TRANSFORMATION CAPITAL
Transformational Capital is the lens through which we activate transformation-enabled assets to drive a corporate vision in a changing environment.
Transformation-enabled assets
These assets below can include the processes, structures, resources and tools the company uses to adapt the offerings they produce, the experiences they deliver to customers and how the organization is configured to deliver and capture value from customers.
In order to create transformational capital, it is necessary to embrace “open transformation engines”.
The use of open transformation engines will lead to the fundamental rethinking and radical redesign of business activities. The use of open transformation engines can help redesign how to value assets such as human capital and expand this asset to include primary, secondary and tertiary stakeholders outside of the company.
These open engines can also allow a company to co-opt these external resources for value creation, and by doing so achieve a step change in performance.
Transformational capital is the currency of change.
Identify breakthroughs
Identifying breakthroughs as “assets” will highlight and elevate superlative behaviors, ideas, products and achievements in order to motivate, guide, and inspire employees and partners. Open transformation engines can help shape goals, highlight exemplars, and create a powerful motivation to achieve the goals and targets that you have set.
Influence Channels and Market segments
Open transformation engines offer corporation a powerful loudspeaker. For many companies, the ability to grab attention and influence channels of consumer access and market segment is deeply attractive.
Align industry-specific development
Open transformation engines can be particularly effective at shaping the agendas and behavior of an industry and guiding (directly or indirectly) the activity of R&D departments, corporations, and even whole disciplines.
Identify and mobilizing new talent
A core power of open transformation engines derives from their openness: their ability to attract diverse talent, to generate unexpected approaches, and reveal unusual perspectives in the face of a problem or challenge.
Mobilize capital
Finally, open transformation engines can provide valuable leverage for a corporate’s investment by mobilizing further financial or intellectual capital in support of a solution. It can also jump-start the flow of capital to a solution by acting as a vetting mechanism.