TransformAble

The pace of global change demands constant vigilance, adaptation and transformation.

Firms that fail to change usually fail altogether. The COVID-19 pandemic forced rapid changes on many firms, as crises often do – but no company can afford to wait for a crisis to set change in motion. Leaders should build their organization’s capacity for deep change, making transformation a regular process and a core competency.

The imperative for more frequent, sweeping change has grown, but transformation remains as difficult and gut-wrenching as ever. According to McKinsey, 70% of attempts at transformation fail. Worse, this number hasn’t improved in decades. These failures have enormous consequences, including the hundreds of billions of dollars lost each year and the disappearance or diminution of once-mighty companies. 

Successful transformations look alike. They employ the universal elements of successful change – a framework that succeeds across every industry and every organization, both online and traditional. Before transformation begins, leaders must assemble top people with the right capabilities to lead the...