Universal Wrench
While evolutionary change is more gradual and somewhat easier to manage, the implementation of a transformational strategy often means a departure from tradition and the familiar and that involves risk.
The Nature of Innovation in Business
Innovation requires change. Change is inevitable because maintaining a competitive advantage in the face of demographic, technological, and globalization trends change at a much higher rate than ever before. Few will argue with this statement, but fewer still will say their organization does a good job at managing changes. This is mainly due to their failure to recognize and deal with all of the aspects of the change dynamic.
Fourteen Characteristics of Transformational Change
Transformational change is wrenching and success in managing change of this nature requires the recognition and understanding of all of these characteristics of that endeavor.