To transform your business, you need to align your several levels of system, processes and organization to ease decision making, drive growth and unlock sustainable value through efficient use of internal data
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
What is the biggest challenges organization facing while transforming their business
1. What is the biggest challenges organizationfacing while transforming their
business?
To transformyour business, youneedtoalignyourseveral levelsof system, processesandorganization
to ease decisionmaking,drive growthandunlocksustainable value throughefficientuse of internal data
Nowletyouassume duringthistransformationphaseswhatare all the issue youwill phase toovercome
fromseveral levelsof ahurdle.Here are some of the majorreasonan organizationfacingwhilebusiness
transformation.
- Change towardsorganizational culture
- Theydo not believe in change
- Notcommunicatingthe change tointernal staffs
- Leaders
- Lack of strategyfortheircustomers
- Resource availability
- Scope and definingthe change
- Internal politics
Change towards organizational culture
The organizationhave theirownculture fromthe beginning that is more adaptive to change and
innovation, and there are those more anti-cultural. Most of the companies have their own
culture since its inception. They have a prescribed way of operating and delivering their own to
their customers. When the organization decide to transform their culture they are in a position
to convey the same to their internal staff. As most would have like or dislike the culture while
transforming. So it is one of their biggest challenges to make their staff adopt it to the new
culture and explain to them how this will make their business to the next level. What it should
impact during the transformation is the leadership style, quality of life of the workers, and the
way of engagement with the customers
They do not believe inchange
Organizationmainresponsibilityistomake the staff to believe theirnewerwayof system, processand
technologytounderstandthe necessityof change.If youoryour employerdoesdo notbelieve inthe
change and thenyoucannot able to sell it.Tell youremployeetounderstandwhytheyneedto
transformand howtheirsupportwill give the organization growthinnearfuture. Thiswillhelpthe
organizationin the sustainabilityof resources.If theyare notacceptingitor believing itthenitwouldbe
a great challenge foran organizationtoovercome it.
Not communicating the change to internal staffs:
If you are notcommunicatingachange properlytothe employeeoryourinternal staff.Itwouldresultin
a challenge forthe organizationtocope withtheirstrategyof implementingtheirdesiredneeds.Explain
2. to themwhyare youchanging.whatare yougoingto change,thenhow are you goingto do it?
Communicate itearlyaspossible toavoidmitigate of risk.
Leaders:
Leadersare the pillarsof the organizationastheygoingto manage the critical phase of the organization
to drive growthto maximize profitabilitytothe organizationgrowth.So thisisalsoone of the biggest
issuesfortransformingorganizational change.Here are some wouldIhave listedisthe biggestchallenge
for the organizationisthe leadersof the organization
- Lack of commitmenttosee the change initscore objectives
- Do not understandwhat’stheirrole inmakingit.
One shouldtake responsibilityinunderstandingthe core objectivesof the organization andexecuteit
effectively iswhatthe organizationwantbutitshouldnotconveyitto the leaderseffectivelyiswhat
noworganizationare facingwhile businesstransformation.
Lack of strategy for their customers
Organizationare lagginginproducing the customer-centricstrategyfortheirproductorservices.They
are eagerto launchthe digital transformationjourneybut theyare lagginginaclearvisionormissionto
execute iteffectively.Thatwill affectthe deliverabilityof theirproductandservicestotheirclients
duringbusinesstransformationstrategyexecution.
Thisis againone of the biggestchallengesorganizationfacingduring the transformationphase.All you
requiredisagood transformationstrategyasa solutioncompanyshouldtry tobringtheirstrengthand
weaknesstomake itsucceed.
Resource availability:
Get the rightkindof resource iswhatthe organizationrequiredtoexecute theirplanwiththe helpof
leaders.Butif youdon’t have enoughresources tofulfil yourdesiredgoal iswhatnow the organization
mainlyfacesduringthe businesstransformation.Resource availabilityisthe toppriorityforthe
organizationtoexecute itsstrategyeffective fortheirclients. If youdon’thave the goodresource to
fulfil yourneeds,thenmaintainingorsustainingaresource will be ahuge burdenforthe organization.
Scope and defines the change:
As we all knowmanychange initiativesare failedbecauseof notclarifyingiteffective totheircoworkers
or employees.Sothe organizationshoulddefinetheirgoalsandhelptheiremployeestounderstandthe
scope of the change. Properroadmapfor definingthe measurable outcomesandthe scope todeliverit
effectively.Soagainit’sa challenge forthe organizationduringtransformation.Theyshouldhave
maintained aclearpicture of the scope and definingthe change.
Internal politics:
3. One of the biggestchallengesforthe organizationistomaintaininternal politicsaroundthe employees.
It’sbeenneitherpositivenornegative thatcancontrol the information,resourcesandnetwork.Aswe
knowpoliticsispartof the organizationorrealityof life it’sstillbeenholdingahuge role in
transformationasthiswill affecttomaintainthe internal resources.soorganizationshouldneedtoknow
howit can be maintainedduringthe transformationphase ortheirpartof the businesstransformation
strategy