Business Transformation

Business transformation entails a wide-reaching, strategically driven campaign to improve the way in which a company conducts business. Often business transformation is undertaken as a response to shifting market conditions, eroding competitive standing, and deteriorating financial results. These symptoms prompt companies to undertake business transformation initiatives. Top-performing companies may also implement proactive business transformation programs in order to continuously improve their performance and maintain competitive advantage. For any enterprise, a successful business transformation campaign can yield substantial benefits including greater strategic clarity, re-energized leadership, improved operational efficiency and effectiveness, and stronger financial performance.

Business transformation requires both vision and execution

While the ability to envision a company’s optimized future state is an essential part of a successful business transformation program, so too is effective change management. Refining strategies and redesigning processes poses one set of challenges. Getting people to buy into and effectively execute the new ways of doing business is at least as challenging as the design stage, if not more so.

The Hackett Group enables business transformation

The Hackett Group^®, a global strategic and operations consulting firm, delivers experience and expertise in both the design and the implementation of business transformation initiatives. The Hackett Group’s consulting services for business transformation, business process reengineering, and other modes of business process change are grounded in empirical data and proven results. Our advisors draw from extensive hands-on experience and from our unparalleled repository of process metrics, benchmarking data, and best practices gleaned from The Hackett Group’s more than 26,000 benchmarking engagements with the world’s leading companies, including 97% of the Dow Jones Industrials, 89% of the Fortune 100, 70% of the DAX 40 and 55% of the FTSE 100.

Backed by experience in the trenches and by thorough knowledge of how things are done at the world’s best performing companies, The Hackett Group can support your organization across all facets of:

• Business transformation design. Expert in best practices across all back-office functions and in sourcing options including outsourcing, offshoring, and global business services, The Hackett Group can help build the business case for change and you determine how thing should be done, where, and by whom.
• Business transformation implementation. Bringing to bear our unmatched knowledge of best practice implementation and our hands-on experience in driving change across the enterprise, The Hackett Group can help you develop a detailed transformational roadmap and execute against it.

To learn more about The Hackett Group’s business transformation consulting services, as well as our solutions for specific functional needs such as finance consulting, procurement strategy, supply chain process optimization and more, contact us.