Transforming organizations into proactive entities reduces costs and eliminates duplication and non value-added processes, which is key to improving the bottom line and improving product and/or service delivery at the same time. Transforming the organization refers to any significant change made to an organization such as, restructuring an organization or reengineering an organization and/or there is a significant change in the way business is done.
As the pace of business and innovation accelerates, companies need to update their strategies and processes to get new products off the drawing board and out into the market quickly. The work that engineers do is different from that of other corporate functions, so transformation efforts aimed at their work must bereimagined and reconfigured.
The way companies develop products and services has changed dramatically. Innovation is global and far more complex. Companies have tried to spend more on R&D, but spending more alone is not going to achieve greater value for the company.
The technological demands require more than just a boost in R&D spending. A transformation of the entire innovation process is needed. Companies are shifting away from the traditional waterfall method to agile approaches. This change requires a transformation in the corporate culture so that the whole organization is structured around open communication and rapid feedback.
There are seven key areas to change that we advocate and assist organizations to administer:
- Clarify beliefs and behaviors
- Communicate future goals in terms of tangible improvements
- Lay out a transformation path with specific milestones
- Identify differences in perceptions between business leaders and IT
- Identify and emphasizebusiness leaders’ role as role models
- Apply measures in response to undesired beliefs or behaviors
- Hold specific events to change mindsets