Michael C. Mankins’ Post

Transformation programs have become ubiquitous, with more than one-third of large organizations engaged in some form of transformation at any given time. But the conventional model that most companies rely on for transformation has faltered in the wake of today’s rapidly changing business environment. Leaders need a fresh approach — one better suited to the continuously evolving nature of our world. https://lnkd.in/g-Arnsy8

In today’s fast-paced world, business transformation can no longer be treated as a one-time project. Continuous change necessitates ongoing transformation. The traditional approach of “unfreeze, change, refreeze” must give way to a new mindset: “rethink, reshape, repeat.” It’s through this continuous process of transformation that companies can truly realize their full potential. By embedding transformation initiatives into the operating rhythm, leadership can ensure alignment between strategic goals and day-to-day activities. This integration fosters a holistic approach to the change effort, enabling organizations to respond swiftly to evolving market trends, customer demands, and competitive pressures. When transformation becomes part of the company’s operating rhythm, accountability for driving change is distributed across all levels of the organization.

Transformation programs have become ubiquitous, with more than one-third of large organizations engaged in some form of transformation at any given time. But the conventional model that most companies rely on for transformation has faltered in the wake of today’s rapidly changing business environment. Leaders need a fresh approach — one better suited to the continuously evolving nature of our world #digitaltransformation

Some interesting thought provoking stuff here well worth a read

Continuous transformation is quite critical in today's business world and personal life too. We should stay abreast of all the changes around, and adapt to be the early beginners, aspirationally. More importantly, sustain and keep evolving on a more regular basis.

As I posted some time ago about continuous modernization, here comes continuous transformation ;-) It indeed makes sense, big organizations always started huge programs, costing millions and millions, requiring overengineered governance and masses of consultants instead if just embedding a mindset of continuously transforming themselves to the better. This „unfreeze, change, refreeze“ approach you never achieve a level of sunstainable innovation and adaptability - instead every change gets blocked until outside forces (most of the time competitors or market) require massive investments again…. Tranformation should be part of an organizations operational rythm, following a bit the Kaizen approach of improving/changing every day a small step at a time instead of waiting to climb the mountain at once. Change and resulting transformation is inevitable in our modern world and the heartbeat of innovation and progress, so why not make it also the heartbeat of your organization? #change #innovation #kaizen #transformation #organization #culture #mindset #people https://lnkd.in/d-YVm3_5

In today's fast-paced world, organizations are faced with the challenge of adapting continuously in order to maintain their competitiveness. The concept of transformation has evolved beyond being viewed as a mere program with a fixed end goal. It has now become an ongoing pursuit of improvement. I recently came across an article that strongly resonates with my own approach to transformation. It delves into the critical drivers and business cases behind the concept of continuous transformation. I believe this article would be of great interest to leaders exploring new ways of working! #transformation #hbr #bain #agility https://lnkd.in/dZhrVQxr

A quick read, #Freshperspective that resonates. #Transformation, anchored in #mindet creating an “operating rhythm” that promotes “sustained innovation and adaptation, thereby making continuous change a core capability” #QENO Harvard Business Review

Have you started or planning to start a transformation project? Be ready to accept the reality, no matter how big or small your project: 70% of them fail. Ref: https://lnkd.in/dGEuu9Fx ( Leadership ) What: This is/are critical Challenges. Involve the right stakeholders, which will be the compass for transformation projects. Refine the "WHAT" as you deliver, validate, and learn the reality.   ( Team ) Where: Precise Value stream mapping- End to End flow of Process / Product to understand where the problem is and what impact it will have when changed ( Team ) How: Now that you know the problem, get the experts to figure out the quickest way to fix and validate it. Remember The Technology, Application, AI, GenAI. Take note: If you don't validate - be ready to arrive at the South Pole instead of the North Pole ( your actual destination ). As once my a Mentor Said : BE EFFECTIVE (Build the right thing), then BE EFFICIENT ( Build the right way ) Barry beautifully articulates the steps and pitfalls to avoid during your Transformation Journey. Thanks, Barry O'Reilly. To refine your transformation journey, check out Barry O'Reilly's course “Lean Technology Strategy: Starting Your Business Transformation.” Check it out at https://lnkd.in/dUP3qfvJ #strategy #BussinessTransformation #Kata #SucceedInTransformation

💡 CENTRALIZED PRINCIPLES AND DECENTRALIZE EXECUTION: In today's business landscape, where processes seem to stretch to infinity, the challenge lies in finding a way to streamline transactions without sacrificing results. The age-old concept of delegation has been discussed at length, but the goal of eliminating micro-management still remains challenge. To achieve objectives without concentrating decision-making authority, it's essential to crystallize core principles and then decentralize execution while maintaining strict accountability to uphold these principles. Surprisingly, this approach often stands in contrast to the prevailing practices, where principles are loosely defined, leading to delayed actions and disjointed efforts. In a world where agility and adaptability are vital for survival of any business, this shift in mindset – centralization of principle and decentralization of execution – can be a game-changer. By defining our guiding principles clearly and entrusting teams with the autonomy to execute within those boundaries, we can achieve a delicate balance between structure and flexibility. The benefits are clear: Efficiency: Teams can act swiftly within established guidelines, reducing delays and bureaucracy. Innovation: Empowered teams are more likely to find creative solutions to problems, as they aren't bogged down by rigid controls. Accountability: The strict adherence to principles ensures that actions are aligned with the company's vision and values. Consistency: With a centralized principle, every action resonates with the same tune, fostering a more coherent organizational culture. To embrace this approach successfully, organizations must cultivate a culture of trust and open communication. Leaders should define their core principles explicitly and communicate them across the board. Teams, in turn, should be equipped with the necessary tools and resources to act independently within these boundaries. By centralizing these principles and decentralizing execution, we can embark on a journey towards more agile, responsive, and harmonious organizations. #BusinessStrategy #Decentralization