With this in mind, he founded Transformation Factory, aiming to support managers in the definition and implementation of their strategic plan, ensuring alignment between vision and execution.
Unlike the consulting market, which is often segmented between large strategic firms and management firms, Transformation Factory offers integrated consulting, covering both general management and middle management, with a focus on achieving strategic results.
Today, the consulting market is fragmented, made up of large strategy firms which offer their services mainly to general management, and management consulting firms which are focused on the execution part and offer their services to middle management. .
Transformation Factory bridges these two services, providing unified advice between strategy and execution, which they offer to both general management and middle management.
Abdelfattah Lachguer, founder and director of Transformation Factory
The Impact of Sustainable Finance for Financial Services Players
A consulting specialist for banks and insurance companies, Transformation Factory supports them in the development of strategic roadmaps converted into projects and initiatives, with an emphasis on sustainable finance.
Since 2019, the firm has focused on issues such as controlling transition and physical risks, biodiversity, and initiatives around the circular economy.
For the firm, sustainability encompasses climate issues, biodiversity and the circular economy.
Faced with new environmental expectations, the firm underlines the importance of ESG criteria in the financial sector.
Financial players must develop transition strategies for their sector and for the clients they finance, assessing their capacity to impact their business model and their solvency.
We are witnessing a paradigm shift.
Where financial players were primarily interested in the solvency of clients, now we are interested in what these clients do with the money we finance for them.
Abdelfattah Lachguer, founder and director of Transformation Factory
Integration Framework: The Transformation Factory Approach to Artificial Intelligence
Transformation Factory also plays a key role in innovation, particularly in data management and the integration of artificial intelligence (AI).
The firm identifies three major issues: technological, sustainable finance, and linked to operating methods and demographic change.
These challenges include the adoption of technologies like AI, cybersecurity and technology obsolescence.
Regarding AI, the firm recommends an integration framework with ethical rules for its use, affirming that innovation must be oriented towards specific use cases before being industrialized.
The Distinctive Method of Transformation Factory to Secure Projects
Transformation Factory adopts a global approach, intervening on the strategy and execution of projects.
To secure the latter, the firm has developed a method based on three principles: freedom of action, concentration of forces and economy of means, promoting efficiency and initiative.
This distinctive approach is a pillar of the long-term trust placed by its clients.
Just as the firm has been able to captivate and attract the best talents, made up of experienced consultants trained in the largest international banks, within Luxembourg private equity companies and prestigious investment funds, it has also brilliantly succeeded in retaining them thanks to to a unique business philosophy.
At Transformation Factory, the traditional hierarchical structure based on ranks gives way to an innovative organization in circles.
In this dynamic, even a junior consultant has the opportunity to become leader of a circle, focusing on vital areas such as communication or firm strategy.
This entrepreneurial and proactive approach promotes the involvement and development of talents, capitalizing on their intrinsic qualities and their leadership capacity, while avoiding constraining them into a predefined mold.
The firm focuses on leveraging individual skills to deepen specific areas of expertise.
The result ?
An exceptionally low turnover rate within the team, reflecting a high level of commitment and satisfaction