Accelerating Change

---

 Why Does Change Fail?

• People aren't inspired by (or aware of!) the new vision
• Too few leaders champion the change
• Individuals do not see progress along the way
• Change is suffocated by barriers and obstacles
• False victories are declared
• New changes do not become firmly anchored in the corporate culture

What Are The Impacts Of Failure?

• Cost and time overruns
• Poorly implemented strategies
• Failure to actualize synergies and benefits
• Loss of market share
• Plummeting morale, commitment, and enthusiasm
• Talent drain

How Do We Create Successful Change?

• Create and broadly communicate a compelling change vision
• Establish a sense of urgency
• Develop at least 5 influential "change advocates"
• Consistently and visibly demonstrate the change vision
• Empower informed action and risk-taking
• Generate and celebrate short-term wins
• Explicitly anchor changes in the culture

What Are The Benefits?

• Expanded resilience
• Competitive advantage
• Talent retention
• Enhanced morale and company loyalty