The pace of change accelerates every We conducted a survey of 4,053 C-suite executives The role technology day—with the average timeline for any across global geographies and 19 industries between transformation taking 18-to-24 months December 2021 and March 2022. We found that in the plays in enabling past two years alone, one in two companies have had to and accelerating 1 rather than several years. transform at great speed—and often on several fronts. total enterprise We call this undertaking compressed transformation: It is not just that the pace of change has heightened—the changing faster, transforming multiple parts of the reinvention is fronts upon which change must happen have multiplied. business at once, and connecting enabling systems, data indeed immense. Companies are dealing with everything from rapidly and processes across multiple functions and platforms changing customer demands to increasing supply chain simultaneously. disruptions, economic uncertainty and the implications of Contending with all of this requires total enterprise geopolitical unrest more frequently than in the past. These reinvention: Organizations must embark on systematic, complex business challenges mean they need to be more continuous transformations of their entire enterprises to agile and resilient than ever before. future-proof and achieve differentiated business outcomes. Composing for agility in the era of compressed transformation 2