Business Transformation Requires Transformational Leaders
Leadership and teaming skills are front and center in times of rapid change. Meet today’s constant disruption head on with expert guidance in leadership, business strategy, transformation, and innovation. Whether the disruption du jour is a digitally-driven upending of traditional business models, the pandemic-driven end to business as usual, or the change-driven challenge of staffing that meets your transformation plans—you’ll be prepared with cutting edge techniques and expert knowledge that enable strategic leadership.
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The authors articulate concrete ways in which we can shift our perspectives and act to “agilify” our organizations.
In this Advisor, we present a sample of core thinking — a set of practices needed to build a Lean/Agile organization — grouped under three different categories: (1) foundational thinking, (2) designing, and (3) redesigning.
With the arrival of private blockchain platforms that integrate nonfunctional requirements arising from typical market conditions (i.e., privacy, confidentiality, controlled access), the barriers to creation of a digital economy become less significant and easier to overcome.
The Internet offered wide access, and the smartphone offered direct and personalized access to the insurance customer. What can AI offer?
Can the same path to Agile transformation work for every organization? Does every organization need to go through the same number of steps? Do the organization’s culture, technological landscape, and customer needs necessitate a customized model of such a transformation? In this Advisor, we identify the five elements of design thinking as key principles that every Agile transformation should follow.
We have developed a simple yet powerful framework to help business leaders navigate the digital landscape based on four business-focused questions that are at the core of effective governance of digital. We call these questions the four “ares.” In our previous Advisor, we discussed the first two of the “ares”: Are we doing the right things? and Are we doing them the right way? This Advisor explores the two that remain.
“A culture transformed” means reaching an elusive cultural end state within a business. There are mile markers on this transformative journey, many of them technological, but rarely do we include cultural milestones within the scope of a digital transformation project.
Customer expectations are shaped by their interactions with Uber, Amazon, and Apple — where each interaction is intuitive, easy, and instant. In customers’ eyes, the age, size, and complexity of the organization or industry are all irrelevant: all they care about is having a great experience. Traditional organizations have no choice but to step up their game to stay relevant.