True Transformation

To deliver significant, sustainable improvements in performance CEOs must take on the mantle of Chief Change Officer, finds this report by Alvarez & Marsal.
 
Key points include:
 
  • The CEO must be the chief storyteller, painting a clear and compelling case for why the transformation is necessary
  • The CEO must consistently model the new mindsets and behaviours required from the organisation and lead by example
  • CEOs must hold their senior leadership team equally accountable for managing and leading change
  • They must clearly and consistently reinforce the ‘why’ and the ‘how’ for the duration of the transformation
  • The CEO must have the courage to identify and tackle barriers to change that could undermine or derail the transformation.




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