First of all is important to be clear about the terms change and transformation:
- Changes is mostly a process change done in a company sector. Transformation is an internal fundamental modification in beliefs of why to perform certain actions done at company level
- Changes are focused in change the future using inputs from the past. Transformation is done to create a enterely new future
- Changes can be small and incremental, or it can be large and complex. Transformation is almost always large and significant
- Changes needs to be continuatly monitored and maintained. Transformation is more likely permanent
To maintain growth, companies from time to time make strategic modifications and bring on new innovative ideas and technologies. Business Transformation are done to enable the company to adjust to business realities. In transforming successfully, people, technology, projects and vision of the company must be coherently aligned for optimum output. This article proffers 10 ways through which a company can successfully implement its transformation.
1. Define Your Strategies
You will definitely hit a bend if your destination (vision, strategies, end-results) are not well articulated. The first thing to do in optimizing resources is to take inventory of where you are and where you want to be. You will definitely hit a bend if your destination (vision, strategies, end-results) are not well researched and articulated. The first thing to do in optimizing resources is to take inventory of where you are and where you want to be. Make your strategies flexible and ensure it is absolutely feasible.
2. Have A Time Frame
Have A Time Frame And Dispatch Your Plans With A Sense of Urgency. Attach a time frame within which all resources must have been harmonized and deployed. Lest it becomes a project with no end in sight. Do not only be swayed by the short-term good results you are seeing, be sure that the success will span through the whole processes within your time frame.
3. Get Stakeholders Buy In
Get All Stakeholders To Be On The Same Page At The Same Time. Teamwork, synergy and purposeful collaborations when a company is implementing its transformational programs. All the managers and strategic heads of department must be part of the process. This is to ensure that everyone is on the same page at the same time.
4. Upgrade Skills
Match vision with action. Before you implement the envisioned changes, be sure that all the stakeholders who will drive the new change have upgraded and professionalized. Train those who need to be trained and retrained those that need to be retrained.
5. Make Periodic Evaluation
Maintain Periodic Evaluation Through Out The Processes. Evaluate and analyze if all set-out plans and strategies are harmoniously falling in place. Rejig options if need be. This will help you to ensure that success recorded in the early stage of the transformation is not eroded midway.
6. Identify Opportunities
Identify Profitable Opportunity. Opportunities are like treasures, hiding deep in a vault. Only those with their eyes on their mind identify them. So, before launching a transformation, first, identify where the real opportunity ares. Don't fall for what looks like an opportunity.
7. Manage Customer Relationship
Redesign Your Customer Relationship Strategies. Create a clear cut difference between how you related to your customers previously and how you intend to relate the new strategies and the new visions to them. Make sure you have good customer-friendly strategies plans in view of the new transformation.
8. Redefine Strategies
Redefine Your Operational Strategies. Transformation means change. It means you want to change to cost-effective options. It means you want to explore options that can give you better results. It means that you want to consider if an operation is better off done in-house or outsourced.
9. Encourage Adaptation
When companies transform, it poses new challenges to be solved and new ideas to share. At this point, it is necessary to ensure that every stakeholder is encouraged to flexibly adapt to the new changes in policies, strategies, workflow, and technology.
10. Increase Communication
Increase Communication Flow. Transformation comes with new things to learn and a new process to understudy. You must ensure that there is greater communication flow among staff. Also, sustain a good communication with customers, clients, and other stakeholders to enable them to understand the new changes made.
Comments