Organizational transformation initiatives are complex processes that require significant efforts and attention from the entire organization. Statistics show that no more than 30% of transformations achieve the expected objectives, so understanding their dynamics and characteristics are essential to overcome these challenges successfully.
Alejandro Hill, Manager of Organizational Transformation of Axity Chile, and Carlos Acosta, Senior Manager of Strategic Consulting, invite us to reflect on the keys to success of Organizational Transformation.
What is causing the current wave of organizational transformation?
The world changed abruptly after the financial crisis of 2008, where we are faced with a new world and economic scenario characterized by volatility, uncertainty, complexity and ambiguity (known as the VUCA environment for its acronym in English). This has led to the need for organizations to generate significant improvements in their forecasting and adaptation capabilities.
On the other hand, technological development in areas such as artificial intelligence, IoT, cloud and mobility are transforming traditional businesses and allowing the generation of new disruptive models. In this scenario, where almost any problem or business opportunity can be solved with technology, the greatest challenge is to transform organizations, from their people, processes, leadership and even their organizational culture, to make them evolve and achieve competitive advantages.