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4 Autopsies of Big Change Management Failures

LSA Global

To perform and thrive, you have to be able to adapt to an ever changing environment. If you resist and defy change, your company is not long for this world. Here are a few examples from decades of change management consulting projects of now-defunct organizations that, in order to avoid disaster did not.

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Change Management Is Becoming Increasingly Data-Driven. Companies Aren’t Ready

Harvard Business

Data science is becoming a reality for change management, and although it may not have arrived yet, it is time for organizations to get ready. The companies best positioned to change in the next decade will be the ones that set themselves up well now, by collecting the right kind of data and investing in their analytics capacity.

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Small Steps or Big Steps: What’s the Right Way to Begin Improvement?

Markovitz Consulting

Operational and financial improvements are rapid, dramatic, and lasting. The data on change management are consistent: about 70% of change initiatives fail, despite the plethora of books, conferences, and scholarly papers dedicated to the subject.

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5 Ways to Help Employees Keep Up with Digital Transformation

Harvard Business

The team was structured to operate like a startup, with a particular focus on user research, feedback, and a commitment to lean operations. LVMH’s Fashion Group, part of the massive French luxury products group, is one team that’s embracing this approach.

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Robo-Advisers Are Coming to Consulting and Corporate Strategy

Harvard Business

Corporations buy and employ human advice from many wise advisors—consultants, lawyers, investment bankers—in the same fashion that investors did in the past. Companies are both operators and investors. Shift to providing advice on business models, not just strategy and operations.

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How Companies Are Benefiting from “Lite” Artificial Intelligence

Harvard Business

These include improving data-mining operations, helping with training, and making structured, repeatable tasks and processes far more efficient and less costly. In short, companies that want to get into this game will have to roll up their sleeves and do some old-fashioned blocking and tackling. Don’t make your AI too lite.

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A Tool to Map Your Next Digital Initiative

Harvard Business

Consequently, it is useful to think about investments in digital as essentially investments in change. It includes changes in how an organization interacts with its customers, citizens, or patients; in operational processes; in business models; in supply chain relationships; and in how employees use information to generate insight.

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