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Data Can Do for Change Management What It Did for Marketing

Harvard Business Review

Banks and lenders have predictive analytics engines that tell the lender the probability that a customer will pay them back. The most popular managerial approach to change management is John Kotter’s eight-step model. Retailers combine data on demographics and weather to predict sales and develop merchandising plans.

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When "Creative Destruction" Destroys More than It Creates

Harvard Business Review

A list of the top 20 banks today contains only seven that were on the list a decade ago. My colleagues and I at Bain & Company have been tracking this for forty years, and we have never seen companies losing their leadership positions as quickly as they are today. A similar pattern hold for airlines. And for telecom. And for many others.