What are the factors that impact the success of a transformation project?
If you are leading or involved in a transformation project, you know how challenging and rewarding it can be. A transformation project is a large-scale change initiative that aims to improve the performance, culture, or capabilities of an organization. However, not all transformation projects succeed. According to a McKinsey survey, only 16% of respondents said their organizations' transformations improved performance and could sustain those gains over time. What are the factors that impact the success of a transformation project? In this article, we will explore six key elements that you need to consider and manage effectively.
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Andrei Dorofei10+ Years FMCG | Finance Professional | Strategy & Transformation Leader | Digital Trailblazer | Driving Growth in Baby…
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Usman KirmaniSenior Grants Manager @ USAID Investment Promotion Activity | Chemonics
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Valsala KrishnanCEO & Founder of Globetrotter Consultancy Sdn Bhd ll C-Suite Coach ll Author ll PhD Candidate ll Culture…