How to Alter a Company’s Trajectory
There is no silver bullet for orchestrating a finely tuned complex transformation, but the right sequence and structure can be derived from a good analysis of a company’s health, and the degree to which its business model must shift, if it wishes to gain or retain world-class stature.
Too many organisations choose to approach transformation with a home-made recipe, which is often based on personal taste and little if any research. This typically results in an unsavoury set of statistics that further substantiate the fact that organisations in every industry repeatedly make the same fundamental errors when attempting to undertake complex transformation.
In this paper, Bain & Company dig beneath the surface of these three key questions that are relevant for any organisation considering transformation.
1. What kind of transformation is needed?
2. What is the right choreography?
3. How should change be managed?
Learn more in this 12-page report from Bain