The Transformation Challenge—How to Lead It Effectively
Our Privacy Policy has been updated! The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you acknowledge our privacy policy and consent to the use of cookies.  Our Privacy Policy has been updated! Detailed information on the use of cookies on this site is provided in our cookie policy and our privacy policy. 
TCB Tourch
Loading...
  • logoImage
  •  
    • US
    • EUROPE
    • ASIA

  • 2

    Close
    • Insights
        • Insights
        • Explore by Center
          • Explore by Center

          • CED
            Committee for Economic Development

          • Economy, Strategy & Finance

          • Environmental, Social & Governance

          • Human Capital

          • Marketing & Communications
        • Explore by Content Type
          • Explore by Content Type

          • Reports

          • Webcasts

          • Podcasts

          • Charts & Infographics
        • Trending Topics
          • Trending Topics

          • Artificial Intelligence (AI)

          • 2024 Elections

          • Geopolitics

          • US Economic Forecast

          • Sustainability

          • Future of Work
    • Events
        • Events
        • Upcoming Events
          • Upcoming Events

          • Employee Well-Being: The Foundation of Future Business Success (Employers)

          • 2025: A Year In Preview

          • Corporate Communications: Driving the Business Forward

          • 25th Annual Employee Health Care Conference - New York

          • 2025 ESG Summit

          • 25th Annual Employee Health Care Conference - San Diego

          • Explore all Upcoming Events

        • Member-Exclusive Programs
          • Member-Exclusive Programs

          • Center Briefings

          • Experts Live

          • Roundtables

          • Working Groups

          • Expert Briefings

    • Data
        • Data

        • Consumer Confidence Index

        • Data Central

        • TCB Benchmarking

        • Employment Trends Index

        • Global Economic Outlook

        • Leading Economic Indicators

        • Help Wanted OnLine

        • Labor Markets

        • Measure of CEO Confidence

        • Human Capital Benchmarking &
          Data Analytics

        • CMO+CCO Meter Dashboard

    • Centers
        • Centers
        • Our Centers
          • Our Centers

          • Committee for Economic Development

          • Economy, Strategy & Finance

          • Environmental, Social & Governance

          • Human Capital

          • Marketing & Communications
        • Center Membership
          • Center Membership

          • What Is a Center?

          • Benefits of Center Membership

          • Join a Center

    • Councils
        • Councils
        • Find a Council
          • Find a Council

          • Economy, Strategy & Finance

          • Environmental, Social & Governance

          • Human Capital

          • Marketing & Communications
        • Council Membership
          • Council Membership

          • What is a Council?

          • Benefits of Council Membership

          • Apply to a Council

    • Membership
        • Membership
        • Why Become a Member?
          • Why Become a Member?

          • Benefits of Membership

          • Check if Your Organization is a Member

          • Speak to a Membership Associate
        • Types of Membership
          • Types of Membership

          • Council

          • Committee for Economic Development

          • Economy, Strategy & Finance

          • Environmental, Social & Governance

          • Human Capital

          • Marketing & Communications

        • Already a Member?
          • Already a Member?

          • Sign In to myTCB™

          • Executive Communities

          • Member-Exclusive Programs

    • About Us
        • About Us
        • Who We Are
          • Who We Are

          • About Us

          • In the News

          • Press Releases

          • Our History

          • Support Our Work

          • Locations

          • Contact Us

        • Our Community
          • Our Community

          • Our Leadership

          • Our Experts

          • Trustees

          • Voting Members

          • Global Counsellors

          • Careers

          • This Week @ TCB

    • Careers
    • This Week @ TCB
    • Sign In to myTCB™
      • US
      • EUROPE
      • ASIA
    • Insights
      • Insights
      • Explore by Center
        • Explore by Center

        • CED
          Committee for Economic Development

        • Economy, Strategy & Finance

        • Environmental, Social & Governance

        • Human Capital

        • Marketing & Communications

      • Explore by Content Type
        • Explore by Content Type

        • Reports

        • Webcasts

        • Podcasts

        • Charts & Infographics

      • Trending Topics
        • Trending Topics

        • Artificial Intelligence (AI)

        • 2024 Elections

        • Geopolitics

        • US Economic Forecast

        • Sustainability

        • Future of Work

    • Events
      • Events
      • Upcoming Events
        • Upcoming Events

        • Employee Well-Being: The Foundation of Future Business Success (Employers)

