Welcome to Podcast #28! It's Fix It Friday, and we're diving into why businesses struggle so much with change. Join hosts Toby and Chris as they explore why half of all business initiatives fail and discuss insights from the CEB Corporate Leadership Council's 2016 study. Discover why alignment, clear objectives, and understanding the 'game' are critical to successful change. Hear personal anecdotes, such as the pitfalls of implementing systems like SAP without proper alignment. Plus, learn about the innovative use of AI and generative prompts for efficient work processes. Tune in for a deep dive into the challenges of change management and proactive solutions.

00:00 Introduction and Greetings

01:05 Why Businesses Struggle with Change

01:45 Statistics on Change Initiatives

03:52 Real-World Examples of Change Failures

11:44 The Impact of Poor Change Management

13:46 Strategies for Effective Change Management

18:22 Generative AI and Prompt Engineering

20:41 Conclusion and Final Thoughts