Has Business Transformation Become Obsolete?

Has Business Transformation Become Obsolete?

Change is happening too quickly — and too broadly — for transformation to be a one-time special project focused on a single issue.

January 29, 2024

Ryan Matthew Smith/Stocksy

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In today’s world, business transformation has morphed from a one-time special project to a never-ending series of transformations — the majority of which will fail. With a future full of changes, challenges, and surprises, leaders need a new approach. Forward-thinking organizations are focusing on regeneration — developing a long-term vision and a series of unified actions to more harmoniously link business operations and performance and create lasting value.

“Throw out the last transformation plan — we need a new one.”

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Alex Liu is the managing partner and chairman of Kearney, a global management consultancy.

Abby Klanecky is chief marketing officer and chief client services officer at Kearney.

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New!


HBR Learning

Business Plan Development Course

Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Business Plan Development. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.

Learn how to create a winning business plan.

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