What are some examples of failed culture change in organizations?
One notable example is the case of Nokia, which struggled to adapt to the smartphone revolution and lost its market leadership.
What went wrong with Nokia's culture change?
Nokia's leadership was slow to recognize the shift towards smartphones, and their internal culture resisted necessary changes.
Can you give another example?
Sure! Blockbuster failed to adapt to the digital streaming trend, clinging to its traditional rental model.
What lessons can be learned from these failures?
Key lessons include the importance of agility, listening to market trends, and fostering a culture that embraces change.
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