Germany
DBMC took on the responsibility for modelling a scenario to run an Initial Public Offering (IPO) for Deutsche Asset Management. The Deutsche Bank Management Consulting team was driving the analysis and preparation for the relevant separation activities in a scenario of transaction execution within 12 months of initiation.
The team was engaged and involved in particular in the four key transaction aspects:
- Preparation of the strategic decisions on the preferred IPO scenario, the business in scope as well as the degree of separation for the relevant IPO scenario
- Set-up of the project organization related activities such as the internal governance and appointment of workstream leads
- Preparation of the initiation phase, e.g. tendering process for legal counsel, potential third party investment bank advice, relevant consulting input
- Analysing the scope, degree and approach to the business separation, e.g. definition of type and scope of the transitional service agreements, documentation of 3rd party contracts and licenses requiring change of control notification/ agreement, and defining a path to execute such
Brexit, Germany & United Kingdom
The DBMC team worked closely with various units of the Corporate and Investment Bank to identify the impact of Brexit on our businesses and control functions. The open-ended nature of the Brexit negotiations between the EU and the UK created a challenging working environment that needed to allow for uncertainty and frequent realignment with regulators.
“The UK’s exit from the European Union affects the whole bank: across business divisions and infrastructure, and functions from risk to human resources. It is fascinating to work with such a wide range of stakeholders. You really need to understand how Deutsche Bank works.”