Five Truths (and One Lie) About Corporate Transformation
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
How to Create a Transformation That Lasts
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