Three Traps When Reinventing Your Company

Even when navigating a sharp turn in corporate strategy, companies need to stay true to their core identity. But how can leaders inspire teams to change without letting the past weigh everyone down? This can be a tricky path, with grave repercussions for organizations that fail to win and keep their workforce's trust. In this video, Harvard Business School's Ryan Raffaelli discusses lessons from his research on corporate reinvention and shares advice for managers on what works.
To take a deeper dive on how to avoid the three reinvention traps, read Raffaelli's MIT SMR article, "The Three Traps That Stymie Reinvention," here: mitsmr.com/rei....