In consultation with a panel of 60 executives from global companies, we defined вЂњtransformationвЂќ as a fundamental shift in the way that an organization conducts business, resulting in economic or social impact. Thus, an important first step in our study was defining what constitutes a transformation. Transformation is perhaps one of the most used and abused buzzwords in business today. Our findings revealed that companies that successfully transformed themselves shared a common focus on initiatives that prioritized employees, such as DE&I programs and support for women managersвЂ™ careers, in addition to competitive pay and access to health care.Дefining Transformation - and Transformative Organizations How companies engage their employees can be the difference between success and failure.A 78% failure rate, compared with KotterвЂ™s asserted 70%, quantifiably affirms how tough it is to transform an organization. Only 22% of companies in our analysis successfully transformed themselves. Transformation is even harder than we thought.Using a meta-analysis that crunched data on financial performance as well as corporate reputation, we found that: So last fall, our three organizations, Copperfield Advisory (Copperfield), Insider, and Revolution Insights Group ( RIG) came together as a team to determine what puts some companies on the path to success. Is KotterвЂ™s number accurate? And what makes a successful transformation? There have been surprisingly few studies that set out to answer these questions in a quantitative way. More than 25 years ago, John Kotter highlighted the challenge when he made his now-famous assertion that 70% of corporate transformation efforts are doomed to fail. The success you can find through preneed sales is rich and fulfilling.Successful enterprise transformation has long been considered the holy grail of the corporate world - continually sought after, but difficult to grasp. Remember this lesson as you work towards helping funeral homes and families. The more you want it, the harder you will have to work at it. If you are wanting to create more business for yourself and be successful, you will have to work for it. This truth is can be applied to any endeavor in our lives. When you desire success as much as you wanted that breath of air, you will be successful.вЂќ The secret to success is only in wanting and working for it. вЂњIt is just as I told you earlier, the secret to success is already inside all of us. Then Socrates revealed his secret, plain as day. вЂњTo take a breath of air to be able to stay alive,вЂќ he said. Socrates answered rhetorically, вЂњWhile your head was underwater, what was the one thing you wanted more than anything in life?вЂќ The student blurted out, вЂњWhy did you do that?!вЂќ Was his teacher mad at him? What other reason would he act so strange? After a few deep breaths he composed himself and pondered what had just happened. He writhed under the grasp of Socrates, gasping for a breath.ДЄfter a couple of minutes, suddenly some inner strength burst into the young man and he pushed himself out of the water and gulped in precious air. After only a few seconds (that felt like eternity to the young man), he started struggling to get his head out of the water. вЂњMy son, bend down here by the edge of the river and stare deeply at these flowing waters.вЂќ As the student bent down beside the river Socrates took him by the neck and plunged his head into the water. They walked side by side in silence for a while and upon reaching the river Socrates spoke. If you walk with me, I will take you to the river of life and show you.вЂќ вЂњMy son, the secret is within each one of us if we only truly want it. Socrates looked at his student with a thoughtful expression and after a long pause, he responded. вЂњTeacher, I have studied many years with you and even though I have learned many things I still have not learned the secret to success or what it really takes to be successful. One day a bright student wishing to be successful put this question to Socrates. SocratesвЂ™ shared the secret to success through this story: Socrates was a classical Greek philosopher credited as one of the founders of Western philosophy.

The secret of success