Executive Briefings

Supply Chain Transformation Critically Important, But Most Such Efforts Fall Short of Goals

Across almost all sectors and regions, companies face unprecedented disruption. The competitive advantages that once gave companies a defensible position - their product lineup, scale or legacy position - are no longer as secure as they were. Some upstart with a newer and more agile operating model will start taking market share - if it hasn't already.

In the face of this volatility and complexity, most businesses must transform, meaning a comprehensive change in strategy, operating model, organization, people and processes. More than ever before, transformation is an imperative. In fact, forward-thinking companies are launching preemptive transformations while they still hold a dominant market position, retooling themselves to stay ahead. The hard reality, however, is that many transformations fail. Some 75 percent fall short of their targets—in terms of value generated, timing, or both.

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In the face of this volatility and complexity, most businesses must transform, meaning a comprehensive change in strategy, operating model, organization, people and processes. More than ever before, transformation is an imperative. In fact, forward-thinking companies are launching preemptive transformations while they still hold a dominant market position, retooling themselves to stay ahead. The hard reality, however, is that many transformations fail. Some 75 percent fall short of their targets—in terms of value generated, timing, or both.

Read Full Article