Businesses in our regions are experiencing the challenges presented by the economy. Now that most areas are, or soon will be, in the “green phase” of reopening, the economic landscape, while hazy, is coming into focus. Many business owners and leaders are re-thinking what their organizations look like as they compete in an emerging environment. This week, J.L. Nick & Associates is introducing Enterprise Transformation, the process of holistically and objectively evaluating your organization and, if needed, evolving or modifying the processes, functions, and behaviors that define your business.
The two most important questions business owners and senior leaders can ask themselves today are very simple: What are we going to do as an organization, and how are we going to do it? Honest and thorough answers to these questions will likely lead to a much deeper examination of your business, its processes, and people. Whether this assessment yields small alterations, radical changes, or something in between, Enterprise Transformation ultimately results in commonly understood and strategically sound functional processes and employee behaviors that can translate into success in challenging environments. Be aware, however, that lack of objectivity can be a significant barrier.
Enterprise Transformation consists of two primary components: Functional/Organizational Analysis and Executive Team Evaluation and Coaching. These components can occur concurrently or consecutively. By conducting both at the same time, business realignment occurs much more quickly. When they occur one after the other, however, resource costs (time and money) can be spread out. Either way, it is critical that ownership and leadership commit to the process and have an active discussion concerning the most appropriate sequencing for their business.
J.L. Nick & Associates is an experienced partner in the process of Enterprise Transformation and Executive Team Evaluation and Coaching. We bring experience, objectivity, and efficiency to what can be a difficult and emotional process. This transformation process begins with an informal no-cost discussion with decision-makers to define if either of these programs is appropriate for your organization.
Wishing you good health and success,
John L. Nick, President, and Founder J.L. Nick & Associates, Inc