Any successful business transformation will have to address at lest eight components of the business transformation model. These are: value streams, strategy, organization, people, processes, systems and resources, leadership and performance measurement. For a transformation attempt to succeed, all eight components must be addressed in one form or another, and as a result of well defined change projects, well coordinated and governed.
Most failed transformation attempts have failed to address one or more of these components or simply as a result of a failure to pragmatically contain scope, cost and “chunk-up”.
