Difference Between Change and Transformation: The objective of transformation is not just to execute a defined change, but to reinvent the organization, change culture and behaviors, and discover (rather than create) a new way of working based on a vision for the future. Even if successful change management leads to the successful implementation of certain initiatives within the transformation portfolio, the overall transformation could still fail.

The key elements needed to build success are a clear vision of the final outcome, good stakeholder engagement and flexibility to adapt the program of work based on feedback from earlier initiatives.

The ultimate vision may not change, but the route to success will require continuous adaptation to overcome obstacles and exploit opportunities.