These were originally written address large company transformation. Many of the concepts apply to startups, small and medium companies,
What is business transformation?
Overview Transformation may include up to five types of changes. Corporate leadership must always be transforming itself. What is driving the need for transformation? Company is not changing as fast as customer and company ecosystems. Decreasing: market size, market share, and customer satisfaction. Business model and corporate leadership not competitively differentiated. Financial results not competitively … Continue reading What is business transformation?
Do you need to transform you company?
Ideally, you will begin to transform your company before a crisis forces change. You are focused on the future and considering whether there will be changes which require you to transform. What will be driving the need for transformation in 5-10 years time? Consider first your target customers and their ecosystem. The consider your company’s … Continue reading Do you need to transform you company?
How do you succeed with transformation?
Overview What are the facts regarding your current situation? What is driving the need for transformation? What is the scope of transformation? Corporate leadership must always be transforming itself. What are the success principles for transformation? This article (supported by a one-page slide) is intended to enable discussion and action planning among owners/shareholders, boards … Continue reading How do you succeed with transformation?
Why is trust critical for transformation success?
Transformation will fail without trust in the change leadership. Why is that? Successful transformation demands that people trust and believe what they are hearing regarding: Why the current situation is not viable in the long-term. Why transformation is needed. What the future looks like and the path to the future. “What in it for them”. … Continue reading Why is trust critical for transformation success?
