There isn't a day that goes by when you don't read about the need to change, transform or re-invent your business, your life or your world.
Change doesn't have to be difficult
"The only thing that is constant is change" – Heraclitus
Organisations are under increasing pressure from outside influences, such as international competition, disruptive technologies and new legislation – to name a few. For many organisations, transformation is no longer optional, it is imperative.
Change is challenging and often quite daunting. How do we ensure that we are not one of the 70% of transformation projects that fail? (Ref McKinsey)
At this point, I should put my cards on the table and in a group therapy session style confirm:
"I am Chris and I work for a software company".
I wanted to share how we believe you can really make transforming your business stick, and deliver ROI at each step.
Workshop what makes your business unique and identify what makes you better than your competition – understand how these differences translate to operational strategy.
How do you do what you do? Understand the processes that deliver your business outcomes. Everything you do is a process, so what makes your processes unique? Who, what and how do you deliver them.
Document what you have learned in previous steps to create a "Company DNA". Use this as a starting point to deliver meaningful, and more importantly, measurable change within your business.
Make the "Company DNA" available to your whole organisation and allow your people to review, collaborate and improve on your business processes. Task departments to take responsibility for process improvement and make it part of what you do too.
Identify areas or processes that are candidates for change and/or automation. Do this based on an agreed set of ROI measures, this makes decisions measurable, more impactful and increases the buy-in from people. Ensure your strategy is communicated across the enterprise and highlight successes as they happen.
In areas where automation is required, choose the fastest to implement with the highest return on investment. Prototype platforms in a RAPID way based on the process outcomes in the steps 4 and 5.
Rollout platforms and processes into your organisation that have delivered the expected results and ROI during the prototype phase. Deliver user training using the outcomes in previous steps, and set KPIs for each process to continually monitor and review.
Use this method to adapt to changes in market, competition, legislation or any other disruptive influences that happen in the future. Evaluate regularly.
In a world where change is the only constant, organisations with the fastest learning curve thrive.
Businesses today must learn to embrace change. Successful businesses will use change to their advantage. Intelligent businesses will enjoy the journey.
Gartner predicts that by 2017, 20% of all market leaders will lose their number one position to a company founded after the year 2000 because of lack of digital advantage.
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Would you like to find out how we can help you?