Business transformation is a change management strategy. It is harnessed when an organisation embraces a fresh vision, sets forth on a new strategic direction, or chooses to reinvigorate its business operations to improve productivity, efficiency, market share, agility and profitability.
Business transformation programs are a clear and defined set of initiatives to realign people, processes and systems to bring about fundamental and lasting change to the way the organisation operates, and like all change programs, success depends on a number of key factors.
Often, organisations fail to translate the business strategy into an effective transformational strategy; they don’t get sufficient buy-in for change; they don’t realise that transformation involves the whole organisation and fail to plan an effective change and communications program; and they don’t realise that is a not just a project but a long-term program, a journey of continuous improvement.
Oakton’s experience is extensive: we are skilled integrators of business transformational projects, particularly where major systems and complex environments are involved, and have helped clients build real and sustainable performance improvements through effective change management.