The caterpillar knows exactly when it is the right moment to spin itself into a cocoon and start the transformation into a butterfly. However, for us, the moment to transform is not always so obvious.
Kodak, who invented digital photography in the early 1970s, failed to benefit from their own invention and filed for bankruptcy in 2012. Nokia, who in 2007 was the market leader in mobile phones, completely lost it to new competitors. In 2013 they sold their mobile phone business to Microsoft. Both Kodak and Nokia stubbornly stuck to old strategies and failed to transform at the right moment.
When is it time to transform?
Also on a personal level, the biggest challenge might very well be finding the right moment for transformation. Sometimes external events might lead you to it: a sad event in life happens to you, or your company reorganizes and you are made redundant. These are external triggers that sometimes lead to the greatest transformations. However, wouldn’t it be nice to take destiny in your own hands and lead your own transformation?
A few years ago I coached an executive in the development of her professional career. As a result of the engagement, she made the decision to leave the company and follow a different path. That too is one of the benefits of coaching: it will enable you to take a step back and answer the “what’s next” question, to see if you are still on the right path. In the situation of the corporate executive, the coaching helped her to find her true calling and triggered her to spread her wings by transforming into an entrepreneurial butterfly.
What’s next for you: are you still on the right path, or is it time to transform?