What Can We Learn from Change Failures?

As reviewing these case studies of failed businesses shows, we can learn from the mistakes of companies that, for one reason or another, did not change. This also shows why it is so important for organizations to change and keep up with the rest of the business world. Keep in mind that businesses that are successful today will also be challenged in the future and will also be forced to change or become obsolete. As technology advances further and further, organizations need to keep pace with those changes. This is why it is so important to effectively use change management. This video addresses why business transformation fails for so many and what a good leader can do to prevent that change from occurring.