Why Does Change Fail?
  • People aren't inspired by (or aware of!) the new vision
  • Too few leaders champion the change
  • Individuals do not see progress along the way
  • Change is suffocated by barriers and obstacles
  • Victory is declared too soon
  • New changes do not become firmly anchored in the corporate culture

What Are The Impacts Of Failure?
  • Cost and time overruns
  • Poorly implemented strategies
  • Failure to realize acquisition synergies and benefits
  • Loss of market share
  • Falling morale, commitment, and enthusiasm
  • Talent drain

How Do I Create Successful Change?
  • Create and broadly communicate a compelling change vision
  • Establish a sense of urgency
  • Develop at least 5 influential "change advocates"
  • Consistently and visibly demonstrate the change vision
  • Empower informed action and risk-taking
  • Generate and celebrate short-term wins
  • Explicitly anchor changes in the culture

What Are The Benefits?
  • Business success
  • Competitive advantage
  • Talent retention
  • Good morale and company loyalty
  • Expanded expertise for implementing future changes
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