Why Most Transformations Fail And How ABB Got It Right | Prof. Timo Vuori ft. Ilkka Lipasti
Many corporate transformations fail due to emotional resistance. It's very rare to see success cases.
In this video, Ilkka Lipasti, Group Vice President at ABB, shares his insights on the very successful transformation of ABB.
0:00 Introduction
0:35 What Changed Inside ABB
1:15 Facing Reality: The Brutal Facts
2:21 1. From Top-Down to Bottom-Up
3:44 2. Expectation Clash
4:48 3. Fixing the Process in Real Time
6:05 4. Structured Decision-Making
7:05 Change Built Energy
7:37 3 Foundations for Successful Transformation
11:05 How to Turn the Foundations into Action
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