There is a scurry for Business Agility as organisations go through a number of transformations brought about by changing business and technology environments, and accelerated by the Covid-19 Pandemic. Change and Transformation are pervasive and essential, not just to survive, but to thrive. Whether you are going through or contemplating Agile Transformation, Business Transformation, Digital Transformation, Leadership Transformation, or Remote Worker Transformation, there are common elements to all that need to be understood and implemented throughout the transformation journey.
Research by McKinsey informed us that 70% of transformation projects fail – either fail completely, or fail to achieve the anticipated goals. Existing Models of Change though useful, are too simplistic for today’s volatile, uncertain, complex and ambiguous business and technology environments because:
• They see change as an event, usually once-off
• They provide limited guidance on specific change actions needed, and
• They tend to have more focus on People, Process and Resistance rather than the System as a Whole.
Change Capability (Agility) and Innovation have become critical elements of business survival today. In this presentation we will present the “Next Generation Change Management” which is based on “Dynamic Systems Maturity Theory” (DSMT). DSMT is the result of research across Organisational Science, Psychology and Economics to understand organisational system failure mechanisms and develop enhancements to existing models and change processes, to build agility and reduce transformation failure rates. We will discuss why transformation projects fail, and what you can do to avoid that happening in your transformation projects. At the end of this presentation you will understand what it means for an organisation to be truly “agile”, and how you can go about achieving that in your organisation.