5 Posts found for Author: Kristy Ellmer

Unlikely as it seems, businesses can not only thrive amid economic uncertainty—they can seize the opportunity to transform for sustained growth.

• Successful growth transformations hinge on balancing creativity with disciplined execution—embracing innovation systematically rather than relying on chance.
• Companies must simultaneously pursue long-term visions and short-term foundations, effectively communicating with stakeholders and efficiently reallocating resources.
• Building adaptability through repeated transformation experience significantly boosts long-term success rates, enabling

… [ Read more ]

Content: Article | Authors: Adam Job, Andreas Holmbom, Dominic C. Klemmer, Gabe Bouslov, Kristy Ellmer, Martin Reeves, Paul Catchlove, Tuukka Seppä, Ulrich Pidun | Source: Boston Consulting Group (BCG) | Subjects: Best Practices, Change Management, Management

Unconventional project-management approaches are fine in normal times, but they don’t work during transformations, when individual initiatives and portfolios of initiatives require the cooperation of multiple departments and the careful use of scarce resources. Everybody needs to align on one way of doing things—using the same process, accessing the same tools, and following the same cadence for reporting and meetings.

Content: Quotation | Authors: Connor Currier, Cordelia Chansler, Julia Dhar, Kristy Ellmer, Paul Catchlove, Simon Weinstein | Source: Boston Consulting Group (BCG) | Subjects: Change Management, Management, Project Management

In an increasingly turbulent world, the need for and the challenges of corporate change remain remarkably persistent. Empirical insights reveal how change leaders can beat the odds. We highlight five truths about corporate transformation—and refute one lie that executives like to tell themselves.

Content: Article | Authors: Adam Job, Christian Gruß, Gabe Bouslov, Kristy Ellmer, Martin Reeves, Paul Catchlove | Source: Boston Consulting Group (BCG) | Subject: Change Management

Transformations are here to stay—and they will always be difficult. Success comes down to a few key things. Manage your processes rigorously, and institute strong governance. Use a stage-gate methodology to maximize the value of your initiatives, and use software and data to keep those initiatives on track. Put a TO at the center. Perhaps most important, set the bar high—and then look for the … [ Read more ]

Content: Article | Authors: Connor Currier, Cordelia Chansler, Julia Dhar, Kristy Ellmer, Paul Catchlove, Simon Weinstein | Source: Boston Consulting Group (BCG) | Subject: Change Management

Only a third of corporate transformations succeed, but two early decisions can help you buck the odds. A new BCG series, “Transformation Revisited,” shows how.

Content: Article | Authors: Connor Currier, David Kirchhoff, Gregor Gossy, Julia Dhar, Kristy Ellmer, Mike Lewis, Perry Keenan, Reinhard Messenböck, Ronny Fehling, Simon Stolba | Source: Boston Consulting Group (BCG) | Subject: Change Management