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Sandy Riedel Premium Member Group moderatorThe company name is only visible to registered members.Hello Everyone,20 Dec 2007, 9:52 pmManaging Business Transformation- Value vs. Cost
Today’s business success story is old news by tomorrow’s papers. Today’s small business is just one great idea away from next season’s big score.
Nevertheless, change means greater opportunity and success possibilities. A successful business builds change into their organization which is flexible enough to reinvent itself continuously as it works to seize opportunities and dodge obstacles.
In the end, companies succeed only as long as they can transform themselves—quickly, consistently and efficiently.
Enjoy the link from IBM on Business transformation.
http://www-03.ibm.com/innovation/us/overview/biztrans.shtml
And - also please share your thoughts.
Regards,
Sandy Riedel
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Norbert (诺伯特) Funke (冯克) Premium MemberThe company name is only visible to registered members.Interesting article. It highlights the fact, that there is in case a transformation that companies go through when they grow bigger. It sometimes is not easy to understand for the individual. I had been at clients, that gew up a startup and within a few years became a corporation. While the business had changed, the culture had not. In result, the company became less efficient. Here is just one example.24 Jan 2008, 5:39 pmRe: Managing Business Transformation- Value vs. Cost
When the company were small, only few decisions had to operate the company. Usually the entire leadership came together to discuss and decide. Important strategy were decided on within one week. 5 years 1000+ employees later, the same meetings were inefficent. Too many facts were looked at, no consensus could be found and strategic decisions could take months or where never finished.
-Norbert
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Cristina AnderssonThe company name is only visible to registered members.Great article, thank you for posting. I am sorry that I must notify that "Business transformation is an ongoing journey. Along the way, you might find yourself frustrated. Or confused." is like a straght quotation from my book. I am glad that the great IBM thinks like this. Also their attitude towards volatility pleases me a lot.27 Jan 2008, 1:44 pmRe^2: Managing Business Transformation- Value vs. Cost
This article shows that IBM has rised beyond "yummu-yummu" positive thinking. They are ready to confront the contradictory reality and the future that really does not promise anything for the person or company who strives to control everything - even what is beyond control.
Change, entropy - are happening. We can choose our actions!
[edit] and yes - we need to find balance between compensation and value!
This post was modified on 27 Jan 2008 at 01:47 pm.
