In today’s fast-paced business environment, organizations face a troubling paradox. Change is accelerating and unavoidable-96% of organizations are undergoing some form of transformation, and 73% anticipate even more change initiatives in the near future.
Yet despite this ubiquity, an alarming 70% of change initiatives fail. This persistent failure rate has remained unchanged for two decades, costing businesses billions in wasted resources, lost opportunities, and damaged morale.
The fundamental problem is clear: while change is essential for growth and survival, humans naturally resist it. We prefer the comfort of established routines, making organizational transformation inherently challenging.
Companies struggle with silo mentality, rigidity, stifling bureaucracy, and outdated command-and-control management styles-all of which become major obstacles during periods of change.