In this episode of the Inside the Strategy Room podcast, two senior partners, Chris Bradley and Wesley Walden, join us to talk about their research on improving the results of business transformation efforts.
One of the most important failure modes in transformations is not appreciating the context. Are you enjoying tailwinds because your industry has structural advantages and trends supporting it, or are you facing headwinds?
Think of performance moves as stepping on the gas while portfolio moves are about being in the right lane. If you step on the gas and you are in a slow lane, you will get into trouble, so changing lanes is as important as stepping on the gas.