Knowledge

Business transformation

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is a desire by the top management and other senior stakeholders to use the opportunity of addressing these causes in ways that fundamentally alter the paradigm of the organisation." Others describe Business Transformation as "the process of fundamentally changing the systems, processes, people and technology across a whole business or
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A better understanding is achieved by considering that "transformation is generally a response to two things. First, there are underlying problems or causes of organisational pain that need to be addressed. They have to be properly understood but nevertheless they are a key component. Second, there
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The need for business transformation may be caused by external changes in the market such as an organisation's products or services being out of date, funding or income streams being changed, new regulations coming into force or market competition becoming more intense. This management approach may
53:(BPR). However application of BPR does not of itself constitute a business transformation, the outcome should be the deciding factor as to whether any activity is truly transformational or simply improvement. Other methods like 223: 275: 294:"Josh Stein started to connect the dots on doing an SaaS enterprise model. We credit him with being able to shine light for us on something we couldn’t see.” 2012 251:
Bak, O. (2016). Investigating Organisational Transformation in Automotive Supply Chains: A Case Study on B2B and Extranet. Strategic Change, 25(3), 299-314.
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of the business and how technology is used. Typically organizations go through several stages in transforming themselves:
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Business transformation can lead to developing new competencies and making better use of existing competencies.
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Bedding in the change so that the organisation cannot move back to how it was and achieves the intended benefits
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Recognising the need to change and gaining consensus amongst stakeholders that change is necessary
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Testing and implementing changes, usually in waves (this may take place over a number of years)
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Business transformation is achieved by one or more of: realigning the way staff work, how the
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are rooted in incremental improvement rather than paradigm shifts in the way things are done:
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projects, each focused on an individual process, system, technology, team or department."
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Understanding what the organisation is changing from and what needs to change in detail
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Designing the new organisational way of working and its support and management
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Agreeing what form the change should take, the objectives of the change and a
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Box: The Path From Arrington’s Backyard To A Billion Dollar Business
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British Airways simple route to business transformation
155:'s pivot from consumer to enterprise (around 2009-2010) 43: 136:Examples of organisational transformation include: 149:'s Delivering Quality First programme (since 2011) 24:is conducted in order to help cope with shifts in 313: 143:' transformation and restructuring (around 2009) 20:involves making fundamental changes in how 131: 190: 314: 205: 193:"Explaining Business Transformation" 44:When business transformation is used 13: 14: 343: 327:Information technology management 297: 261:Transformed GM back in the game 191:Wherrett, Rob (10 March 2020). 285: 266: 254: 245: 233: 214: 199: 184: 171: 112:that describes a better future 51:business process reengineering 1: 206:Cruise, David (14 Sep 2017). 165: 88: 99:product or service portfolio 7: 16:In ] it has been said that 10: 348: 95:organisation is structured 208:"Business Transformation" 240:Harvard Business Review 179:Harvard Business Review 132:Transformation examples 18:business transformation 77:customer satisfaction 332:Strategic management 242:January 2007 Kotter 181:January 2007 Kotter 278:2018-11-17 at the 226:2011-12-29 at the 26:market environment 49:also incorporate 38:change management 339: 307: 301: 295: 289: 283: 270: 264: 258: 252: 249: 243: 237: 231: 218: 212: 211: 203: 197: 196: 188: 182: 175: 347: 346: 342: 341: 340: 338: 337: 336: 312: 311: 310: 302: 298: 290: 286: 280:Wayback Machine 271: 267: 259: 255: 250: 246: 238: 234: 228:Wayback Machine 221:McKinsey Survey 219: 215: 204: 200: 189: 185: 176: 172: 168: 159:British Airways 134: 91: 46: 12: 11: 5: 345: 335: 334: 329: 324: 322:Business terms 309: 308: 296: 284: 265: 253: 244: 232: 213: 198: 183: 169: 167: 164: 163: 162: 156: 150: 144: 141:General Motors 133: 130: 126: 125: 122: 119: 116: 113: 106: 90: 87: 86: 85: 79: 73: 45: 42: 9: 6: 4: 3: 2: 344: 333: 330: 328: 325: 323: 320: 319: 317: 305: 300: 293: 288: 281: 277: 274: 269: 262: 257: 248: 241: 236: 229: 225: 222: 217: 209: 202: 194: 187: 180: 174: 170: 160: 157: 154: 151: 148: 145: 142: 139: 138: 137: 129: 123: 120: 117: 114: 111: 107: 104: 103: 102: 100: 96: 84: 80: 78: 74: 72: 68: 64: 63: 62: 60: 56: 52: 41: 39: 35: 34:business unit 29: 27: 23: 19: 299: 287: 282:October 2011 268: 256: 247: 235: 216: 201: 186: 173: 135: 127: 92: 71:market share 65:To increase 47: 30: 17: 15: 273:BBC website 97:, the core 75:To improve 316:Categories 166:References 89:Components 83:cut costs 59:Six Sigma 276:Archived 224:Archived 22:business 67:revenue 110:vision 306:2005 263:2010 230:2010 55:Lean 153:Box 147:BBC 81:To 69:or 57:or 318:: 177:. 210:. 195:.

Index

business
market environment
business unit
change management
business process reengineering
Lean
Six Sigma
revenue
market share
customer satisfaction
cut costs
organisation is structured
product or service portfolio
vision
General Motors
BBC
Box
British Airways
Harvard Business Review
"Explaining Business Transformation"
"Business Transformation"
McKinsey Survey
Archived
Wayback Machine
Harvard Business Review
Transformed GM back in the game
BBC website
Archived
Wayback Machine
Box: The Path From Arrington’s Backyard To A Billion Dollar Business

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