        • 2025: A Year In Preview

        • Corporate Communications: Driving the Business Forward

        • 25th Annual Employee Health Care Conference - New York

        • 2025 ESG Summit

        • 25th Annual Employee Health Care Conference - San Diego

        • Explore all Upcoming Events

      • Member-Exclusive Programs
        • Member-Exclusive Programs

        • Center Briefings

        • Experts Live

        • Roundtables

        • Working Groups

        • Expert Briefings

    • Data
      • Data

      • Consumer Confidence Index

      • Data Central

      • TCB Benchmarking

      • Employment Trends Index

      • Global Economic Outlook

      • Leading Economic Indicators

      • Help Wanted OnLine

      • Labor Markets

      • Measure of CEO Confidence

      • Human Capital Benchmarking & Data Analytics

      • CMO+CCO Meter Dashboard
    • Centers
      • Centers
      • Our Centers
        • Our Centers

        • Committee for Economic Development

        • Economy, Strategy & Finance

        • Environmental, Social & Governance

        • Human Capital

        • Marketing & Communications

      • Center Membership
        • Center Membership

        • What is a Center?

        • Benefits of Center Membership

        • Join a Center

    • Councils
      • Councils
      • Find a Council
        • Find a Council

        • Economy, Strategy & Finance

        • Environmental, Social & Governance

        • Human Capital

        • Marketing & Communications
      • Council Membership
        • Council Membership

        • What is a Council?

        • Benefits of Council Membership

        • Apply to a Council

    • Membership
      • Membership
      • Why Become a Member?
        • Why Become a Member?

        • Benefits of Membership

        • Check if Your Organization is a Member

        • Speak to a Membership Associate

      • Types of Membership
        • Types of Membership

        • Council

        • Committee for Economic Development

        • Economy, Strategy & Finance

        • Environmental, Social & Governance

        • Human Capital

        • Marketing & Communications

      • Already a Member?
        • Already a Member?

        • Sign In to myTCB™

        • Executive Communities

        • Member-Exclusive Programs
    • About Us
      • About Us
      • Who We Are
        • Who We Are

        • About Us

        • In the News

        • Press Releases

        • This Week @ TCB

        • Our History

        • Support Our Work

        • Locations

        • Contact Us

      • Our Community
        • Our Community

        • Our Leadership

        • Our Experts

        • Trustees

        • Voting Members

        • Global Counsellors

        • Careers

        • This Week @ TCB

    • Careers
    • Sign In to myTCB™
    • Download TCB Insights App
  • Insights
    Insights

    Our research and analysis have helped the world's leading companies navigate challenges and seize opportunities for over 100 years.

    Explore All Research

    Economic Indicators

    • Explore by Center
    • CED
      Committee for Economic Development
    • Economy, Strategy & Finance
    • Environmental, Social & Governance
    • Human Capital
    • Marketing & Communications
    • Explore by Content Type
    • Reports
    • Webcasts
    • Podcasts
    • Charts & Infographics
    • Trending Topics
    • Artificial Intelligence (AI)
    • 2024 Elections
    • Geopolitics
    • US Economic Forecast
    • Sustainability
    • Future of Work
  • Events
    Events

    Our in-person and virtual events offer unmatched opportunities for professional development, featuring top experts and practitioners.

    See Everything Happening This Week

    Sponsor a Program

    • Upcoming Events

      • Employee Well-Being: The Foundation of Future Business Success (Employers)

      December 04 - 05, 2024

      2025: A Year In Preview

      February 04 - 05, 2025

      Corporate Communications: Driving the Business Forward

      March 06 - 07, 2025

    •  

      • 25th Annual Employee Health Care Conference - New York

      April 08 - 09, 2025

      2025 ESG Summit

      April 24 - 25, 2025

      25th Annual Employee Health Care Conference - San Diego

      May 01 - 02, 2025

    Explore all Upcoming Events

    • Member-Exclusive Programs
    • Center Briefings
    • Experts Live
    • Roundtables
    • Working Groups
    • Expert Briefings
    • Explore by Type
    • Events
    • Webcasts
    • Podcasts
    • Member-Exclusive Programs
    • Center Briefings
    • Experts Live
    • Roundtables
    • Working Groups
    • Expert Briefings
  • Data
    TCB Benchmarking

    Real-time data & analytical tools to benchmark your governance, compensation, environmental and social practices against US public companies

