This report by Raconteur summarizes how imperative ‘Business Transformation’ as an integral part of business culture, is for organisations to survive.
Transformation can no longer be seen as a one-off project, for organisations to survive, it must become the new normal. The Business Transformation report, published in The Times explores why this requires a sea-change in both managerial mindset and company culture. Taking the lead from startups, businesses must embrace agility, introduce “team-ship” training to their programme and be sure to select the right leaders to oversee change. Also covered is a case study on how a small smelting firm transformed their business model to become a cutting-edge urban miner, and an info-graphic with key cultural pointers to watch out during digital transformation.