Business is vulnerable to hazardous, high impact, hard to predict and unpredictable events that are beyond the realm of normal ex-pectation. What we call step change events.
Business may recognise its need to prevent these events by attempting change, innovation or transformation, often through silo based thinking or a lack of understanding of the ‘whole busi-ness’. Managing change, innovation or true transformation is not necessarily a core competency for business.
In change management, applying ‘’right medicine at the right time” can possibly achieve the de-sired, sustainable results.