Top 20 Business Transformation of the past decade

Sometimes it is a financial crisis, sometimes it is the threat of a disruptive competitor, sometimes growth hits a wall, sometimes it is an opportunity to ride a global megatrend, sometimes it is simply the result of systematic planning for the future. Whatever the reason that drives a management team to undertake strategic transformation, it is often easier not to undertake the short-term challenge, which is why stories of successful corporate change efforts are so rare.
However, strategic transformation-theadaptation of a core business to disruptive changes while creating new growth around new products, services, or business models-could be the leadership imperative of the 21st century.

To better understand the dynamics of why and how transformation occurs, Innosight a management consulting firm that advises businesses on corporate strategy, has developed a methodology for evaluating strategic change efforts, with the goal of identify best practices across sectors and public companies that exemplify leadership excellence.
The research team examined all companies in the S & P 500 and Global 2000 on three categories of data:

1. NEW GROWTH: How successful has the company been in creating new products, services, new markets, and new business models?
2. RESTORATION OF THE CORE BUSINESS: How effectively has the company adapted its traditional core business to changes or disruptions in its markets, thus breathing new life into its legacy business?
3. FINANCIAL: Has the company experienced solid financial and stock market performance or has the company changed its business from losses or slowing growth to get back on track?

The initial research phase identified 52 companies that are making significant progress toward transformation.