In today’s dynamic market, organisations must be willing to transform or risk irrelevance.
Enterprise-wide transformation is driven by:
- disruptive external forces impacting both business and operating models
- unrealised synergies or significant inefficiencies within and between business units in the portfolio
- misalignment between stakeholder interests
- absence of a clear financial ambition.
Transformation is not about incremental change, it requires fundamental shifts in an organisation’s value proposition, how they compete and their core operations. Transformation is rarely straightforward and can encounter significant organisational resistance.
KPMG’s Global Strategy Group (GSG) helps organisations determine whether or not and to what extent transformation is genuinely required. The answer may be to innovate, refresh or accelerate along the company’s existing trajectory. However, it may instead require a step change or pivot in direction, which is where enterprise-wide transformation comes into its own.