Business Transformation is the process of fundamentally changing the systems, processes, people, and technology across a whole business unit to achieve measurable improvements in efficiency, effectiveness, and stakeholder satisfaction.
An effective business transformation means your organization can survive and thrive as you pursue new innovation-driven opportunities that emerge, as you respond to shifting market demands, and as you navigate evolving regulatory complexities
Transformation can enable better collaboration within and between organisations, more personalised ways of customer engagement, higher employee innovation and productivity, and more accurate insights from data, all of which help a business grow and give it a better chance of thriving post-pandemic.
Achieving process excellence is crucial to the sustainability and growth of your business. Furthermore, before embarking on your process excellence journey, it's a good idea to assess your company's present process beliefs and practices.
Process Excellence is concerned with the process itself – making processes more efficient and effective through design and testing. The main goal is to deliver consistent, positive 6 outcomes with minimal variation (which Six Sigma tackles) and waste.
Business transformation is an umbrella term for making fundamental changes in how a business or organization runs. This includes personnel, processes, and technology. These transformations help organizations compete more effectively, become more efficient, or make a wholesale strategic pivot.