When it comes to change in companies, it’s often just plain difficult. Quite simply, with regards to change, failure tends to be more common than success. According to a recent article by Ron Carucci entitled Organizations Can’t Change if Leaders Can’t Change With Them, Carucci states that, “In a survey of nearly 3,000 executives about the success of their enterprise transformation efforts, McKinsey discovered the failure rate to be higher than 60%, while Harvard Business Review conducted a study that suggested more than 70% of transformation efforts fail.”
As the article suggests, if executives want to succeed in leading organizational transformations , they must first begin with personal transformation. This includes…
- Knowing who and what triggers you
- Writing out the narrative
Read the Full Article: Ron Carucci
About the Author:
Ron Carucci is co-founder and managing partner at Navalent, working with CEOs and executives pursuing transformational change for their organizations, leaders, and industries. He is the best-selling author of eight books, including the recent Amazon #1 Rising to Power.