1、The Estimation Game:What do business transformations really cost?IntroductionBefore any business transformation can deliver game-changing value,senior decision-makers must understand the purpose and goals of the work ahead.Organizations pursuing technology change,for example,must set different strat

2、egies than those aiming for geographic expansion or a sustainability makeover.To better understand how organizations navigate their respective transformation journeys,Oxford Economics and SAP partnered to field a survey of 800 global business executives.We asked how they communicate goals and expect

3、ations,deal with challenges,and define success,then analyzed the data to highlight key factors for success.Among the general rules of transformation success are:Clearly establish what the transformation aims to achieveas well as the teams and individuals that will be involved in carrying it out.Secu

4、re buy-in from the broader workforceand make it clear that the end result will be worth the effort.Calculate the risk each transformation will bringand seize opportunities as they emerge.Knowing what a given transformation is meant to achieve and what it will require is of critical importance.Our re

5、search shows that only 57%of completed transformations are deemed worth the investment of time,money,and effort.We explored four key transformation types in greater detail to find out where shared strategies break off into curated ones:(1)entering a new marketplace geography;(2)transitioning to beco

6、me a net-neutral carbon emitter;(3)creating an entirely new product or service offering;and(4)adopting an overarching cybersecurity framework or policy for technology migration(e.g.,moving data storage or IT systems from on-premise to off-premise).Best practices for each of these broad areas are hig