    Economic Data

    Consumer Confidence Index

    US consumers' thoughts on the economy, jobs, finances and more

    Data Central

    One-stop, member-exclusive portal for the entire suite of indicators

    Labor Markets

    Covering all aspects of labor markets, from monthly development to long-term trends

    Measure of CEO Confidence

    Examines the health of the US economy from the perspective of CEOs

     

    Employment Trends Index

    Monthly, forward-looking composite of eight proven labor-market indicators

    Global Economic Outlook

    Track the latest short-, medium-, and long-term growth outlooks for 77 economies

    Leading Economic Indicators

    Track the state of the business cycle for 12 global economies across Asia and Europe

    Help Wanted OnLine

    Track the status of job markets across the US through online job listings

    Other Featured Data

    Human Capital Analytics Tools

    Tools to understand human capital management and corporate performance

    CMO+CCO Meter Dashboard

    Tracks the impact, resources, and satisfaction of CMOs and CCOs

  • Centers
    Centers

    Centers offer access to world-class experts, research, events, and senior executive communities.

    Our Centers
    • Committee for Economic Development
    • Economy, Strategy & Finance
    • Environmental, Social & Governance
    • Human Capital
    • Marketing & Communications
    Center Membership
    • What Is a Center?
    • Benefits of Center Membership
    • Join a Center
  • Councils
    Councils

    Councils are invitation-only, peer-led communities of senior executives that come together to exchange knowledge, accelerate career development, and advance their function.

    Find a Council
    • Economy, Strategy & Finance
    • Environmental, Social & Governance
    • Human Capital
    • Marketing & Communications
    Council Membership
    • What Is a Council?
    • Benefits of Council Membership
    • Apply to a Council
  • Membership
    Membership

    Membership in The Conference Board arms your team with an arsenal of knowledge, networks, and expertise that's unmatched in scope and depth.

    • Why Become a Member?
    • Benefits of Membership
    • Check if Your Organization is a Member
    • Speak to a Membership Associate
    • Types of Membership
    • Council
    • Committee for Economic Development
    • Economy, Strategy & Finance
    • Environmental, Social & Governance
    • Human Capital
    • Marketing & Communications
    • Already a Member?
    • Sign in to myTCBTM
    • Executive Communities
    • Member-Exclusive Programs
  • About Us
    About Us

    The Conference Board is the global, nonprofit think tank and business membership organization that delivers Trusted Insights for What's Ahead™. For over 100 years, our cutting-edge research, data, events and executive networks have helped the world's leading companies understand the present and shape the future.

    Learn more about Membership

    • Who We Are
    • About Us
    • In the News
    • Press Releases
    • Our History
    • Support Our Work
    • Locations
    • Contact Us
    • Our Community
    • Our Leadership
    • Our Experts
    • Trustees
    • Voting Members
    • Careers
    • This Week @ TCB
Check if You're a Member
Create Account
Forgot Your Password?

Members of The Conference Board get exclusive access to the full range of products and services that deliver Trusted Insights for What's Ahead TM including webcasts, publications, data and analysis, plus discounts to conferences and events.

Innovate & Transform

The Transformation Challenge—How to Lead It Effectively

05 September 2024 / Article

Download Article
  • Email
  • Linkedin
  • Facebook
  • Twitter
  • Copy Link

Transformation is a dominant theme in today’s business discussions. As the pace of change accelerates—driven by technologies like AI and a growing array of service robots (e.g., Alexa, Siri, JIBO, Tally)—corporations must continually adapt their visions, strategies, and operations. 

Trusted Insights for What’s Ahead™

  • Transformations never end, and it’s the leader’s role—and challenge—to identify interim starting and endpoints to guide an enterprise through significant transformational stages.
  • Change management is crucial in any transformation. Micro change management—a persistent set of small, orchestrated changes made continuously over a period of time— plays a key role in speeding up transformation efforts by addressing change needs at a detailed level.
  • The organization must eliminate outdated processes or mindsets that act as barriers to transformation and can hinder or even derail progress. Aligning hearts and minds with the accompanying cultural shift will energize any transformation. 

Transformation is a dominant theme in today’s business discussions. As the pace of change accelerates—driven by technologies like AI and a growing array of service robots (e.g., Alexa, Siri, JIBO, Tally)—corporations must continually adapt their visions, strategies, and operations. 

