Business Transformation Quick Guide

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www.maventraining.co.uk І 020 7089 6161 Business Transformation Quick Guide

Transcript of Business Transformation Quick Guide

Page 1: Business Transformation Quick Guide

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Business Transformation Quick Guide

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What is Business Transformation?• Transformational change is

—Fundamentally changing what we do, how we do it, with and for whom we do it.

—Making new assumptions.—Accepting a period of discontinuity.—Working through a period when there are no easy

answers.• Transformational change is not

—Making small changes.—Fixing problems.—Adding a new process as a bolt-on.—Tweaking a process to improve it slightly.

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Organisational Context

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Transformational change is not undertaken in isolation. The portfolio of initiatives that are being undertaken across the organisation at any one time is a mixture of change objectives and execution of business as usual activities.

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What is driving transformation?This model (Hofer Schendel model) identifies the strategy that an organisation should pursue depending on competitive position and the maturity of the products it offers and the market place into which they are sold.

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Types of transformation

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• Invest aggressively – new product launches, hiring new sales and business development staff and acquisitions.

• Review market potential and problems –reduction in cost base through changes to systems, outsourcing transactional tasks, improving flow of information across organisation by removing ‘silos’, increasing value added activities moving resources from transactional to value added tasks.

• Invest selectively – research projects to identify target acquisitions, target markets, trend analysis to identify customer demand for new products and services.

• Market strongly – increasing marketing effort through new product launches and increasing the speed that new ideas are brought to the market.

• Divest – reshaping the organisation after sale of poor performing businesses.

• Phased withdrawal – redundancy programmes, integrating staff from closed businesses into other functions.

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Business transformation process

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Effective business transformation

Change Management Framework

Change Management Maturity

Programme Management

capability

Project Management

capability

Required outputs i.e. new and changed products and services

Delivery of project outputs

Implementation of project outputs

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Change Management maturity

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For example, the Maven Change Experience Checklist assesses 8 factors which identify:• The extent to which an

approach to managing change is embedded within the organisation

• The perception that those working in or with the organisation have of the commitment to in managing change

• The level of motivation that exists for addressing change management as a business

The maturity of the organisation to manage change and successfully deliver business transformation can be assessed using a maturity model.

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Programme management capability• Programme lifecycle which establishes:

—Flow of information to programme team members, project team members, business change managers and the sponsor.

—Decision points including the limits of authority that each role has for taking decisions and the information needed to support each decision.

• Roles and responsibilities which clearly state the expectations for:—Programme management.—Programme delivery.—Programme governance.

• Skills and knowledge:—Training plans that provide access to courses in programme, project,

change and risk management.—Career development plans that encourage individuals to apply for

programme, project, change and risk management opportunities.

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Change Management Framework• Business change lifecycle:

—Assessing the change.—Planning the change.—Implementing the change.—Embedding the change.

• Organisation structure:—Leading change – senior management sponsorship.—Managing change – business change managers.—Doing change – change team members/change agents.

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Business change lifecycle

Assessing the change

Planning the change

Implementing the change

Embedding the change

– Impact of the change is understood from different perspectives.– Vision of the change that describes the ‘new world’ has been

developed.– Compelling stories that explain the results of the change have been

developed for different audiences.

– Activities to implement the change are identified, resourced and scheduled.

– Activities to communicate with and engage the support of stakeholders are established.

– Activities to make the change happen move from planning into action.

– Change teams are formed to resource the activities.– Individuals experience the change and move through a range of

emotions as they adapt to the change.

– As change is accomplished, achievements are celebrated.– Those still working through the changes are given support to help

them make the transition to the new ways of working.

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Project management capability

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• Project lifecycle tailored to managing projects within a programme:—Clear explanation of what information is to be escalated to the

programme, and what decisions are to be taken at programme level vs. project level.

—Includes greater emphasis on liaison with change teams and activities to support the business change lifecycle.

• Roles and responsibilities:—Role of the project sponsor and how this aligns with the

responsibilities of the programme manager.—The amount of authority that a project management has over the

project vs. how much authority the programme manager has.• Skills and knowledge:

—Courses and on the job training opportunities to build technical and interpersonal project management skills.

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Who is involved?Strategic level change so must be sponsored by senior manager, preferably at board level

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Complex change with multiple work streams and interdependencies so requires an experienced programme manager

Multiple projects within each work stream requiring many project managers and project teams

Coordination of the effort and flows of information requires support in the form of a PMO – Programme Management Office or Project Management Offices

Changes to business environment must be led by those with current operational knowledge and sufficient authority to change business as usual so senior business change managers needed, with support from their staff in change agent roles

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Develop your capability

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Change Management Practitioner

Managing Successful

Programmes

PRINCE2®APMPPMP

PRINCE2 provides a flexible and adaptable approach to suit all projects. It defines the processes, roles and documentation required to manage a project.

The APMP and PMP define the skills and techniques that project managers should apply to control their project from initial requirements to successful implementation.

Managing Successful Programmes (MSP®) explains how to manage a set of related projects that taken together will deliver strategically important benefits.

Change Management Practitioner explains the concept of change, how people react to change and the different models and techniques for implementing change.

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Maven Training

Maven builds capability that enables our clients to realise the benefits of transformational change. We deliver practical and workable solutions that can be applied to all new programme, project and change initiatives long after we have gone. Our mission is to transfer our skills and experience and to build self-sufficiency in our clients.

For further information about Maven Training and its capability building services please contact:

Melanie FranklinTelephone: 020 7403 7100

e-mail: [email protected]: www.maventraining.co.uk

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Melanie Franklin

Telephone: 020 7403 7100

e-mail: [email protected]

website: www.maventraining.co.uk

For further information about Maven Training and its capability building services please contact: