PORTFOLIO MANAGEMENT CONSULTANCY RABL & HAHN.

What is business transformation?

Today, agility and adaptability are crucial for companies to keep up with changing markets and customer needs in order to be successful as a business. Today and in the future, the world will be increasingly shaped by digitization and technological automation. For competitive companies, this means not trying to withstand these changes by adapting the supply chain, but rather striving for measures through business transformation. It is a process of deliberately redesigning the basic structure of a company so that it can develop a new identity.

In a business transformation, we think through the business model, making fundamental changes to internal processes. Not only will an efficient digital system be designed, but there will be changes through new ways of thinking and a newly developed sustainable business strategy. Business transformation is a measure in a company to change the strategy and the business model through a fundamental change in the relationship to the social and economic environment.

Business Transformation – change and development into a new identity. Business change, business or company transformation – the generic term for all processes for market changes (operational, digital, cultural) stands for all these terms: the business transformation.

Our goal in this measure and the concept of a business transformation is to increase customer satisfaction, minimize costs and create sustainable added value. At the management consultancy Rabl & Hahn, we analyze the challenges and goals of your company together with you. From the idea to the implementation of a business transformation - we advise, accompany and support you. We offer the creativity of an agency, the expertise of a management consultancy and the expertise for constant change.

The implementation of a successful business transformation can take several months, but also years and the corresponding entrepreneurial decisions must come from the management, i.e. the management level, and be pushed forward from there. Business leaders are responsible for managing tasks related to the business transformation process and need to redefine their business model. With a fundamental rethinking and the decisions for process changes that are introduced in certain systems or in the personnel, they make a significant contribution to the fundamental success of the company.

Benefits of a business transformation: A business transformation successfully implemented by us includes a number of advantages for companies that can be realized with it.

• Sustainability:  With a business transformation, intelligent energetic management systems can be used. By setting sustainability goals, companies make their contribution to environmental protection and also enhance their image.
• Safety: Automated production lines, artificial intelligence and robotics contribute to better control options and protect employees.
• Efficiency: The cornerstone for intelligent automation are new integrated technologies that can be used to optimize production processes.
• Productivity: The use of modern digital technologies prevents waste of resources and offers the possibility of tracking automated production processes. This makes it easier to manage and predict required material quantities.

Return on Investment: There are still companies that are reluctant to invest heavily in new digital systems. They often pay for themselves after just five years. They enable greater efficiency, lead to increased productivity and contribute to an improved return on investment.

What is a transformation manager?

The Transformation Manager has a wide variety of tasks. Among other things, he must identify potential within the company in order to implement the concept for a transformation, must bundle activities and be able to react if hurdles arise.

A business transformation manager ensures that a change is implemented in a targeted manner with a lasting effect. Because the change processes are about developing a learning and vital organization in order to achieve the greatest possible added value for the company. However, this also means giving up something that already exists, actively controlling and institutionalizing changes in order to create a new, desirable state.

What a business transformation manager should take to heart in order to plan in all facets.