Transformation is about improving performance, not just cutting costs. Companies boost the odds of achieving breakthrough results when they simultaneously improve their operating discipline and make portfolio moves that collectively redefine their business.

Innovation is a critical contributor to the top line. The best innovators galvanize their people through smart goal setting, make tough choices that minimize the risk of scattershot resource allocation, and learn quickly from failure.

Most digital transformations don’t yield the benefits that leaders expect. By adhering to the right practices, and making sure workers are sufficiently trained to exploit the potential of digital technologies, companies can better realize their digital-transformation goals.

Transforming performance often means rethinking the organization. New models are emerging, agile approaches are advancing, and organizational health continues contributing to better results.