Planning to Undergo a Business Transformation? Here Are 5 Tips to Help You Get Started

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“Transformation” is a term that is tossed around broadly and used frequently to describe the state of a business. But the reality is most businesses fail in their transformation efforts. In fact, in a 2016 KPMG global study, 96% of organizations reported they were undergoing business transformations, but only 47% expected to see long-term value, and an estimated 70% of companies fail at change efforts.

Why? Because many are simply not ready for the challenges and long-term commitment that come with transformation. As the CEO of a company currently in the midst of transforming, I can emphatically say it’s not for

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