Transformation Professionals

It’s important that transformation leaders envisage a new future, ensure the organisation is equipped to build that future, and then orchestrate the entire effort in a way that works as it needs to.

Gone are the days when you could steer a business on gut feel and hunches. Because data is the new driver of the best firms, and authentic digital economy leaders know this. Which is why competitive intelligence is vital for competitive strategy.

Innovation is the process of turning ideas into value. So the question all companies need to be able to answer is “what is our innovation process?” After all, innovation is a function within a company, and as with all functions, it requires structure and process.

The Business Transformation Management Methodology (BTM²) is a four-phase holistic and integrated business transformation management methodology.

BTM² was the world's first holistic business transformation management methodology that provides a framework with clear phases, deliverables and corresponding methods. It was developed by Professor Dr. Axel Uhl, University of Applied Sciences Luzern, Switzerland and published in the book Uhl, A. and Gollenia, L. A. (eds.), A Handbook of Business Transformation Management Methodology. 

Although digital business transformation calls for a cultural shift, this is not the first time leaders have faced the cultural challenge. Company mergers have been taking place for decades, and culture has been one of the greatest challenges that leaders have had to contend with during a merger. While the goals of the cultural change required for transformation might be different to those during a merger; values, practices, attitudes and beliefs remain at the core of both.

Some of the most successful start-ups look crazy from the outside. Their cultures are often complete opposites to what we see in an established corporate environment. It's extremely important to consider how two polar opposite cultures could work well together.

Value management and benefit realisation are not new concepts, but with a clear focus on digital technology delivering business value, the need to manage value and benefit realisation is greater than ever. 

Innovative business models are changing the world as we know it, while old traditional business models are dying a slow death. 

Companies that are working tirelessly to reinvent their business are winning over those that have leaders who hang onto old beliefs and business models of the past. 

Many companies now claim to be undergoing transformation, but only the minority have leaders who invest in reinventing their business models. 

In today’s world of emerging technologies and new market demands, innovation is no longer a “nice to have” but a “must-have” for any business.  

Because real economic growth depends on real innovation, and technology will play a key role in enabling those innovations to become reality.