This PPT slide, part of the 91-slide The Complete Business Transformation Toolkit PowerPoint presentation, outlines a structured approach to business transformation, emphasizing a "compressed transformation" cycle. It presents a sequential yet flexible framework consisting of 5 key steps: Take Stock, Create the Mandate, Map the Journey, Mobilise, and Execute and Track.
The first step, "Take Stock," focuses on assessing the current situation, ensuring immediate funding, securing early wins, and mobilizing a top team. This foundational phase is crucial for establishing a clear understanding of the organization's starting point and immediate needs.
Next, "Create the Mandate" involves understanding the current situation in detail, determining external outlooks, and evaluating potential impacts on the company. This step also includes defining aspirations and setting strategic priorities, which are essential for aligning the transformation efforts with the organization's overall goals.
The third step, "Map the Journey," is about developing a comprehensive roadmap that outlines initiatives and their financial impacts. This phase is critical for visualizing the path forward and ensuring that all stakeholders are on the same page regarding the transformation objectives.
In the "Mobilise" phase, the focus shifts to creating the foundations for change. This includes establishing governance structures, setting up a Project Management Office (PMO), and designing detailed solutions. Effective mobilization is key to ensuring that the transformation initiatives are well-coordinated and executed.
Finally, "Execute and Track" emphasizes managing initiative delivery, conducting pilots, and measuring the impact of transformation against established targets. This step ensures accountability and allows for adjustments based on performance metrics.
Overall, the slide presents a clear, actionable framework for organizations looking to navigate complex transformations efficiently.
This slide is part of the The Complete Business Transformation Toolkit PowerPoint presentation.
Developed by leading experts and best-selling authors of the 2022 ABBA Finalist 'Changing the Game - The Playbook for Leading Business Transformation', drawing on over two-decades advising organisations on strategy and transformation.
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