It’s transform or wither in today’s business environment, with multiple transformation triggers creating strong pressure simultaneously. This state of affairs results from two factors, explains Robert T. Vanderwerf, Transformation Strategy Leader, KPMG LLP. “We are living in interesting times, with multiple transformation triggers all present at the same time, all equally intense,” he says, pointing to a tipping point in globalization, a major slowdown in Western economies, significant shifts in technology and energy costs, and the challenges of regulatory compliance.
“When four or five significant drivers are changing at the same time, the business environment becomes highly complex,” says Vanderwerf. Additionally, as the life spans of these trends continue to shorten, organizations need to respond with flexible solutions they can adapt to the next development…Read more
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