Finance, Sales, HR, Supply Chain – Where Do Most Effective Business Transformation Leaders Come From?

Finance, Sales, HR, Supply Chain – Where Do Most Effective Business Transformation Leaders Come From?

AUTHOR

Vivek Sood

TIME TO READ

minutes 

UPDATED ON

March 25, 2021

Business Transformation is Different Than Change Management

Almost everybody who has anything to do with creating any change inside a company calls himself or herself a business transformation expert these days. 

It is important to define business transformation at the outset. 

As the business trends evolve, every ten years to so a new generation of business is configured - where the form, the function and even the purpose of the business makes a generation jump from the previous one. This is natural evolution of business and changing with times is part of "Change Management." 

Yet, due to inertia, hubris, or past success many businesses change just their form, and not their substance. As a result many businesses are at least one, and sometimes more, generation/s behind in substance. 

Bringing such businesses up to date require and effort more than change management. We call that effort 'Business Transformation."

In supply chain led business transformations the picture looks some thing like this:

The blue line in the above picture depicts business transformation that takes a methodical approach to upgradation, while the yellow line depict regular change management that results in gradual evolution over a longer period of time. 

Business Transformation Is Difficult

I have a lot to say on this topic, and most of it already said elsewhere in these pages. So for the sake of overall brevity I will give you links with the key points. 

First point worth reading about is - Why Supply Chain Business Transformations (BT) Jobs Differ From Supply Chain Business-as-Usual (BAU) Jobs? Allied with that thought is another relevant topic - Why Good Business Executives Make Bad Business Consultants and Vice Versa?

Another point worth perusing at the current point in corporate cycle is Why is Supply Chain Governance Difficult?

Finally this blog will give you additional insights on the difficulty of business transformations:

What I Learnt About Business Transformations Fighting Pirates (Not in the Caribbean)! – Part 1

it takes a lot of skill to achieve successful business transformation

If you have read the blogs above this point will already be home. For that reason, most companies end up moving the goal post when their business transformations end p only partially successful. 

good business transformation people are rare

Are Good Business Transformation People Worth Their Weight in Gold?

It is nearly impossible to have all the skills necessary for business transformation in one person


Effective business transformation leaders come from a variety of backgrounds

Each background has its own pros and cons

Finance, Accounting and associated Consulting Firm background brings focus on budgets and compliance

Sales and Marketing background brings focus on customers needs and feedback

IT and associated consulting brings focus on tools and technologies

Supply chain and associated consulting brings focus on practical action 

Strategy and business transformation background brings focus on planning and report writing



Copyright - These concepts, frameworks and ideas are copyright of GLOBAL SUPPLY CHAIN GROUP from the time of their creation. Do NOT copy these without permission and proper attribution.

Notes:

  1. These ideas and concepts will be usually expressed by our thought leaders in multiple forums - conferences, speeches, books, reports, workshops, webinars, videos and training. You may have heard us say the same thing before.
  2. The date shown above the article refers to the day when this article was updated. This blog post or article may have been written anytime prior to that date. 
  3. All anecdotes are based on true stories to highlight the key points of the article - some details are changed to protect identification of the parties involved. 
  4. You are encouraged to comment below - your real identity and email will not be revealed when your comment is displayed.  Insightful comments will be  featured, and will win a copy of one of our books. Please keep the comments relevant, decorous and respectful of everyone. All comments represent opinions of the commentators.

Vivek Sood

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