Today’s business environment is increasingly complex and does not tolerate the status quo. The complex competitive environment is forcing companies to constantly adapt, change and transform. Companies must learn to operate by new principles and learn to respond to new rhythms to survive and flourish in the demanding times ahead.
However, there are no simple solutions for successfully transformation. Companies will undergo a series of “ups and downs” during the implementation of transformation programs. Many transformation programs fail due to various reasons such as lacking of commitment and sponsorship, disintegrated implementation, weak transformation process and tools, poor communication, no long-term focus and inconsistent follow-through. Moreover, employees tend to resist changes – Companies must make various major efforts to get employees committed to the transformation programs. In brief, designing and implementing a transformation programs itself is another huge challenge for many if not most companies.
Experience reveals that a well-designed Strategy-led Transformation (SLT) is able to ensure successful transformation for companies across industries. The SLT tackles three transformation aspects holistically: cultural transformation, transformation process and transformation tools. Company culture is often the inherent inhibitor for transformation that must be rehabilitated. A clearly defined transformation process enables companies to measure transformation program results for all organization layers. A set of standardized transformation tools that are customized to companies specific environments are critical to influence and transform the organizations and individual behavior and capabilities.