Transcription of Why Transformation Efforts Fail - IPLS
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Why Transformation Efforts Fail - IPLS
VER THE PAST DECADE,I have watched more than 100 companies try to remake themselves into significantly better competitors. They have included large organiza-tions (Ford) and small ones (Landmark Communications),companies based in the United States (General Motors) and else-where (British Airways), corporations that were on their knees(Eastern Airlines), and companies that were earning good money(Bristol-Myers Squibb). These Efforts have gone under many ban-ners: total quality management, reengineering, rightsizing, re-structuring, cultural change , and turnaround. But, in almostevery case, the basic goal has been the same: to make fundamen-tal changes in how business is conducted in order to help copewith a new, more challenging market few of these corporate change Efforts have been very suc-cessful.
new leaders, great leaders, or change champions, phase one can be a huge challenge. Bad business results are both a bless-ing and a curse in the first phase.On the
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