The true essence of a transformation is a marked change in form, nature or appearance. When we refer to the transformation of an organization, it states the process of developing a [strategic] plan to alter the business processes through modifying policies, procedures, and processes to move the organization from an "as is" state to a "to be" state.
Most transformations essentially fail because the leadership teams fail to deliver. So, what does it take to transform and succeed?
The first step is foresight and clarity of vision. It is imperative for the leadership team to understand the marketplace, key offerings, differential proponent vs. competition, value proposition of its (new) offerings, to name a few. There must be a definitive plan to execute the vision and mission of the company to the clients, employees, business partners, investors, government regulators, external stakeholders, etc. Many CEO's do not think through all these parameters carefully nor understand the 360...
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