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  "documentTitle": "Transformation Ebook",
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  "authorName": "BCG",
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  "notes": "The slide serves as an introductory text page, likely from a BCG or similar consulting report, discussing the shift from discrete to continuous organizational transformation.",
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      "text": "The increased frequency of such efforts, together with the wide range in types of transformation, heralds a new era: 'always on' transformation, in which companies no longer launch individual transformations but are, in effect, always transforming.",
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      "text": "Do everything required to launch, drive, and sustain the value of each transformation while anticipating what comes next.\nContinuously set the agenda for the transformation, giving thoughtful attention to the scope, pace, and timing of the transformation programs.\nHardwire the transformation agenda and ambition into corporate planning alongside strategic planning.\nDevelop the ability to transform across the organization, with an emphasis on transformational leadership, change management, and capability building.",
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      "text": "The increased frequency of such efforts, together with the wide range in types of transformation, heralds a new era: “always on” transformation, in which companies no longer launch individual transformations but are, in effect, always transforming. In practice, this means that a company will have several transformations of various types underway, at various stages, each building upon—and often interconnected with—the others. Executed well, these will combine to take the company to successively higher levels of performance. (See Exhibit 7.)",
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      "kind": "paragraph",
      "text": "Transformation is not easy. In fact, up to 70% of all publicly announced transformations fail to achieve their full potential or deliver results on",
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      "kind": "paragraph",
      "text": "Always-on transformation has several implications for leaders and boards. These include:",
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      "kind": "paragraph",
      "text": "Unprecedented disruption and market turbulence, coupled with the aspirations of leaders to reach higher, require organizations to launch more-frequent transformations, often of different types, with several underway at any given time.",
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      "kind": "paragraph",
      "text": "Leading a company in the era of always-on transformation may seem daunting. Companies have little choice, however. They can cling to the old ways and become less relevant, or they can embrace this new way of transforming—one that will enable them not just to survive but to thrive.",
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      "text": "11",
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      "kind": "source-note",
      "text": "INTRODUCTION",
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      "text": "Common Transformation Traps",
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