Convincing Features
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You have recently been appointed CEO of a company. You are asked to implement strategic transformation initiatives and overcome potential resistance to change in the company. The company has suffered from financial losses for three consecutive years, thus resulting in a significant performance gap. Meanwhile, you are aware that according to many reports, 70% of strategic transformation in organizations failed during implementation despite having good strategic transformation plans.
Hence, you understand that you have to lead and manage the strategic transformation effectively with full commitment. Consequently, you are required to develop strategies and interventions to affect the successful implementation of the organizational transformation and to overcome challenges of the performance gap in your company.
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