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

Markovitz Consulting

Trying to improve productivity in a process by 25% on first try is (generally) a recipe for failure and frustration—notwithstanding Byrne’s success with that approach. 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

And at Greycroft, a venture capital firm, investor Teddy Citrin has laid out a veritable map for the further disruption of every consumer products category. Plug-and-play e-commerce technology, search engine optimization, and other distribution solutions are making it ever easier for products to directly reach consumers.

Media 44
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Why So Many High-Profile Digital Transformations Fail

Harvard Business

In 2011, GE embarked upon an ambitious attempt to digitally transform its product and service offerings. These companies spent millions to develop digital products, infrastructures, and brand accompaniments, and got tremendous media and investor attention, only to encounter significant performance challenges, and often shareholder dissent.

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Tronc vs. the Right Way for Publishers to Compete in the Digital Age

Harvard Business

There are four things I think publishers need to know to compete in the digital age: The product drives the business. In a sense, publishing is like any other business: Your success is driven by customer demand for your product. The quality of a publishing product comes down to user experience and reporting.

Journal 30
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How Companies Are Benefiting from “Lite” Artificial Intelligence

Harvard Business

Employing a rigorous approach to the words and phrases at the heart of the company’s products, ABIe’s avatar-driven interface offers accurate answers to policy questions while streamlining the quote process. Enter ABIe (shorthand for the Allstate Business Insurance Expert), which my firm helped develop.

Company 28
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How Volvo Reinvented Itself Through Hiring

Harvard Business

Under new ownership (Volvo was sold to China’s Geely by Ford in 2010), the Swedish automaker decided to transform its product line by becoming a premium player. CEO Stefan Jacoby and CHRO Björn Sällström rigorously examined Volvo’s existing workforce. “Once, you needed mechanical engineers.

Talent 28