Launching major transformation efforts is a common way that business leaders try to get a leg up on the competition, or just keep their heads above water. But too many of these efforts fail. Change is difficult, and many people not only resist it but seek to undermine it. Unsurprisingly, then, a McKinsey study found that merely 26% of transformation initiatives succeed. Most successful transformations have one thing in common: Change is driven through empowerment, not mandated from the top.
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August 27, 2019, Updated August 27, 2019
Summary.
Launching major transformation efforts is a common way that business leaders try to get a leg up on the competition, or just keep their heads above water. But too many of these efforts fail. Leaders can make their transformations successful by identifying resistance from the start and making plans to overcome those who oppose transformation. Do it not through bribes, coercion, shaming, or cajoling, but by enabling others within their organizations to drive change themselves.
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