Transformation programs and the reinvention of organizations
Transformation agendas are driven by performance goals, the need to stay ahead of competition, or even disruptions taking place in the market
“Transformation isn’t about improving. It’s about rethinking.”
– Malcolm Gladwell
Transformation is one of the riskiest, sometimes the most unpredictable and often earth-shaking thing a company can choose to do. But one success can set the organization on the path to future accomplishments like nothing else can.
More difficult to design than change programs, transformation agendas are driven by performance goals, the need to stay ahead of the competition, or even disruptions taking place in the market. Virtually everything about the way a business is conducted could potentially undergo change.
In other words, to reinvent the organization and discover a new business model that can help the organization realize a compelling vision for the future is what a transformation is undertaken for. However, it is considerably more unpredictable and iterative than change. What’s more is that it comes with much higher risk. According to a McKi...
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