Tessellate: A $118 M Transformation Case

Strategy
medium45 min0 submissions
Goldman Sachs
Scenario

Tessellate is a startup-stage developer tools business in US with $858 M of revenue.

The COO has proposed a $118 M digital transformation over 4 years. Roughly 47% of core operational processes are still manual or spreadsheet-driven. The business case claims 3.7% of revenue in annual run-rate savings once complete.

Complications the board is aware of:

  • Two previous system implementations were abandoned mid-way
  • Industry studies suggest 63% of transformations of this size miss their stated benefits
  • The proposal assumes headcount reduction that no one has yet discussed with the affected teams
  • The savings are back-loaded: almost none arrive before year 2

The CEO wants to know whether to approve it, shrink it, or reject it.

Supporting data

context

prior failed attempts
2
manual process share pct
47
industry failure rate pct
63

financials

revenue
858
investment
118
programme years
4
claimed annual saving pct
3.7

derived hints

annual saving
32
simple payback years
3.7
Your task

Advise the CEO. Your answer should provide:

  1. Analysis — the business case on the numbers, including payback.
  2. Risks — what makes this fail, and how you would detect it early.
  3. Recommendation — approve, resize, phase or reject, with a specific first step.

State any assumptions you make.

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How you'll be graded

100 points, 60% to pass.

  • business case25
  • execution risk25
  • recommendation25
  • problem structuring25
Hint
Reveal suggested structure

Business case and payback; risk-adjusted return; phasing and gates; adoption as the constraint