That organizations have to consistently reinvent themselves to survive the modern economy is now a steadfast reality. Reinventing, i.e. transforming, business matters as it can help organizations increase their revenues by improving the quality of their products and services and reducing costs.
However, reinvention is much more than merely reorienting a few areas; it requires a completely new set of rules and disciplines for the organization and may even rephrase its vision and mission.
For a successful transformation, businesses need to take a holistic approach and align people, processes, and technology to a new paradigm. A significant impact of this change is the inevitable relocation and realignment of human resources. In this light, organizational development (OD), which is all about driving and managing change successfully, and learning and development (L&D) initiatives are essential for increasing the organizational effectiveness to meet its strategic objectives.
TIS can help you: