Organizational Structure and Governance Models for Banking and Insurance

Organizational Structure and Governance Models for Banking and Insurance

the

problem

Why does no one see the whole journey?

Structure defines who does what: areas, teams, and roles. Governance defines who decides what, using what information, and at what level. They are two sides of the same coin, but they are often designed separately, at different times, and by different departments.

When the structure changes but governance doesn't, decisions continue to pass through areas that no longer execute them or through committees designed for a different organization. When governance changes but the structure doesn't, responsibilities are assigned to teams that lack the authority and information to take them on. In both cases, cross-dependencies arise, decisions bounce up and down, meetings are held to coordinate what the organization should resolve on its own, and strategy arrives too late for execution.

It's not enough to simply redo the org chart or the committees: structure and governance must be designed together, centered on how the organization creates value.

01

A joint diagnosis

The current structure and decision flow mapped out together: who does what and who decides what.

LSA Global

02

Structure around the value stream

Areas and teams organized around how value is delivered, with fewer dependencies and duplications.

McKinsey

03

Roles with real authority

Each role with the responsibilities, authority, and information needed to fulfill them.

McKinsey

04

Decisions at the right level

Clear criteria, responsibilities, and authority levels to make decisions with agility and consistency.

05

Feedback

The necessary information reaches the decision-maker and feeds back into the next decision.

06

Less coordination, more execution

Fewer coordination meetings, less waiting, and less ambiguity in execution.

what

we do

We design how the organization is structured and how it makes decisions

We map the value stream of a product or service in less than a month, in working sessions with your teams: where value slows down and what to change first.

With that diagnosis, we map the current structure and the decision-making flow—who decides, with what information, and where it stalls—and we design both pieces at the same time: the structure (departments, teams, roles, and communication flows, including digital teams and structures) and the governance model, with clear criteria, responsibilities, and levels of authority.

Structure mapping

Structure mapping

Organizational Structure Design

Organizational Structure Design

Roles and responsibilities

Roles and responsibilities

Governance and decision-making models

Governance and decision-making models

Decision-Making Flow Mapping

Decision-Making Flow Mapping

Role Improvement and Transformation

Role Improvement and Transformation

the

approach

How we approach structure and governance

We start from how the organization generates value, how it is organized, and how it makes decisions today; then, we design structure and governance together and test the changes. Each step builds on the previous one.

01

Start with the value stream

We use the existing value stream map or build it as a first phase.

02

Map structure and decisions

We document areas, teams, roles, and dependencies, as well as how decisions are made and how information flows.

03

Design the structure

We define areas, teams, roles, and communication flows aligned with the strategy.

04

Designing governance

We establish criteria, responsibilities, and levels of authority for each type of decision.

05

Test and scale

We implement changes within a limited scope, measure the results, and scale.

frequently

asked

Frequently Asked Questions about Organizational Structure and Governance

What is a governance model?

It is the set of criteria, responsibilities, and levels of authority that determine who decides what, using what information, and when. Its goal is to enable the organization to make decisions with agility and consistency.

Is it the same as redoing the org chart?

No. The organizational chart is just one part of it. We also work on roles, communication flows, and decision-making processes, which is where delays usually happen.

Who takes part?

By mapping how the company is organized today and how it makes decisions. With that diagnosis, it's decided what needs to change before planning the transformation.

How does it relate to the operating model?

Structure and governance are part of the operating model, alongside processes and systems. They can be addressed separately or as part of a complete operating model redesign.

other

services

Process Automation

Accelerating the organization through process automation.

We identify friction, inefficiencies, and data-driven opportunities. We automate what delivers value: higher performance, lower costs, and superior quality, all without compromising business stability.

define bettter

Designing or improving the customer experience across digital channels

We design and improve the customer experience from the first touchpoint to onboarding and ongoing service. We rely on user research and measurement to ensure the promised experience is the one delivered.

Digital transformation

Planning and execution of digital transformation processes

We turn strategy into an actionable plan. We align priorities, capacity, and the portfolio of initiatives so that the transformation moves forward with focus—without overwhelming teams, even in times of uncertainty.

Process Automation

Accelerating the organization through process automation.

We identify friction, inefficiencies, and data-driven opportunities. We automate what delivers value: higher performance, lower costs, and superior quality, all without compromising business stability.

define bettter

Designing or improving the customer experience across digital channels

We design and improve the customer experience from the first touchpoint to onboarding and ongoing service. We rely on user research and measurement to ensure the promised experience is the one delivered.

Digital transformation

Planning and execution of digital transformation processes

We turn strategy into an actionable plan. We align priorities, capacity, and the portfolio of initiatives so that the transformation moves forward with focus—without overwhelming teams, even in times of uncertainty.

cases