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Business Transformation vs. Change Management

Feb. 7, 2022

Talal I. El Assaad

Business Transformation vs. Change Management

Philip Crosby said: "Slowness to change usually means fear of the new''

How you manage Business Transformation and adjust towards your organization’s Future plans depends on your Change Management skills. Often, business owners or directors mix up the difference between Change Management and Business Transformation. This becomes a hurdle in their growth. To have a firm grip on the concept of both business transformation and Change, you need to understand them side-by-side.

The Difference between Change and Transformation

While both terms might seem similar to some people, they are quite different. Change Management is a collective term for all approaches and methods that help an organization in accepting change. However, Business Transformation is preparing & adapting for the requirements of the future. It requires long-sightedness to foresee the future and forecast what will happen. Transformation is adopting new business practices to align the present with the future.

For instance: An organization believes their product will no longer be sold in the future. The immediate course of action will be to "Transform” the product, not change it.

However, if an organization highlights that its product did not perform well in the past. The course of action will be to "Change” their product concerning past research data. Here are more differences between Change Management and business transformation to help you grasp the concept.

 

''Change Management enables the journey towards a successful, solid and robust Business Transformation''

 

Change Management

Change Management allows organizations to be in a constant phase of evolution & it facilitates periods of general business; it keeps employees productive and motivated during the process of change.
A successful change management strategy requires effective communication between the management and employees.
Many changes a business encounters today involves technology or communication system. Therefore, Change Management also requires an emphasis on planning and training.
One of the most strategic definitions of change is: tangible, immediately measurable, discreet, and immediately tactical alteration.

Change Management enables a solid and successful transformation by explaining why the change was necessary. Doing everything in power to smoothen the transition for individuals whose jobs are transformed is also a part of Change Management.

Business Transformation
It begins by comparing the present with the future and analyzing where your business stands and its survival chances.Business transformation helps adjust to the demand of the (consumer) market, and it mostly returns high profits.Business transformation requires foresight and strong decision-making skills. It surely requires Change Management to enable it!
Staying close to the future helps organizations keep up with the dynamics of the consumer market. Looking ahead helps in staying ahead of the competition as well.Finally, business transformation is about modifying belief so that natural actions achieve desired results.

Staying close to the future helps organizations keep up with the dynamics of the consumer market. Looking ahead helps in staying ahead of the competition as well.

Finally, business transformation is about modifying belief so that natural actions achieve desired results.

Final Verdict

Understanding and predicting where to change business processes and when to adapt rigorous business transformation is an art. As most entrepreneurs don’t know what goes when and where, adapting a Change Management enabled organization leads to faster & more successful Business Transformation.

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