Transformation

  • Business Transformation

    What is Business Transformation?

      • Transformation change is?
        • Fundamentally changing what we do, how we do it, with and for whom we do it
        • Making new assumptions
        • Accepting a period of discontinuity
        • Working through a period when there are no easy answer

     

    • Transformation change is not?
      • Making small changes
      • Fixing problems
      • Adding a new process as a bolt-on
      • Tweaking a process to improve it slightly

       

     Think differently!

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    • Business or Digital Transformation?

        • Business Transformation
                    • In management, business transformation involves making fundamental changes in how business is conducted in order to help cope with shifts in market environment.
                    • This management approach also incorporates Business Process Reengineering and is widely used: 
                      • to increase revenue or market share
                      • to improve customer satisfaction
                      • to cut costs

       

      • Digital Transformation
        • Digital transformation is the change associated with the application of digitaltechnology in all aspects of human society.
        • The transformation stage means that digital usages inherently enable new types of innovation and creativity in a particular domain, rather than simply enhance and support traditional methods.

         

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