Do you really need a CHIEF TRANSFORMATION OFFICER? đŁÂ
It depends on:Â
- The size of the company
- The size and complexity of the Transformation
- The goals and urgency of the TransformationÂ
The C'T'O can act as:Â
⥠The Crisis Manager -  respond to a crisis or major setback with the aim to stabilize the business, the financials, the discipline and execute on the updated strategy
đœ The Upgrader - upgrade the business and operating model with the aim to create a sustainable change with a long-term growth perspective
đĄ The Innovator - shifting the business model strategically, implement new digital capabilities or entering an entirely new product category or market
The lines between these roles are not fixed and may overlap.Â
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