Attending events has become a part and parcel of my life and I love attending them, for many reasons. Today, was the Project Management Institute (PMI) event about “Transformation and Change in Business“. There are many reasons to attend the PMI events, but I will highlight a few here:
- Learn new things about what is happening in the industry and try to apply them in the projects that you are trying to deliver
- Network and meet industry peers to understand as to how they are delivering their projects and what is working and not working, so as to improvise your own project delivery
- Refer and get referred to job opportunities through peers
- Contribute to your profession by participating in industry discussions
- If one has done project management certifications like PMP, PgMP, etc., then earn PDUs for keeping your certification relevant
Apart from the above, for me, it is an opportunity to socialize and make friends. I have made many good friends through this network. You can see the friendship through the photo below which I have taken with Steve Howe, and Benjamin Howell, who are the Marketing Director and the President of PMI Sydney Chapter respectively. There is a great deal to learn when you are interacting with a collective wisdom of about five decades put together.
This article is more to do with the event that I attended today. It was conducted by the Managing Director of asq projects, Mr. Steven Pulman. The company is a consulting firm operating from Singapore and Sydney, since 2001 and helping organizations with change, transformation and project management areas.
The session started with a stark difference between Change and Transformation and the table below describes, the parameters associated with both the streams.
|From known state to know state
|Unpredictable – may not know what it looks like when it’s done
|Can be reversed; includes back-out plan
|Cannot be reversed, you don’t plan to reverse
|Whole of organization
|Delegated by highest authority
|Owned by highest authority
|Destabilisation, disruption, and uncertainty
|Crisis or inflection point
|Impossible to define
The notion and the argument presented by Steve was the conceptual difference between change and transformation. From the table, it could be seen that transformation as a concept is more long-term, or even ongoing, while change is short-term and time specific. Transformation is something that is organization-wide, while change has a discrete structure and may be applicable to only a particular department or a project within. You can easily see the differences between the two from the table.
Let us consider the examples here. Nokia and Apple. Nokia focussed on having cheaper phones with longer batteries while Apple focused on the human element of owning a phone. What Nokia was trying to do, is change and what Apple did was the transformation of the product, in fact, of the industry itself. Another example of an organization not been able to transform is Kodak. They were amazing in films and creating pictures, large pictures from their films, etc., but the disruption called digital came and changed the fate of an amazing company. Just failed to transform.
You have to realize that, again, as I keep on referring to the aspect of mindset in my articles, the concept of transformation is all about the mindset and ensuring an organization-wide effort to continuously evolve. One embarks on a transformation journey when faced with dire consequences and once the journey begins, it is a continuous one. Many organizations or departments of large organizations are implementing transformation programs nowadays but the question to ask is, are they truly transformational in nature. Are they going to change the way the company interacts with customers and employees and able to generate consistent returns for the stakeholders? A very good example that I could think of a company which is on a continuous transformation journey is Amazon. The way it hires, it’s work culture, interaction with customers and the value it adds to shareholders year on year is a testament to a true transformational company.
I believe and to that effect, even Steve mentioned that a transformation consists of projects, programs, and portfolios, which work towards achieving incremental change in order to steer the organization in a particular direction. I think change is a subset of transformation. It is the incremental change that leads to transformation.
There were some interesting questions raised around the justification of investments associated with transformation, especially when there is uncertainty associated with it and again coming to the point of businesses using this as a buzzword. My key take away from the session was that transformation is perpetual, ongoing and continuous, while change is time-bounded, benefit-oriented and can incrementally assist in achieving the transformation sought by the organization.
Lastly, I encourage you to consider joining industry organizations, like PMI and if possible even volunteer to learn new things and grow in your profession.
I hope, the article presented some ideas around the concept of change and transformation and I will be keen to know more about your projects and what approach are you taking within your organization in the context of these principles.
Until next time.