Transformation

Leading transformation is one of the most critical roles in any organisation, as the firm seeks to evolve systems, processes, technologies and the workforce. Understanding the potential challenges and best practice opportunities to drive a successful result is critical, so in this DIGEST article we bring together recent analysis and articles from McKinsey, Forbes Magazine, INSEAD, Kellogg Northwestern and Harvard Business Review. “Transformation is perhaps the most overused term in business. Often, companies apply it loosely—too loosely—to any form of change, however minor or routine. There are organizational transformations (otherwise known as org redesigns), when businesses redraw organizational roles and accountabilities. Strategic transformations imply a change in the business model. The term transformation is also increasingly used for a digital reinvention: companies fundamentally reworking the way they’re wired and, in particular, how they go to market.” (Bucy, Hall & Yakola, McKinsey 2016) Five Areas to Focus When Leading Transformation KarthikContinue Reading