Transformation readiness can be compared to preparing for other major undertakings. The details might be different but the fundamental principles of preparation and readiness remain the same. For example, an Arctic expedition would be seen as foolish if its leaders set off without an immense amount of preparation, and many other examples exist, which show us how preparation for major undertakings such as digital business transformation is so vital.
But the fact remains that many organisations embark on their change initiatives with a vision, budget and enthusiasm, and an assumption that this alone will get them to where they need to be. For some, the writing is on the wall from day-one because of a fundamental lack of preparation.
We've known for years that large scale change initiatives suffer severely by not living up to their expectations, so how should a company be prepared for digital business transformation? – at least if it is to avoid the pitfalls that so many repeatedly fall into by paying scant regard to lessons learned and sound advice.
Listen to Gary Hamel Address Transformation Readiness
In the footage below, captured at the 6th Global Peter Drucker Forum in 2015, Gary Hamel addresses this question and packs an incredible amount of fundamental advice into his speech.