by Randall CraigFiled in: Make It Happen Tipsheet, Blog, Planning, Strategy, Time managementTagged as: Business transformation, Setting priorities
True or False: If you could deliver more to your clients, you should. True or False: If you could serve more markets, you should. And finally, True or False: If you could sell a greater range of services and products, you should.
While the answer to these questions can be argued successfully either way, too often we see “more” as always the better answer. After all, who doesn’t want more sales, more margin, and more profit?
Unfortunately, the challenge of “more” is that it adds… more. More complex recruiting, more training, more R&D, more complex marketing, more complex operations, more complex IT, more complex support, and a more complex management structure.
One approach to Business Transformation is to strip away the “more”, and refashion the organization into one that is far less complex. And as a result, one that is more focused with a far tighter cost structure.
To help “strip away the more”, here are three questions to start the conversation:
Before even starting a business transformation conversation (let alone a digital transformation one), your organization must choose what to stop doing. This week, share this tipsheet with your colleagues, and have this “stop-doing” conversation instead. To make room for something new, you also need to stop doing something old.
Related post: “Done is Better than Perfect”, True or False: Digital Transformation or Business Extinction
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