Who’s Thriving and Who’s Just Surviving: How Does Your Transformation Measure Up?
To stay competitive, mature industries need to transform how they interact with customers and employees by providing more dynamic, richer engagement experiences.
In the paper, Who’s Thriving and Who’s Just Surviving: How Does Your Transformation Measure Up?, experts explain how accurately gauging your change process can mean the difference between thriving and declining.
Four technology trends — mobility, social networks, cloud and Internet connectivity — have propelled disruptions in virtually every industry. The Internet of Things is poised to drive more disruption, as physical-world activities are more comprehensively digitized and captured. The resulting data will fuel deeper analytics, heightened predictive capabilities and more astute decision making.
Digitization must be integral to any transformation effort, harnessing technology trends to create new competitive advantage. Those who do will survive, even thrive. Those who don’t will lag, struggle or eventually disappear.
How can enterprises lock onto the transformation rails? It starts with a realization that the market is changing and that staying competitive requires something bold. It means understanding and embracing that catalyst event. From there, successful transformation demands a clear plan to achieve the desired outcome. That means a mission statement or overarching goal supported by a fluid tactical plan.
For any organization to gain real transformative value out of technology enablement, we must move IT beyond the mission of managing boxes to one of managing services and procuring solutions. One approach is to gauge results before moving everything in a given direction. Find pockets to run these experiments, and use the successful ones to jump-start the rest of the organization.
The key elements for successful transformation examined in the report include:
- Explaining to employees why transformation is necessary
- Detailing what the impact to them will be
- Describing how each employee will contribute
- Embracing technology trends
- Leveraging established assets such as reach, footprint and reputation
- Appreciating failure
Learn what factors go into making a successful transformation in a time of change. Download the paper now.