The art of change in organizations - building an innovation engine with Jorge Castellote

We are all excited when we hear success stories of companies implementing new business models and launching innovative products. It means evolution and creating value for customers. But the reality is not that bright: According to McKinsey, 70% percent of transformations fail.

The contributing factors for failure include insufficient high aspirations, a lack of engagement within the organization, and insufficient investment in building capabilities across the organization to sustain the change.

Another sad reality is that there is no model that can fit the particularities of a specific industry – we can't just say lets go and invest on technology, let's have agile processes or let's invest on what we need and we will get results.

Fortunately in this episode of Learn with Bessern - our guest Jorge Castellote is a thought leader on this topic.

🌟 About our guest Jorge Castellote

Jorge Castellote has worked with hundred of companies on their transformation during close to 15 years. First in one of the global consulting groups and lately in his own company Innoway - a change consulting group that has helped companies in almost all continents. You can reach out Jorge at https://innoway.me/  or in LinkedIn at https://www.linkedin.com/in/jorgecastellote/ 

What we discussed in this episode of Learn with Bessern:

💡 In the last 10 years the majority of organizations has embarked in initiatives to create new products, services or simply create efficiencies - what are the biggest misconceptions that you have observed in the execution of a corporate change program

💡 The Lean Startup approach has been made quite famous to bring agility and innovation: do we have proof that it works?

💡 When change in an organization doesn't work - what are the usual suspects? WHY change fails?

💡 What have you observed - in terms of human (organizational) psychology during times of change

💡 What KPIs should a CEO setup for change?

💡 Who should lead the change? Is there an organizational setup to make it real? 💡 Is there a roadmap or process to start change and de-risking the impact of human natural resistance and create a sustainable innovation engine… is there a specific order of doing things? What is a Minimum Valuable Ecosystem (MVE)?

🎙️ This episode on change in organizations is hosted by Ivan Palomino.

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