Jan 14, 2010
The compulsion to deliver ever better financial results, contain costs or actively respond to changing commercial and economic circumstances all create pressure within an organisation to look at reoccurring waves of strategic transformation. Numerous studies have been conducted on the overwhelming failure rate of strategic transformation programmes and various complex theories have been developed.
A recent analysis by the Deloitte Strategy and Transformation team has identified key components which are critical to successful transformation. Although deceptively simple, they are often neglected by change agents, consultants and company executives driving a transformation process. Those who excel in getting the basic success factors in place seem to be much more successful in achieving the desired business transformation, while the laggards tend to fail time and time again in getting the basics right.
Read the full article . . . . Components Critical to Successful Transformation