Trusted Insights for What’s Ahead™

  • Transformations never end, and it’s the leader’s role—and challenge—to identify interim starting and endpoints to guide an enterprise through significant transformational stages.
  • Change management is crucial in any transformation. Micro change management—a persistent set of small, orchestrated changes made continuously over a period of time— plays a key role in speeding up transformation efforts by addressing change needs at a detailed level.
  • The organization must eliminate outdated processes or mindsets that act as barriers to transformation and can hinder or even derail progress. Aligning hearts and minds with the accompanying cultural shift will energize any transformation. 
  • Measuring the progress of the transformation must extend beyond primary corporate metrics such as revenue and profit to include secondary or tertiary data linked to behavioral shifts—such as how quickly employees sign up for training after the first request or how engagement is impacted by the new initiative—which are often more challenging yet critical to define and measure.
  • After capturing and analyzing behavioral data, it's crucial to implement adjustments that facilitate the transformation for users. Short and actionable feedback loops should prioritize input that accelerates associate engagement. Reward systems serve as effective tools to reinforce behaviors that align with the transformation effort.  

Realizing the Realities and Intricacies of Transformation

Any transformation is a sequence of moments within the broader context of an organization's life. Assessing the exact start and

This publication is available to you, but you need to sign in to myTCBTM or create an account to access it.To learn more about becoming a Member click here. To check if your company is a Member, click here
  • Sign In
  • Create An Account

Forgot Password?

 

Keep my computer signed in



 

By Clicking 'Create Account',
You Agree To Our Terms Of Use

Create Account  

Members of The Conference Board get exclusive access to Trusted Insights for What’s AheadTM through publications, Conferences and events, webcasts, podcasts, data & analysis, and Member Communities.

Great News!

You already have an account with The Conference Board.

Please try to login in with your email or click here if you have forgotten your password.

Author

Jim Fitzhenry

Jim Fitzhenry Jim Fitzhenry

Senior Fellow
The Conference Board

Read Bio

Other Related Resources

Newsletters & Alerts

AI Innovation: Transforming Communication and Work

AI Innovation: Transforming Communication and Work

November 01, 2024

Newsletters & Alerts

AI Innovation: The Secret Tech Behind Frictionless Shopping

AI Innovation: The Secret Tech Behind Frictionless Shopping

August 14, 2024

Newsletters & Alerts

AI Innovation: Figure's Mysterious New Humanoid Robot

AI Innovation: Figure's Mysterious New Humanoid Robot

August 08, 2024

Newsletters & Alerts

AI Innovation: Separating Fact From Fiction Across Industries

AI Innovation: Separating Fact From Fiction Across Industries

July 31, 2024

Newsletters & Alerts

AI Innovation: AI That's Bringing Hollywood Dreams to Life

AI Innovation: AI That's Bringing Hollywood Dreams to Life

July 15, 2024

Report

Breaking Through the Paradoxes of Regulation

Breaking Through the Paradoxes of Regulation

July 11, 2024

Article

Taking Advantage of a Crisis: Ecosystem Innovation at Sime Darby Plantation

Taking Advantage of a Crisis: Ecosystem Innovation at Sime Darby Plantation

March 06, 2024

Article

The AI Journey: Where Will AI Take Us in 2024?

The AI Journey: Where Will AI Take Us in 2024?

