MBATricks

Tips and Tricks about my MBA experience

Common Errors

  • Allowing to much complacency
  • Failing to create a sufficiently powerful guiding coalition
  • Underestimating the power of vision
  • Undercommunicating the vision by a factor of 10 (or 100 or 1000)
  • Permitting obstacles to block the new vision
  • Failing to create short-term wins
  • Declaring victory too soon
  • Neglecting to anchor changes firmly in the corporate culture

Consequences

  • New strategies aren’t implemented well
  • Acquisitions don’t achieve expected synergies
  • Reengineering takes too long and costs too much
  • Downsizing doesn’t get costs under control
  • Quality programs don’t deliver hoped-for results

Source:

Leading Change by Kotter

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