Business transformation design
The classic business transformation model
Reframe
Reframing is the shifting of an organisation's conception of what it is and what it can achieve.
It creates a compelling new vision of the future, mobilise the organisation behind it, and build a measurement system to track its performance against expectations.
Restructure
Restructuring involves redesigning the value chain and organisation in alignment with its strategy and in accordance with its new business model.
Revitalise
Revitalisation is about igniting growth through revitalising the value proposition, inventing new business and changing the rules through information technology.
Renew
Renewal deals with the people side of the transformation, with the rewards system, individual learning and developing the organisation.
Source: Transforming the Organization; Gouillart FJ, Kelly JN; McGraw-Hill; 1995.
Business transformation model of Corporate Renewal Solutions
While the classic business transformation model is descriptive, it is not prescriptive.
Corporate Renewal Solutions' business transformation model aligns strategy, structure and operations to achieve increased turnover, decreased cost, decreased capital employed and increased return on capital employed.
The business transformation model includes the enablers of leadership alignment, project management and stakeholder management.
View the business transformation model of Corporate Renewal Solutions.
Strategic repositioning
Strategic repositioning represents the "reframe" and, with regard to igniting growth, a portion of the "revitalise" component of the classic business transformation model.
Strategic repositioning encompasses the traditional elements of strategy, including vision, mission, segmentation, targeting, positioning, customer value proposition, business model, value chain design, Balanced Scorecard and strategy maps.
Reorganisation
Reorganisation represents part of the "restructure" and the complete "renew" component of the classic business transformation model.
It entails organisational restructuring, and all people issues including staffing, skills, training and compensation.
Value chain improvement
Value chain improvement represents the value chain restructuring portion of the "restructure" component of the classic business transformation model.
It also contains elements of the "revitalise" component of the classic business transformation model in that it totally overhaul sales, marketing, operations, information technology, human resources, finances, etc. through new technology, systems and processes.
Enablers
See business transformation management for leadership alignment, project management and stakeholder management.
CRS business transformation
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