Philip Jones explains why prioritization is the unsung hero of any major transformation.
Moundir Rachidi discusses how great Chief Transformation Officers can lead organizations to achieve big results in short time frames.
Senior leaders must hear the full, unvarnished truth from employees. Use simple rules of thumb and checklists to gauge and ensure your organization’s openness to productive dissent.
The odds are stacked against leaders who manage major organizational changes. But those who model the behaviors they seek and are persistent, hypervigilant, and flexible can improve their chances of success.
If everything is a priority, nothing is a priority. What do companies focus on in the critical early stages to ensure a successful transformation?
Instead of defaulting to the standard change management methods, leaders should adopt strategies of change that respond appropriately to the specific characteristics of their change context.
To get beyond the starting line, CEOs need to approach the challenges of sustainability from a strategic and value-creation perspective in terms of both the questions they ask and the answers they seek.
Keep resilience on the transformation agenda. Change programs that prioritize growth, debt reduction, and operational flexibility realize the full value of resilience and build advantage for the next crisis.
To address disruption from COVID-19, companies need to reimagine their business models with transformation that both sustainably accelerates growth and generates shareholder value.
The coronavirus crisis brought renewed attention to the value of resilience. Our research shows that resilience has an outsized impact on performance, and companies can take certain steps to put it into practice.
These technology initiatives can help companies generate fast, sustainable gains without the need for a full-scale transformation.
With so much at stake, why do so many companies fail?
A successful transformation leads to increased profitability and strategic advances, as our latest survey shows. But not enough companies are getting it right.
How are the companies in your industry doing?
The real-world experiences of a business leader who has seen change efforts up close—while serving as CEO, board chair, and director at multiple organizations—point to five key priorities.
Pandora CEO Alexander Lacik describes the three-pronged turnaround program that helped his company revive excitement about the brand and reconnect with customers—while also radically reining in costs.
By staying focused and scoring quick wins in its companywide transformation program, a world-leading fleet-management company created unprecedented new value for employees, clients, and shareholders. Equally impressive, it transformed its culture—strengthening transparency, agility, and accountability throughout the business.