Organisations and their leaders become blind over time to the powerful external realities that shape their world. And they often forget who ultimately pays the bills.
Reinvention - News, Features, and Slideshows
While working on more than $2 billion worth of reinvention projects in the past 15 years, I've often reflected on why large companies can be so good at running their organizations but struggle so much when it comes to changing them. Any way you slice it, reinvention is hard. It is difficult even when it's successful. And it hurts when projects stumble, spiral out of control, or crash and burn-which happens as much as 70 percent of the time.