Accelerating Corporate Transformations (Don’t Lose Your Nerve!)

Accelerating Corporate Transformations (Don’t Lose Your Nerve!)

How can you hedge against some factors that tend to slow down reorganizations?

Author(s): Robert H. Miles

Publisher: Harvard Business Review

Date of publication: 2010

Read this article on the publisher's website [Harvard Business Review]

Summary

Reorganizations that take a long time are often those that yield the least positive results. The speed of execution thus emerges as a key success factor. Yet maintaining the pace in a project that often lasts for months is not obvious. Numerous elements combine to stall the transformations. The author identifies six common stalling factors such as wait-and-see attitudes, the fear of failure, the resistance of some leaders or the demotivation of the teams, and proposes solutions to prevent them.