Our Latest Thinking on Business Transformation

To extract maximum value from their business transformation programs, company leaders must understand what drives transformation success—and what derails large-scale change. Explore our BCG’s latest insights into the secrets of business transformation and learn how to boost the odds of delivering real impact.

Featured Insights

Drivers of Transformation Success

How Transformative CEOs Lead in a Crisis Rectangle

How Transformative CEOs Lead in a Crisis

Because most organizations have already launched short-term measures to respond to COVID-19, the challenge now is to build on that progress. Five leadership traits will be crucial.

Factors for a Successful Transformation: An Evidence-Based Guide

Seven evidence-based factors can boost your chances for a successful transformation.

The Truth About Corporate Transformation: An Evidence-Based Guide

What does data say about transformation success factors? Despite the high stakes of business transformations, many leadership teams rely on anecdotal, rather than empirical evidence.

Preemptive Transformation: An Evidence-Based Guide

It's never too early to transform. Preemptive transformations generate higher returns than reactive ones do, but they require a mindset of urgency, exploration, and flexibility.

M&A Turnarounds: An Evidence-Based Guide

Creating value from underperforming acquisitions is challenging. Buyers should keep these six critical factors in mind.

Expert Interviews

Execution Excellence in Large-Scale Change

Three-quarters of all large-scale transformations fail to deliver the planned results. BCG’s Christian Gruß explains how transformation programs can both deliver rapid impact and enable the organization to sustain the impact.

How to Drive Cost-Out Transformation with Rapid and Sustained Impact

Using a centrally managed program orchestrated across three phases, BCG TURN delivers rapid and sustained cost impact to clients. BCG Managing Director & Partner Mikko Tynkkynen explains how growth-minded cost transformation that links revenue and cost can create significant value.

How Full-Potential PMI Delivers Superior Results

BCG Managing Director & Partner Ib Löfgrén defines the concept of full-potential PMI—a powerful way to help clients deliver value by creating a platform for future growth—and shows how BCG is supporting clients beyond typical benchmarks for traditional PMIs.

How Can Companies Use Digital Levers to Improve Performance?

The People, Program and Leadership Journey in Transformation

The Soft Side of Operational Transformation

Half the battle in transformations is overcoming mental roadblocks to change in the organization. Here’s what leaders can learn from behavioral science to improve the odds of success.

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Are You Ready to Transform?

Change is hard, but readiness is all. Companies prepared to manage the leader, people, and program journeys can double their chances of success.

Insights for CTOs

Great Chief Transformation Officers Matter More Than Ever

Great Chief Transformation Officers Matter More Than Ever

Failed transformations come with a high price tag—including shrinking profit margins, lost market share, and diminished competitive advantage. In an attempt to avoid these woes, organizations often designate a company executive in charge of transformation. But as with transformations themselves, many such transformation officers struggle to succeed.

Industry-Specific Insights

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Forging Sustainable Change at Tata Steel

When one of the world’s biggest steel companies ran into a crisis, it successfully launched a major change initiative—and integrated the ability to change into its DNA.

Executive Interviews

Carlsberg’s Transformation and Reinvention

The brewing company’s president and CEO discusses its recent transformation—what spurred it, details of the implementation, and early results.

Transforming Procurement at Danish Crown

Lars Feldskou, Group CPO for Danish Crown, talks about his collaboration with BCG on a transformation to make Danish Crown work as one company.

On a Quest to Enhance Customer Experience: Centrica's Transformation Journey

Stefan Ermisch on the Outstanding Turnaround of a Public Bank

HSH Nordbank´s CEO, Stefan Ermisch, discusses one of the greatest turnarounds in the history of German banking.

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