WHY IS THERE SUCH A HIGH FAILURE RATE IN BUSINESS TRANSFORMATION TODAY?

The true number of business transformation project failure is underreported. Depending on which research you follow, the figure is between 70% – 80% of business transformation projects end in failure. There is five (5) main causes in business transformation failure are – lack of stakeholder involvement, lack of senior stakeholder support, changing requirement, incomplete requirements and poor planning.

WHAT IS WRONG WITH EXISTING APPROACHES?

Nothing. They are good at the purpose they were designed for, except they are now used for a different purpose, and that is not the original purpose they were designed for. Look at TOGAF® (The Open Group Architecture Framework) for example – it’s a framework for managing ‘technology’ or ‘technology changes’. It is not surprising, it was written by a “technology standards company”. They know and understand technology. What is happening is, TOGAF® is being used in business transformation projects that the ‘framework’ to manage the ‘transformation’, but it only focuses one thing – technology. It doesn’t focus on anything else other than Technology (it almost completely ignores, the other two (2) important aspects of the organisation – People, and Process(es)). It also ignores how to transition the business from the current state, to its desired future state. It effectively put the Technology stakeholders in the drivers set, to dictate to the Business what they think they want and literally throw it over the fence to the Business for them to work out if first it is fit for purpose, and then how to use and implement it.

HOW DOES HOBA® SOLVE THE PROBLEM IN BUSINESS TRANSFORMATION TODAY?

HOBA® solves the 70% failure rate in business transformation problem by addressing the causes that problem in the first place – by putting the Business back into control, to take control back from Technology and into their own hands, using a structured process and framework that was developed WITH the Business, BY the Business, to be USED and OWNED by the Business, putting the control back into their own hands.

WHAT IS THE BIGGEST PROBLEM WITH BUSINESS TRANSFORMATION PROJECTS AND HOW DOES HOBA® HELP?

The biggest problem with business transformation projects is firstly the name. “Business Transformation” is incorrectly called or referred to as “Digital Transformation”. ‘Digital Transformation’ is a misnomer, it is not ‘digital’ per se that is ‘transforming’, it is the ‘Business’ that is transforming, and how it does or is doing that in this period of time is via ‘digital technologies’ (if ‘technology’ isn’t already digital, what were they before?). What this intentional confusion in the marketplace is causing, is it causes is an incorrect bias and focus on the ‘technology aspect’ only of the transformation, which by doing so completely ignores the Business aspects – that’s the Business Operations Stakeholders and their concerns, and the Processes those stakeholders carry out. HOBA® helps by putting the Business back in to control, to be very clear and structured with what is the Vision, Strategy, Objectives and Measures, what stakeholders are involved and need to be involved in the transformation and their decision making authority, the process to manage those decisions, scope and risks; what are the problems they want to address or opportunities they want to take advantage of; what benefits they want to realise from the transformation and when; what the future or Target Operating Model (TOM) needs to look like to achieve their Vision and Strategic Objectives and business benefits, and how and when will the changes be implemented. Everything and nothing more, only doing what needs to be done, to transform the business, not doing what is happening in the marketplace today and that is ‘creating reams and reams of colourful models and diagrams, that while beautiful, are in reality just “interesting but (sadly) useless”.

WHAT IS THE DESIGN PROCESS?

The Design Process is the 6-Step process used to implement HOBA® and manage the transformation from the very start, to the very end, implementation.

WHAT IS THE BIGGEST MISCONCEPTION IN THE MARKETPLACE?

The biggest misconception in the marketplace today with business transformation is that Clients are led to believe that they need ‘reams and reams’ of pretty colourful presentations to transform your business. This is a fallacy. This only creates expensive shelf-ware. What those ‘pretty presentations’ are designed for is to enable the transformation project to keep moving toward its end goal, transforming the Business. What the Clients are led to believe is those ‘pretty presentations are the actual goal of the project, and often celebrated and hang up on the project office wall with great bravado as if they were the goal of the transformation itself! What those ‘pretty presentations’ actually need to be is two (2) things – first, is they need to be understandable, and written in a language that the Business understands, so first they can understand what it and they mean, and then they can agree to it. Then second, then they need to be useful. A lot of Consultants and Consultancy’s wanting to impress their clients with great marketing, pretty presentations and long list of impressive acronyms and latest “it” words, but this just confuses the Client. What happens is the Consultants will present their ‘ideas’ (because that’s what they are, they have had one meeting with the Client, interpreted that into their own words and perspectives, and come back to them several weeks and months later, having not consulted with them through the process, thinking ‘they know their Clients business best (they don’t, the Client does!) and play back their 300+ page power-point presentation that looks impressive), they present it to the Client, the Client has no idea what it means or says (its written in a foreign language, literally), due to the time it’s taken, and the money it has cost at that point, the Client agrees to it in the room, then walks out the room, and completely ignores everything the Consultant(s) said. The transformation goes nowhere. HOBA® solves that problem, refer to the first question above.

