Our research identified five central challenges that most require executive attention in business transformation initiatives.
When leading change, these are the five elephants in the room.
Download the report for data revealing how much experienced executives prioritize these issues. And frank advice on how to deal with each of them.Download our eBook
The business case is always wrong
“Of all the business cases in the many companies I’ve either been Chief Executive or Chairman, where they’ve gone through all the process to the Board, I can’t remember one that ever delivered what was on the nameplate.”
You can’t change what you don’t understand
“I find that most proposals haven’t considered the implications for adjacent systems and processes. Then you end up with project over-runs and you’re into more money than you’d originally planned. I kicked proposals back for that more than any other reason.”
You’ll wish you listened more to the sceptics
“Making sure you hear those voices means going and finding the right combination of stakeholders and some real dissenters. You know, the Ian Paisley’s, the no-nay-nevers. You get them in that room so you hear that voice. Because otherwise you do get groupthink.”
-Head of Transformation
Are your partners partners?
“Vendors need to be able to walk in our shoes rather than just push technology. They need to be able to see things from our perspective as well. That’s how a vendor becomes a partner - it makes a big difference.”
There will be low points (and that’s okay)
“You can become over-focused on a programme. You live and breathe the whole thing yourself. When it’s going badly, you’re going badly, and when it’s going well, you’re going well. You take on the personality of the stage of the programme you’re in. And that makes it very, very tough.”
Tools and resources to help you
Working with the 5 elephants of business transformation - Insights from a former FTSE-100 CEORead interview
How to manage stress when leading change – Lessons from a CFORead interview
Mistakes, fears and stress – don’t let them derail your transformation – own themRead the blog
Reflections on hybrid working – how leaders and teams can find balanceRead article
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