Significance
The biggest challenge that organizations are facing today is how to adapt and evolve at the frenetic speed at which the external environment is changing. Most organizations find change difficult due to the disruptions caused by it, which generally result in people having to step out of their comfort zone, thereby creating feelings of uncertainty and fear. Moreover, leaders need to demonstrate courage, conviction, empathy, and patience to manage the turbulence arising from change.
Robin Sharma, author of multiple books on leadership topics, has so aptly said:
"Change is hard at the beginning, messy in the middle and gorgeous at the end." [i]
What makes matters even more complicated is that this change cycle, as stated by Robin Sharma, is a continuous cycle in today's era and the pace of the rollover of the cycle will only get faster going forward. What is not encouraging is that the success rate of major change initiatives is quite low. John Kotter, author of the international bestseller...