HOBA® is trusted by the UK Government, FTSE-100 companies and start-ups to both set up, and also turnaround their failing transformations. HOBA® is used by thousands around to transform their business, and was made public for the first time in late 2018, after over 10+ years in use with private clients, published in The Business Transformation Playbook – How to Implement Your Organisations Target Operating Model (TOM) and Achieve a Zero-Percent Failure Rate Using the 6-Step Agile Framework’, reaching bestseller on Amazon in 6-categories including Project Management and Consulting, and made it onto the Best Business Strategy eBook List of All Time by BookAuthority, at no.30 (March 2021). See News for details.

CAN I READ A PREVIEW OF THE BUSINESS TRANSFORMATION PLAYBOOK?

Yes, you can download a FREE preview to The Business Transformation Playbook here.

HOBA Tech’s Agile Business Transformation: Debunking Myths with the Power of HOBA Framework

By Heath Gascoigne
March 11, 2024
Business Transformation
Post Views: 1,478

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Embarking on a journey of business transformation is an imperative for organizations striving to thrive in today’s competitive landscape.

However, numerous misconceptions surround this transformative process. In this blog post, we will debunk common myths while highlighting HOBA Tech’s business-led approach and its leading agile business transformation framework, HOBA (House of Business Architecture).

This framework addresses the 5W1H strategic questions — Why (the first ‘strategic WHY?’), Who, What, Why (second ‘WHY’ for Business-Operations or Business Benefits), Where, How, and When — paving the way for successful business transformations.

Let’s delve into how HOBA Tech’s methodology is trusted by the UK Government, FTSE-100, and growing companies worldwide, positioning them in the top 30% of successful business transformations.

Myth 1: Business Transformation is Reserved for Large Corporations

Correction: HOBA Tech’s approach recognizes that business transformation is not exclusive to large corporations. Leveraging the HOBA framework, organizations of all sizes can tailor their transformations, ensuring scalability and alignment with strategic objectives.

Myth 2: Business Transformation Revolves Solely Around Technology

Correction: While technology is pivotal, HOBA Tech’s agile framework emphasizes a holistic approach. It addresses people, processes, and technology, aligning with HOBA’s comprehensive strategy for successful business transformation.

Myth 3: Business Transformation is a One-Time Event

Correction: HOBA Tech’s agile approach, integrated with the HOBA framework, reframes business transformation as an ongoing journey. By continually reassessing and adapting strategies, organizations using HOBA Tech’s methodology stay resilient and competitive.

At HOBA Tech, we believe that business transformation is not a luxury reserved for giants but a necessity for all. Our agile approach, backed by the HOBA framework, ensures that organizations of any size can embark on a transformative journey tailored to their unique needs and strategic goals.

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Myth 4: Immediate Results are Guaranteed in Business Transformation

Correction: Realism is key. HOBA Tech’s approach encourages organizations to set achievable goals and measure progress. The HOBA framework ensures transparency and clear communication, guiding stakeholders on the realistic timeline for realizing transformation benefits.

Myth 5: Business Transformation is IT Department's Sole Responsibility

Correction: With HOBA Tech’s business-led approach, collaboration is central. HOBA framework integration ensures that business transformation involves all levels, promoting cross-functional teamwork and shared responsibility.

In the ever-evolving business landscape, our mission at HOBA Tech is to empower organizations with the tools and insights needed for successful transformation. The HOBA framework, detailed in 'The Business Transformation Playbook,' is not just a methodology; it's a guide trusted by the UK Government, FTSE-100, and companies globally to make business transformation a resounding success.

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Myth 6: Business Transformation is Too Expensive

Correction: HOBA Tech’s methodology recognizes the investment in business transformation. The HOBA framework guides organizations to manage costs effectively by prioritizing initiatives and assessing the return on investment for each transformation element.

Conclusion:

In decoding these myths, HOBA Tech’s business-led approach and the HOBA framework emerge as powerful tools for successful business transformations. Trusted by the UK Government, FTSE-100, and global fast-growing companies, HOBA Tech’s methodology ensures that organizations can navigate the transformation journey with clarity, setting them apart in the top 30% that achieve success. Embrace HOBA Tech’s approach to avoid the pitfalls faced by the 70% of organizations that fail, ensuring a transformative journey that leads to sustained success.

Bust the myth more:

If you want to bust the myths yourself, learn more about the 6-Step Agile Business Transformation framework already used by thousands across the world to transform their business, including the UK Government, FTSE 100 Companies, and startups, check out here.

If you want to read why others are calling The Business Transformation Playbook, the “Business Transformation Bible” read the reviews on Amazon here or see its listing on The Business Strategy eBook List of All Time, click here.

Hope you find that useful. If you did, let me know in the comments below what you like and would like to see next, and share this with anyone you think would benefit from it!

Thank you for reading this!
Sincerely,

Heath Gascoigne

P.S. If you want to join our Business Transformator community of 2,000+ like-minded Business Transformators, join the community on the Business Transformator Facebook Group here.

P.P.S. If you want to learn more about business transformation, check out The Business Transformation Playbook here.

For more information, visit https://www.hoba.tech

Heath Gascoigne

Hi, I'm Heath, the founder of HOBA TECH and host of The Business Transformation Podcast. I help Business Transformation Consultants, Business Designers and Business Architects transform their and their clients' business and join the 30% club that succeed. Join me on this journey.

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