February 22, 2024

Newsletters & Alerts

AI Innovation: Your Weekly Briefing

AI Innovation: Your Weekly Briefing

January 18, 2024

Newsletters & Alerts

AI Innovation: Your Weekly Briefing

AI Innovation: Your Weekly Briefing

January 16, 2024

Newsletters & Alerts

AI Innovation: Your Weekly Briefing

AI Innovation: Your Weekly Briefing

December 21, 2023

Newsletters & Alerts

AI Innovation: Your Weekly Briefing

AI Innovation: Your Weekly Briefing

December 20, 2023

Newsletters & Alerts

AI Innovation: Your Weekly Briefing

AI Innovation: Your Weekly Briefing

December 19, 2023

Newsletters & Alerts

AI Innovation: Your Weekly Briefing

AI Innovation: Your Weekly Briefing

November 20, 2023

Newsletters & Alerts

Disruptive Innovation Radar: AI - Complexities and Contradictions

Disruptive Innovation Radar: AI - Complexities and Contradictions

August 04, 2023

Report

Innovation and the Future of Work: an Asian Perspective

Innovation and the Future of Work: an Asian Perspective

July 25, 2023

Newsletters & Alerts

Disruptive Innovation Radar: A Human-Centric Approach to AI

Disruptive Innovation Radar: A Human-Centric Approach to AI

July 13, 2023

Podcasts

AI in the EU: What C-Suite Executives Need to Know

AI in the EU: What C-Suite Executives Need to Know

July 10, 2023

Newsletters & Alerts

Disruptive Innovation Radar: AI Regulations

Disruptive Innovation Radar: AI Regulations

June 06, 2023

Report

Unlocking Purpose-Driven Innovation: An Inspiration by Trane Technologies

Unlocking Purpose-Driven Innovation: An Inspiration by Trane Technologies

February 15, 2023

Report

Digital for Green

Digital for Green

February 04, 2023

Newsletters & Alerts


 AI Innovation: Transforming Communication and Work

AI Innovation: Transforming Communication and Work

November 01, 2024

Newsletters & Alerts


 AI Innovation: The Secret Tech Behind Frictionless Shopping

AI Innovation: The Secret Tech Behind Frictionless Shopping

August 14, 2024

Newsletters & Alerts


 AI Innovation: Figure's Mysterious New Humanoid Robot

AI Innovation: Figure's Mysterious New Humanoid Robot

August 08, 2024

Conference

Future: Innovate & Transform

Future: Innovate & Transform

November 13, 2024

Councils

Asia Innovation Council

Asia Innovation Council

Councils

CIO Business & Transformation Council

CIO Business & Transformation Council

Councils

Innovation Council

Innovation Council

Councils

Gulf Innovation, Sustainability and Strategy Council

Gulf Innovation, Sustainability and Strategy Council

Councils

Data & Analytics Executives Council

Data & Analytics Executives Council

Councils

Sustainability Council II: Innovation & Growth

Sustainability Council II: Innovation & Growth

Councils

Chief Technology and Innovation Officers Council

Chief Technology and Innovation Officers Council

Councils

Innovation Leadership Council

Innovation Leadership Council

Councils

Asia Strategy, Transformation and Growth Council

Asia Strategy, Transformation and Growth Council

Councils

Gulf Strategy and Transformation Council

Gulf Strategy and Transformation Council

Conference

Future: Innovate & Transform

Future: Innovate & Transform

November 13, 2024

Councils

Asia Innovation Council

Asia Innovation Council

Councils

CIO Business & Transformation Council

CIO Business & Transformation Council

Conference Board Sample Web Chat
chatbot-Icon TCB Logo
chatbot-Icon
C-Suite Insights Newsletter - Subscribe to the must-read weekly newsletter for C-suite executives from The Conference Board
ABOUT US
  • Who We Are
  • Annual Report
  • Our History
  • Our Experts
  • Our Leadership
  • In the News
  • Press Releases
MEMBERSHIP
  • Become a Member
  • Sign In to myTCB™
  • Access Experts
  • Member-Only Events
  • Data & Benchmarking
  • AskTCB
  • Manage Account
EXPLORE
  • Centers
  • Councils
  • Latest Research
  • Programs
  • Webcasts
  • Podcasts
  • This Week @ TCB
CONTACT US
  • Americas
    +1 212 759 0900
    customer.service@tcb.org
  • Europe/Africa/Middle East
    +32 2 675 5405
    brussels@tcb.org
  • Asia
    Hong Kong | +852 2804 1000
    Singapore | +65 8298 3403
    service.ap@tcb.org
CAREERS
  • See Open Positions
Terms Of Use | Privacy Policy | Event Code of Conduct | Trademarks
© 2024 The Conference Board Inc. All rights reserved. The Conference Board and torch logo are registered trademarks of The Conference Board.
The use of all The Conference Board data and materials is subject to the Terms of Use. Reprint requests are reviewed individually and may be subject to additional fees.The Conference Board reserves the right to deny any request.
Terms of Use | Privacy Policy | Event Code of Conduct | Trademarks
© 2024 The Conference Board Inc. All rights reserved. The Conference Board and torch logo are registered trademarks of The Conference Board.
The use of all data from The Conference Board data and materials is subject to the Terms of Use. Reprint requests are reviewed individually and may be subject to additional fees.The Conference Board reserves the right to deny any request.

Thank you for signing up. You will now receive CEO Insights for What's Ahead every Wednesday morning. You can unsubscribe at any time or manage your preferences to receive more content from The Conference Board.

Announcing The Conference Board AI Virtual Conference Series

Explore the Impact of AI on Your Business

Members receive complimentary registration - Learn more >>