IT or Business transformation calls for a structured approach with a 5 step framework:
- Value capture
- Company Culture
No matter how small any business starts out, ultimately, it will need to transform in order to keep up with a competitive environment. Whether your business approach changes as a result of your customer base, expectations, or the growth of your labor force, it is important to take the right approach in order to shape every aspect of the transformation process.
The Mentality Behind Change
To change in a way that can capture the essence of your business approach, one of the most important things to do is think about doing it in a way that can prepare you for the transformation. Think of it in terms of metamorphosis where a caterpillar becomes a butterfly. You are taking an existing model and turning it into something even more incredible and beneficial.