Transformation
 

We Transform businesses

Our Outlook
Troubled companies, of course, need to transform themselves. But so do the world's most successful companies. Apple's greatness is due to its multiple reinventions. Microsoft will require a transformation to counteract Google, and Google continues to look for opportunities to refashion itself.

Many major change efforts do not succeed.  Our experience is that the root causes of failure are rarely unique.  There are some common drawbacks that, in most cases of failure, were simply not attended to adequately: 
  • Insufficient knowledge and understanding of the facts and key constraints
  • Lack of engagement and alignment of the senior team
  • Managing the effort like a set of initiatives versus an integrated program
  • Forgetting to go slightly slower, to go a lot faster
  • Forgetting the customer
  • Targeting too much of the benefit to occur in the out-years
  • Lack of  transparency and clear ownership of milestones
Organizational issues such as change management, culture, and capabilities not addressed head on

Declaring victory too soon: failing to follow through and track promised changes

Leading a transformation requires specific and acute focus on avoiding these drawbacks.  It also requires rising above the management level to inspire the organization in the case for change and to lead them through it.  But, this is not a black art: armed with the knowledge of what is required and the drawbacks, a committed management team can and will succeed.

Our Competencires
Over the years, WEXCORE has actively supported transformations in major industries. Most of our work is related to collaborating with CEOs to help drive significant, accelerated change.

Many of the CEOs and management teams we have worked with are willing to talk to CEOs of companies that are at the beginning of their transformations about what they had to do to succeed. They can speak about what it was like to collaborate with WEXCORE, but they can also address: 
  • what the change required internally
  • how they motivated their teams
  • how they ensured ownership and commitment, and 
  • how they made sure the efforts translated into real results
results that the organization owned and sustained after WEXCORE was no longer there.

If you would like a confidential, introductory conversation with us about transforming your organization, please reach out to us. If you think a private conversation with a CEO who has gone through a transformation would be helpful, please reach out to us as well.

 
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