Driving Successful Transformation Initiatives

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Driving Successful Transformation Initiatives
CHANGE MANAGEMENTTRANSFORMATIONORGANIZATIONAL DEVELOPMENT
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This article explores the common challenges organizations face when implementing change and provides a five-step process for driving successful transformation initiatives.

It’s a well-known problem: Organizations launch well-planned change initiatives with the best of intentions but then struggle to achieve their goals. To understand why this happens so often, the authors conducted a large-scale study that provided deep insights into the underlying challenges that organizations face when embarking on transformation initiatives.

Building on those insights, they designed a five-step process to drive successful transformation initiatives, and in this article they discuss the process and offer advice on how to implement it.When a major U.S.-based financial institution needed help with an organization-wide transformation, they turned to Debora, a seasoned executive coach and change consultant. The institution was grappling with technological disruption, shifting customer expectations, and mounting regulatory pressures, and they viewed their transformation program as the natural solution to these challenges. is a professor at Carlos III University and adjunct professor at IE Business School, where he researches employee adaptability and organizational change. As a former research head at AQAI and Group VP of HR Strategy at Swiss Re, he led multimillion transformation projects and now advises organizations and consultancies on evidence-based transformation. is an assistant professor of management at Simon Fraser University, Vancouver, Canada, where he conducts research on strategic leadership. He has worked in CEO advisory with Spencer Stuart and as a vice president in the corporate-governance team at Credit Suisse.

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