11min chapter

Gain Grow Retain cover image

Cross-functional collaboration in the enterprise segment (Lisa Pratt, Kronos (Part 1))

Gain Grow Retain

CHAPTER

Transitioning to a Subscription Model in Enterprise Software

The chapter delves into a company's transition to a subscription-based model from a perpetual license model in the enterprise segment. Executives discuss challenges faced during the shift to the cloud, revenue transitions, and the strategic decision to go private before the transformation. They emphasize the importance of strong leadership, investor support, and a centralized transformation office to drive impactful change and navigate challenges successfully.

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