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Embedding the VCO: Making it a permanent strategic capability

How to Evolve from Temporary Office to Enduring Value Engine

From project to pillar

By now, your organisation may have stood up a Value Creation Office (VCO), delivered early wins, and begun demonstrating its strategic value. But the journey doesn’t end with mobilisation. For the VCO to become a long-term asset, it must evolve into a permanent, embedded capability, woven into the fabric of how your business runs and delivers.

In this final instalment of our Value Creation Office series, we explore what long-term success looks like, and how to futureproof your VCO beyond the initial transformation push.

Making the case for permanence

The initial temptation is to treat the Value Creation Office as a time-limited transformation office, a “fix it and close it” unit. But as the organisation matures, the value of the VCO increases, not decreases.

Why? Because business priorities change. Leadership rotates. New initiatives emerge. Without a consistent capability to align, monitor, and optimise change, you risk sliding backwards.

That’s why firms need to position the VCO as a standing strategic function, just like Finance, Strategy, or HR, charged with:

  • Enterprise value oversight
  • Alignment of initiatives to changing priorities
  • Preservation of knowledge, tools, and reporting continuity
  • Cultural reinforcement of value-focused delivery

How the VCO evolves over time

VCO Stage Key Focus What Changes
Start-Up Quick wins & credibility Small team, limited scope
Growth Portfolio-level governance Introduction of benefit realisation dashboards
Scale Integration across departments Consistent delivery frameworks and KPIs
Maturity Strategic business enabler Embedded in planning cycles, budgeting, and talent

At Davies, we advise our clients to review VCO maturity annually and refresh its mandate to reflect evolving business needs.

Institutionalising the capability

To embed the Value Creation Office long-term, consider the following building blocks:

1. Governance integration

Ensure VCO insights and reports are formally part of board and committee meetings. Make value reviews as routine as financial updates.

2. Role formalisation

Codify VCO roles in organisational design. Appoint permanent VCO leaders, with clear career pathways, professional development, and succession planning.

3. Budget ownership

Assign part of the transformation or strategy budget directly to the VCO. This empowers the office to act decisively and plan long-term.

4. Systems & data infrastructure

Move from manual spreadsheets to integrated tooling that connects strategy, delivery, and outcomes. Many Davies clients adopt or extend enterprise-wide platforms to include VCO dashboards.

5. Culture & mindset

Embed the language of value across the business. Train delivery teams on how value is defined, measured, and protected. Make every programme accountable for benefits, not just outputs.

Reimagining the VCO as a strategic partner

By positioning the VCO as a neutral arbiter of value, it can advise executive leaders, shape future strategy, and act as a risk buffer against underperforming investments. Done well, it becomes a:

  • Challenge function: Holding delivery to account
  • Insight hub: Bringing clarity to complexity
  • Orchestration layer: Uniting silos behind a common purpose
  • Guardian of value: Ensuring what matters gets done

The organisations that thrive in the next decade won’t be the ones with the boldest vision, but those with the most disciplined execution.

The Value Creation Office is not a trend. It’s a necessity.

At Davies, we partner with clients to design, launch, and operate high-performing VCOs. and in many cases, we act as the VCO itself through our VCO-as-a-Service model.

If you’d like to explore what a long-term VCO journey could look like for your organisation, we’d love to talk. Get in touch to speak to our experts.

Meet the expert

Aven Kadhem

Principal Consultant

Banking & Markets

Aven is a transformation specialist with 11 years’ experience in Financial Services, focused on regulatory change, data management, and enterprise-wide transformation. She excels at analysing current processes, designing scalable future models, and driving optimisation across global programmes to unlock business value. Her strengths include stakeholder engagement, service integration, and leading change, most recently streamlining IT workflows, improving SLA performance, and reducing risk through automation and technology adoption.

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