In today's rapidly evolving business landscape, the question isn't whether your organization needs to transform—it's how quickly and effectively you can execute meaningful change. Business transformation has evolved from a strategic option to an absolute necessity for survival and growth, regardless of your organization's size, sector, or current success.

When we think of reinvention, we often imagine scrappy startups pivoting to survive. But for mature companies with legacy reputations, reinvention is more complex. It’s less about radical change, more about careful recalibration. A recent segment on Bloomberg’s Wall Street Week offered a timely look into how one such business, New Balance, is managing this ongoing challenge.