What is a Transformation?
Today Transformation is the buzz word but we fail to notice it has always been happening. Every value creation of a product or service is a transformation. Every individual gets transformed over the years. Every economy is is grown tapping into the energies and growths of individuals and business organisations. Every country makes attempt to develop into a formidable one with the strengths of its people and economy.
An economic transformation always involves individuals’ transformations, product transformations, service transformations and value creations that are experienced and felt by the people. It is just that today it happens in a digital era and we call them Digital
A self transformation adds value to an individual like learning a new art or sport, learning a new area of business or changing our attitude towards people and life. We don’t grow without transformations. Timid, introvert individuals turn most eloquent and participative. Aggressive, self centred persons turn most understanding and pragmatic.
Likewise businesses don’t grow if they don’t want to improve and transform by creating values to their businesses and its partners – employees, vendors, customers and other-stake holders. Everybody gets the value in an inclusive growth model.
Successful organisations have tremendously grown over the years and if you look at their growth records it is the values that they had created over the years that are well accepted and appreciated by their customers. Very rarely single product companies have survived in a competitive world and if they did, it is the variations on their product mix that have helped them to keep pace with the growth and volumes.
In this journey of transformation,
– an individual takes help of an agent in parents, elders and mentors.
– Organisations employ leaders to help them create values.
– Governments gets the help of both people and businesses to deliver a good governance and to improve the economy of country and its people.
Transformation is a rolling cycle wheel to keep us always moving forward. The moment it stops we are drowned by sorrows, miseries and poverty. We have seen how some countries in this last few decades have reached this state that got them into deep debts by not creating economic values. Leadership is an important tool in the time of crisis and economic turmoil. Let us identify and strengthen those leaders toward a path of progress and prosperity.