Situation
A leading global company in the pharmaceutical industry faced the challenge of integrating internal functions following a major acquisition. The leadership team brought in Lauren Wambold Patel, a seasoned management consultant, to lead efforts in cost savings by unifying systems, streamlining processes, and consolidating teams to create a cohesive operation.
Action
Lauren Wambold Patel stepped in as the lead integrator for the finance organization.
As part of this work, she:
- Established a robust Project Management Office (PMO) to coordinate and oversee the integration efforts across internal finance functions.
- Identified and resolved integration roadblocks by collaborating directly with subject matter experts (SMEs) to ensure timely and effective solutions.
- Optimized workforce efficiency by reducing redundant roles to meet synergy targets while maintaining operational integrity.
Results
As a result, the integration was completed on time, achieving all objectives – including seamless financial compliance, measurable cost savings, and a return to business-as-usual operations within 12 months.