A step-by-step process for catalysing business model (r)evolution
Business transformation refers to the sustainable adaptation of a business model to changing environmental conditions. It goes beyond individual change initiatives as it focuses on developing all elements of the business model in a coordinated and integrated manner.
The Kickstart Business Transformation Workshop ensures that a company responds holistically to changing macro-economic developments, new competitors on the market and, above all, to shifting customer needs.
Did you know that only 47% of executives are confident that their change initiatives will result in actual organisational trans-formation? Since many business transformations fail, KPMG conducted a study to identify the top five reasons for that to happen. These include little understanding of the complexity of one’s business model and environment, the inability to come up with innovative business solutions by thinking and acting in radically new ways, a lack of consideration of national and organisational culture when it comes to embedding change, insufficient alignment and integration when it comes to new technologies and existing organisational routines, and finally,
no change management plan or poor implementation.
Our Kickstart Business Transformation Workshop solves the very problems that stand in the way of successful organisational (r)evolution. In interdisciplinary teams we will create a shared understanding of your organisation, business model, as well as external influencing factors. By working both analytically and creatively, we will uncover obstacles and opportunities in regards to what and how you have to change as a business. On this basis we decide which new business capabilities you have to develop to thrive in the future and design a detailed roadmap for their implementation.
You will bring together colleagues from other areas of your organisation and develop a common picture of your business model and external influencing factors that impact it
You will engage in our transformative business process that is both analytical and creative to develop ideas for new business capabilities that will allow you to thrive in the future
You will design the necessary business capabilities in detail and determine which measurable business outcomes you aim to realise through their development
You will develop a roadmap for organisational transformation that includes regular reviews and retrospectives to ensure successful change implementation
You will learn how to work with the analytical tools and creative collaboration methods we have summarised in our Kickstart Business Transformation Playbook in order to continue running your own organisational transformation workshops iteratively and independently
We are not here to tell you how to change. Each organisation is a highly unique and complex social organism who you are the real experts for. That is why our intention is to equip you with innovative and effective frameworks, methods, and tools through which you can identify and realise the necessary changes yourself without being dependent on external consultants.
The basic idea of our Kickstart Business Transformation Workshop is: “Teach me how to do it myself”. By learning not only how to develop your business model, but how to harness the power of collective intelligence by engaging in iterative and co-creative processes, you can become your own in-house consultants who can generate innovative business solutions on their own – time and time again.
How do we start the transformation? This is the most common question from executives. Start with a kickstart. This intensive workshop brings their team together, explores changing customer needs, develops business model innovations and creates new opportunities for growth.
But more than that, we help design and implement new business capabilities and make transformation actionable. Our Kickstart Business Transformation Playbook (86 pages) gives you a step-by-step guide on how to iteratively evolve your business model on your own.
In the first phase of the workshop, you and your team develop a holistic picture and common understanding of your current business model and value proposition:
Step 1 - Business Model
Deep dive into the idea behind your current business model, as well as the structures and processes you use for value creation through the Business Model Canvas.
Step 2 - Value Proposition
Identify your current unique value proposition and review it using the Value Map and Value Proposition Canvas.
Step 3 - External Influencers
Examine how macro-economic trends, your partner ecosystem, values and needs of your customers / users, as well as competing business models may impact your organisation by using the 4 Influencing Forces Tool.
Now it's time to get creative and develop innovative business solutions! Through a mix of diverse frameworks, methods, and tools, we guide you how to find and validate new and necessary capabilities your business will have to develop to thrive in the future. A business capability is defined as something your company must be able to do (but cannot do today) in order to remain successful despite changing market conditions.
Step 4: New business capabilities
What does your company need to be able to do in the future in order to respond most successfully to the influencing forces and changes in the external environment? Find ideas for new business capabilities with the help of the TRIZ Process.
Step 5: Think disruptively
Challenge yourself and the ideas you collected to develop truly innovative business solutions by using the 4 Action Framework.
Step 6: Validate business capabilities
Evaluate the newly found business model innovations and capabilities and investigate feasibility and impact through the SCRUM Matrix.
In the final phase of the workshop, you will determine individual and collective actions and responsibilities for implementing the new business capabilities. You will also define what value each capability should measurably create for your customers and your company. Based on the desired outcomes, you will create a change management plan and detailed roadmap with regular reviews and retrospectives to ensure successful implementation and sustainable transformation.
Step 7: Design capabilities
Outline each selected capability in detail, define actions for development and implementations, allocate roles and responsibilities, and identify the desired, measurable outcome you aim to realise through this business capability using the Capability Design Canvas.
Step 8: Develop roadmap
List all action steps, roles and responsibilities in a change management plan that will be implemented over the course of 3 quarters
Step 9: Commit to implementation
Establish capability owners and decide what resources, processes, and activities they need to ensure sustainable implementation of the new business capabilities (reviews and retrospectives, platforms, communications, etc.)
Are you interested in a training or a workshop – and want to make sure that your requirements are considered perfectly?
Verena Rhoads will answer your questions and advise you concerning your individual requirements. Use our contact form or speak to Verena directly:
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