Cracking The Code of Change - Article Example

This has led to failure in most organizations when dealing with change. In fact, about 70% of all change initiatives in organizations are bound to fail if not approached with a lot of sobriety (Todd and Maury, 2010). Each company is unique and should approach the subject of change in its own way. There are two main theories of organizational change. The first one, Theory E, is based on the economic value of an organization while the latter, Theory O, is based on the organizational capability (Todd and Maury, 2010).

I concur with the article. The authors have gone a long way in illustrating why organizational change should be approached carefully. Most companies resulting in failures in the implementation of various strategies often handle organizational change carelessly. Most firms do not realize the importance to use unique strategies allied to their own operations as opposed to relying on other methodologies and strategies that have worked for other organizations. Every organization is different and needs to approach change with a lot of sobriety in order to ensure the strategies implemented are effective in initiating meaningful change.