What was the challenge?
In January 2018, the Government announced that over £330 million from dormant bank and building society accounts will be made available to support youth unemployment and financial inclusion initiatives. Ambitious timelines were set out for two independent organisations to be launched to distribute the funding within six months and fully operational within 12 months.
How did we help?
Moorhouse was engaged by the Department for Digital, Culture, Media & Sport (DCMS) to provide specialist programme management support. We worked with DCMS to mobilise the programme and governance framework, develop an agile delivery plan and design a delivery model for the funding. Engaging with senior stakeholders and policy experts across Whitehall and with the National Lottery Community Fund, we developed the vision and purpose for the additional funding and the new organisations. We managed the recruitment and onboarding process for the Founding Chairs of the two organisations, which was overseen by an external recruitment company independently of the government, and developed high level business and operating model designs for the two new organisations.
What was the impact?
The programme management and governance framework allowed DCMS to meet the ambitious timelines set for this programme and ensured key stakeholders remained engaged and worked cohesively according to a shared plan. The two organisations (Fair4All Finance and Youth Futures Foundation) were successfully launched and are both now fully operational, with their own governance structures and boards in place, and are creating a positive social impact.
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