Technological innovations, Industry 4.0, digitalization and demographic change are on some of the drivers which are increasing the complexity of today’s markets and raising the required intensity and speed of change. The ability to innovate and transform have become major success factors for companies.
It has been proved that companies which continuously question their business model and their organizational form and are able to adapt to new market conditions at very short notice are more successful. The challenge is to be able to make significant organizational changes in multiple corporate functions quickly and at any time. In reality, transformation undertakings frequently fail because they are highly complex, those involved have differing expectations, or there are inconsistencies within the organization.
The success of a transformation is heavily influenced by the changes in processes, structures and the behavior of the organization. As a result, these changes must be sustainably anchored, measurable and assessable. Strategy, business model, organizational and operational structure, cooperation models and last but not least performance management approach must be closely coordinated.
Our business transformation approach consists of four components: Business Model, Operating Model, Collaboration Model and Performance Management Model.
These serve to create transparency about the need for transformation, to identify concrete recommended actions, and to sustainably implement approved measures. Our approach always takes the specific situation of each individual company into account.
Maria Andreea Boldor-Flitan