Ambition is a noble characteristic. It fuels people into creating great value for themselves and others, it produces great innovations, and it creates inspiring leaders. For many, it can also be the source of great frustration.
2008 research conducted by McKinsey and Company found that 1 in 3 change programs in organizations will meet the benefits intended for them. That stat has been consistent over the last decade. They then go on to explain why they believe that occurs, and to be truthful I found the explanation full of fluff. Here is my take from having lived the discussions with leadership teams first hand. As badly as you would like to believe otherwise, almost 70% of projects fail because:
Words From The Wise
“If there is a clear distinction between the processes of managing and the process of leading it is between getting others to do - managing - and getting others to want to do - leading.”
- James M. Kouzes and Barry Z. Posner
You know the story. You're a leader with a dream. You've got the answer that will turn things around. Culture! Transformation! Big profits! WE have a bright new future ahead of us!