Written by: Rishea Middlebrooks MHI, CAPM
When done well, transformations can be extremely impactful. When done bad, transformations can be detrimental to any intended entity. How do organizations do business transformations successfully? What determines a successful transition? What can deter and potentially destroy organizational transitions? Read below to gain some valuable insight into the delicate skill of business transformation!
Presentation Overview 
Attendees participate in a discussion regarding the concept of “transformation deficit”, how it’s been defined in the publications, and examples of what is considered good and not-so-good transformation efforts, and what learnings that can be considered for incremental improvements in this area.
Takeaways
- What is business transformation?
- Business transformation involves breaking away from the “status quo” of standard processes and organizational activities of a business with the goal of improving the way they operate.
- What drives companies to transform?
- External factors – response to change
- Internal problems/technology disruptors
- Desire to add value
- What and why are businesses transforming?
- Improving efficiency
- Enhanced customer experience
- Better decision making/improved work culture
- How can organizations remain focus on business transformation?
- Stay focused on what the value of the change will be
- Organizations can hire Change Management professionals to align activities with the desired goal
- Build a culture that is adaptive of change
- Collaborate!
- Gain buy-in early and ongoingly
- Stay focused on what the value of the change will be
- What are some obstacles to business transformation?
- Resistance to change/poor communication
- Legacy systems
- Differing objectives
- Wrong talent/lack of leadership
- What are potential deterrents to look out for?
- Lack of shared vision
- No collaboration
- Competing priorities
- Bad morale/low productivity
- How can organizations overcome obstacles with transforming?
- Getting the right talent/hiring for the future skills needed
- Having a proper change management program
- Having focused teams/building collaboration around the new ways of working
- What makes a great transformational leader?
- Having an understanding of the business
- Having credibility and influence/interpersonal skills
Next Event
Join us at the next PMI Atlanta Chapter Technology forum September 26, 2023
Keynote Presentation: “Pragmatic Innovation” by Jeremy Smith, Sr. Product Manager at Honeywell
Register at www.pmiatlanta.org/events/event-calendar
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