2)It’s imperative to actively encourage middle managers to bring forth innovative ideas and to provide adequate support when these managers propose significant changes. 3)Successful transformation demands a fundamental reexamination of every aspect of a business to achieve breakthrough results. To achieve this, rewards must reinforce this need for wholesale change.The conventional approach to business transformation — top-down directives coupled with bottom-up execution — isn’t working.
While the traditional top-down method may aid in cost-cutting and efficiency, it fails to produce enduring breakthroughs in business performance.Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Change Management. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.