{"id":13873,"date":"2017-02-21T11:52:54","date_gmt":"2017-02-21T11:52:54","guid":{"rendered":"https:\/\/www.argonandco.com\/news-insights\/whitepapers\/business-leaders-must-maximise-the-chance-of-success-when-engaging-in-business-transformation-projects\/"},"modified":"2020-12-17T15:33:41","modified_gmt":"2020-12-17T15:33:41","slug":"business-leaders-must-maximise-the-chance-of-success-when-engaging-in-business-transformation-projects","status":"publish","type":"whitepaper","link":"https:\/\/www.argonandco.com\/us\/news-insights\/whitepapers\/business-leaders-must-maximise-the-chance-of-success-when-engaging-in-business-transformation-projects\/","title":{"rendered":"Business leaders must maximise the chance of success when engaging in business transformation projects"},"content":{"rendered":"<p><em><strong>The Progress Group (TPG) and Crimson &amp; Co NA are now Argon &amp; Co as of September 9, 2020.<\/strong><\/em><\/p>\n<p>&nbsp;<\/p>\n<p><span class=\"intro\">Transformation is a word frequently used in business. Companies need to transform to improve performance and develop sustained competitive advantage. To do this effectively, external consultants are often used to make the desired transition happen.<\/span><\/p>\n<p>According to Stuart Williamson, Principal at global supply chain consultancy Crimson &amp; Co, as business transformation projects become more complex, simply relying on the technical reputation of a consultancy is no longer a guarantee for success. Instead, companies must be prepared to delve deep into the capabilities of any external party to be sure that they possess the necessary attributes and skills to carry out a transformation project as effectively as possible.<\/p>\n<p>Stuart suggests that people capabilities are critical when selecting a consultancy, and the relationship needs to be more than just transactional. It needs to be built on empathy, trust and humility:<\/p>\n<p>\u201cBoard and C-level executives are increasingly looking for support to optimize business performance, covering leadership, strategic direction, and practical implementation. Many are unable to do this on their own and therefore enlist outside support. The reality though is as the need to transform becomes more complex so is the need to understand and engage with the <span style=\"font-size: 0.9375rem;\">people aspects delivering transformation.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-4645 alignright\" style=\"font-family: Georgia, 'Times New Roman', 'Bitstream Charter', Times, serif; font-size: 16px;\" src=\"https:\/\/www.argonandco.com\/wp-content\/uploads\/2017\/02\/Screenshot-2020-03-04-at-14.46.58.png\" alt=\"\" width=\"205\" height=\"309\" \/><\/p>\n<p>\u201cTraditionally, consultants have leveraged tried and tested methods to support transformational projects but as these projects are increasingly complex and multifaceted, this experience on its own is not enough.\u201d<\/p>\n<p>Stuart continued: \u201cIncreasingly, the need to be \u2018people focused\u2019 is essential in forming effective relationships, built on empathy, trust and humility \u2013 in action this might be the ability to bring in technical solutions, \u2018the what\u2019; driving transformational human relationships \u2018the how\u2019; and how they work with the entire organization to empower transformation, \u2018the why\u2019. Typically, this centers around three roles \u2013 \u00a0<strong>the transformation partner<\/strong>,\u00a0<strong>the coach<\/strong>\u00a0and\u00a0<strong>the mediator<\/strong>.<\/p>\n<p><strong>The transformation partner<\/strong> places a greater emphasis on strong change management skills. Traditional transformation processes often fail as the executive teams remain rigid within traditional improvement program which are safe and familiar. For those looking to breakdown these barriers a consultant must have the ability to alter mindsets and address problems in which there is no immediate solution. There is a need for strong, intimate relationships built on credibility and authenticity, not purely contractual arrangements. Being able to demonstrate these qualities will instill trust and support leaders in navigating new transformations.<\/p>\n<p>\u201cThe role of\u00a0<strong>the coach<\/strong> is to push and motivate people outside of their comfort zone. Engaging in any transformation can be unsettling, leading to resistance or discomfort from an organization. An effective consultant should adopt a \u2018coach-like\u2019 approach to prepare them for the challenges of transformation and support them along the way. Their flexibility and awareness of uncertainty should instill confidence in leaders and their teams to trial new ways of working and experiment with new ideas.<\/p>\n<p>\u201cFinally, an effective transformation consultant should be able to address the considerations and concerns of an entire organization, essentially acting as a <strong>transformation mediator<\/strong>, not only to the executive team. They can empathize with people across organizations to instill a collective self-confidence; inspiring people at every level to challenge the status quo \u2013 play their part, get on board and even lead change. It is this third and final element, of aligning people and integrating new practices, that is crucial to sustaining transformation.\u201d<\/p>\n<p>Stuart concluded: \u201cThe future for transformation is to optimize the balance between traditional technical change approaches and introducing and developing adaptive change skills. Consultants enlisted to support this need to maximize their impact by teaming up with people that can articulate \u2018why\u2019, people who know \u2018how\u2019 and people that can \u2018do\u2019. This will be the key to leading and delivering successful long-term transformation programs for the future.\u201d<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Progress Group (TPG) and Crimson &amp; Co NA are now Argon &amp; Co as of September 9, 2020. &nbsp; Transformation is a word frequently used in business. Companies need to transform to improve performance and develop sustained competitive advantage. To do this effectively, external consultants are often used to make the desired transition happen. [&hellip;]<\/p>\n","protected":false},"template":"","class_list":["post-13873","whitepaper","type-whitepaper","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Business leaders must maximise the chance of success when engaging in business transformation projects - Argon &amp; Co<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.argonandco.com\/us\/news-insights\/whitepapers\/business-leaders-must-maximise-the-chance-of-success-when-engaging-in-business-transformation-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business leaders must maximise the chance of success when engaging in business transformation projects - Argon &amp; Co\" \/>\n<meta property=\"og:description\" content=\"The Progress Group (TPG) and Crimson &amp; Co NA are now Argon &amp; Co as of September 9, 2020. &nbsp; Transformation is a word frequently used in business. 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