Project Description

A few years ago, CNBC published an article1 which depicted a snapshot of the top retail companies in the 1970s versus the top retail companies of 2017. The article painted a very sobering picture—primarily that only a handful of the retailers on the list from the 70s were actually still in business today.

This unfortunate situation was attributed to the leaders of these companies failing to react to the world’s changing dynamics—and more importantly the consumer behavior and the resulting impacts to the retail industry. In parallel with aligning strategy to a changed world, companies must place high priority on implementing solid change management leadership skills.

The New Pace of Change Management