Rick Berger, CFA’s Post

According to a recent BCG Transform study, the impact of hiring a Chief Transformation Officer is significant for transformation success. In a sample of 350 CTOs analyzed, reactive Transformations saw a remarkable reversal of underperformance. Their Total Shareholder Return (TSR) accelerated from -23% to +5% after three years. For Preemptive Transformations, CTOs played a crucial role in helping companies maintain a +9% TSR above industry average three years post hire. Learn more about the study findings here: https://on.bcg.com/3yBknNP #BusinessTransformation #BCGonTransformation #Leadership #Changemanagement

According to a new BCG Transform study, hiring a Chief Transformation Officer tends to have tangible impact on transformation success. In the analysed sample of 350 CTOs, reactive Transformations reversed their underperformance dramatically, with TSR accelerating from -23% to +5% after three years. Among Preemptive Transformations, CTOs helped companies maintain an above-industry average of +9% TSR three years following their hire. https://on.bcg.com/4dhxq7b #BusinessTransformation #BCGonTransformation #Leadership #Changemanagement

According to a recent BCG Transform study, the impact of hiring a Chief Transformation Officer is significant for transformation success. In a sample of 350 CTOs analyzed, reactive Transformations saw a remarkable reversal of underperformance. Their Total Shareholder Return (TSR) accelerated from -23% to +5% after three years. For Preemptive Transformations, CTOs played a crucial role in helping companies maintain a +9% TSR above industry average three years post hire. Learn more about the study findings here: https://on.bcg.com/3yBknNP #BusinessTransformation #BCGonTransformation #Leadership #Changemanagement

According to a recent BCG Transform study, hiring a Chief Transformation Officer can significantly impact transformation success. In a sample of 350 CTOs analyzed, reactive Transformations saw a dramatic improvement with TSR increasing from -23% to +5% after three years. For Preemptive Transformations, companies maintained a solid above-industry average of +9% TSR three years post-CTO hiring. Check out the study for more insights: https://on.bcg.com/4bnvHM8 #BusinessTransformation #BCGonTransformation #Leadership #Changemanagement

According to a recent BCG Transform study, hiring a Chief Transformation Officer can significantly impact transformation success. In a sample of 350 CTOs analyzed, reactive Transformations saw a dramatic improvement with TSR increasing from -23% to +5% after three years. For Preemptive Transformations, companies maintained a solid above-industry average of +9% TSR three years post-CTO hiring. Check out the study for more insights: https://on.bcg.com/4bnvHM8 #BusinessTransformation #BCGonTransformation #Leadership #Changemanagement

Excited to share our latest BCG research on the major impact of Chief Transformation Officers (CTO) on transformation performance. We found that hiring of CTOs increased by 140% from 2019-2021 and CTO-led transformation yielded double-digit increased shareholder value. https://lnkd.in/eSnw3HK6 BCG on Transformation #BusinessTransformation #BCGonTransformation #Leadership #changemanagement

Executing transformations is exceptionally difficult, with three-quarters of these large-scale programs failing to meet their goals. But fear not, BCG's new study, which includes more than 350 Chief Transformation Officers, reveals that hiring a dedicated transformation leader has a tangible impact on the success of transformations. In fact, companies have significantly increased CTO hiring in recent years. Want to learn more about the details? Check out the new article by Kristy Ellmer, Simon Weinstein, Aleksandra Bozic Mazzi, Paul C., and Eric DeJong. #BusinessTransformation #BCGonTransformation #Leadership #changemanagement https://lnkd.in/d_JUy4qH

Excited to share our latest BCG research on the major impact of Chief Transformation Officers (CTO) on transformation performance. Together with Kristy Ellmer, Aleksandra Bozic Mazzi, Paul Catchlove, and Eric DeJong, I had the pleasure to look into the recent CTO trends. We found that hiring of CTOs increased by 140% from 2019-2021 and CTO-led transformation yielded double-digit increased shareholder value.   https://lnkd.in/eSnw3HK6   BCG on Transformation #BusinessTransformation #BCGonTransformation #Leadership #changemanagement

Executing transformations is exceptionally difficult, with three-quarters of these large-scale programs failing to meet their goals. Our new study, which includes more than 350 Chief Transformation Officers, reveals that companies have not only significantly increased CTO hiring in recent years but also that hiring a dedicated transformation leader has a tangible impact on the success of transformations. Learn more about the details in the new article by Kristy Ellmer, Simon Weinstein, Aleksandra Bozic Mazzi, Paul Catchlove, and Eric DeJong.   https://lnkd.in/d_JUy4qH   #BusinessTransformation #BCGonTransformation #Leadership #changemanagement

Leaders - are you enabling your chief transformation officers to elevate firm performance?