To Transform, or not to Transform – how to avoid a business transformation tragedy
In the iconic play, Hamlet bemoaned the unfairness of life but knew that the alternative might be worse. Like Hamlet, you could lament about the possibility of a failed business transformation. But, to not transform might be even worse for your business.
New digital platform-based business models that scale fast can suddenly destroy a profitable business. When your high-margin spare-parts web shop’s traffic dries up because Amazon delivers faster and cheaper – it is already too late. Playing catch-up hampered by the limitations of your legacy business systems will be slow and costly.
Don’t let your business transformation turn into tragedy
So, to Transform, or not to Transform is not the question; the question is how to succeed with your transformation and not to turn it into a Shakespearean tragedy.
As a business leader, you cannot sit in the audience and watch the tragedy unfold.
Delays, costs overruns, burned-out project teams, and dissatisfied end-users and customers will be the story line, and this is no fun to watch.
You must jump on the stage and start acting in the lead role. Write your own script, direct your employees as actors, and turn a tragedy into a musical with a happy end.
Lead your organisation on the path to transformation
Shakespeare aside, leaders of an organisation that embarks on a Business Technology Transformation journey should themselves oversee the design of their new business capabilities required.
A successful Business Technology Transformation cannot be done by an army of consultants and their consulting practices. It must be done with methods and practices designed for business leaders to deploy their chosen technology platform with the help of a transformation partner.
Our expert thinks the right business platform can be a dream come true for a result-oriented leader. Read why that is.
Menno Huijben is a Senior Executive at Sofigate and interested in the realm of decision-making in business, especially where a data-driven mindset meets intuition and experience. His motto is ”Don’t forget the Human Factor!”