logo

Reason Behind Failure of Enterprise Transformations Report 2022

   

Added on  2022-10-15

11 Pages1984 Words27 Views
 | 
 | 
 | 
Running head: REASON BEHIND FAILURE OF ENTERPRISE TRANSFORMATIONS
Reason behind failure of enterprise transformations
Name of the Student:
Name of the University:
Author’s Note:
Reason Behind Failure of Enterprise Transformations Report 2022_1

1REASON BEHIND FAILURE OF ENTERPRISE TRANSFORMATIONS
Executive Summary
The current report discusses about various problems as well as hindrance faced by an
organization while undergoing several transformational changes and differences between
organizations that are proved to be successful with those that fail have also been laid out
clearly. Therefore factors where organizations face problems have been studied in detail and
an analysis has been made to identify ways by which those barriers can be removed through
effective means of communication. This report sets examples for that business that are
planning to undertake certain innovative operations in the future years to come.
Reason Behind Failure of Enterprise Transformations Report 2022_2

2REASON BEHIND FAILURE OF ENTERPRISE TRANSFORMATIONS
Table of Contents
Introduction................................................................................................................................3
Discussion..................................................................................................................................3
Reasons behind failure of enterprise transformations............................................................3
Differences between successful firms and those which have failed......................................5
Problems faced by enterprises while undergoing transformation..........................................5
Recommendations......................................................................................................................7
Conclusion..................................................................................................................................7
References..................................................................................................................................8
Reason Behind Failure of Enterprise Transformations Report 2022_3

3REASON BEHIND FAILURE OF ENTERPRISE TRANSFORMATIONS
Introduction
Business Organizations are rapidly undergoing changes in modern era as they think
that implementation of necessary changes would lead to organizational success in future.
Leaders of an organization are gradually shifting towards implementation of innovation,
management of knowledge as well as human resources instead of undertaking the
responsibility of managing mass markets. These organizations suffer failure as a result of
incorporating transformations in their work process and the rate of failure has gone up to 65-
70% nowadays (Battistelli et al. 2014). The current report discusses about an investigation
into those failed cases and determine the factors that would increase the probability of
organizations achieving success as a result of undergoing through transformation. The report
involves utilization of secondary data in order to justify the failed cases and identify
differences between firms that succeed with the ones that fail. Finally it states certain
recommendations for those organizations so that rate of failure can be minimized.
Discussion
Reasons behind failure of enterprise transformations
Lack of strategic outlook that concerns transformation objectives as well as impact
Organizations usually undertake digital transformation in a fashionable manner without
understanding a specific path that their journey might lead them. Incorporated changes are
often identified to be sporadic as well as chaotic. They mostly lack a definite form of
strategic outlook and lead to production of various challenges that are mostly non-integrated.
Companies generally fail to realize ways by which business as well values obtained from
customers can be improved by replacing traditional business models.
Reason Behind Failure of Enterprise Transformations Report 2022_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
ENTERPRISE TRANSFORMATION AND INNOVATION.
|9
|1991
|26

Enterprise Transformation and Innovation
|11
|2172
|195

Understanding Organizational Change Failure
|9
|1599
|250

Air New Zealand: Leading in an age of disruption
|7
|2084
|414

Unsuccessful Digital Marketing Strategy of Nokia: Reasons and Solutions
|9
|1557
|464

Leading Change: Why Transformation Efforts Fail
|10
|2740
|85