The Corporate Facelift

Every senior-level professional services executive thinks about how to dramatically transform his or her enterprise. Let's call it a corporate facelift. Those who have successfully accomplished the surgery usually share the belief that they should have started sooner, and they should have moved faster.

In a study of 400 entrepreneurs conducted recently at the Harvard Business School over several days, author-educator Robert Mills concludes that although entrepreneurs at smaller and mid-size companies may see their corporate surgical needs differently from the multi-nationals, they really have astonishingly similar challenges and regrets.

On the theory that we know our strengths, it might be instructive to know what traditionally goes wrong in the process of transformation and reinvention. This should help you maximize strategic initiatives to reach top efficiency in your own enterprise, and it will help you avoid the potholes that will be on your roadway to success.