Transformation & Organization

Transformation

Today’s business volatility is unprecedented, and regardless of whether the causes are new technologies and digitization, emerging competition, mergers, blurred boundaries, changes in regulation, shifting demographics, or other factors, the message is clear, transformation isn’t an option, it’s an imperative.

Forward thinking organizations are launching transformations even when they dominate a market or territory, effectively re-organizing themselves so they can stay ahead.  The goal is transformation that’s focused, sustainable, and able to deliver measurable results.  It may be time to assess your transformation urgency, and as a resource refer to our guide to Transformation Success.

Transformation Factors

Transformations don’t follow a standard issue or template model; they need to reflect the challenges unique to each situation. Nonetheless, there are some factors we consider key ingredients that drive long-term success:

Starting a new chapter

Companies make a conscious decision to go beyond the efficiency moves and refocus on growth and innovation.

Forging a new Vision

Companies articulate a clear shift in strategic direction, coupled with room for experimentation.

Structural Innovation

Companies innovate across multiple dimensions of the business model, not just in products and processes.

A Commitment

There’s persistence from leaders in the face of inevitable setbacks and internal opposition to unproven shifts in strategy.

Separation

There’s a willingness to shift from the historical core business model and its underlying assumptions, often by creating a deliberate degree of separation between the new business model and legacy operations.

Adaptive & flexible

Transformation unfolds through trial and error, with ongoing refinement of a flexible plan.

Shots on Goal

Companies don’t pin growth hopes on a single move but rather on deploying a portfolio of moves to drive growth.

Patience

There’s adherence to the vision over a multiyear period.