In an era where change is the only constant, leaders face a critical challenge: implementing transformative changes while keeping the business running smoothly. With 70% of change initiatives failing to achieve their goals, the stakes couldn’t be higher. How can leaders navigate this delicate balance between innovation and stability?
Itai Green, founder and CEO of Innovate Israel and a renowned expert in corporate open innovation, offers valuable insights on this pressing issue. With over two decades of experience guiding global corporations through transformative changes, Itai has developed strategies that maintain business continuity while driving successful change implementation. His expertise is particularly relevant today, as 85% of executives report that the traditional change management playbook is no longer fit for purpose in today’s volatile business environment.
In this article, we’ll explore Itai’s perspective on how leaders can ensure successful change implementation while maintaining business continuity. His practical advice promises to be invaluable for business leaders and event planners seeking to drive organizational transformation without disrupting day-to-day operations.
Itai Green
Itai Green, founder and CEO of Innovate Israel and a leading expert in corporate open innovation, offers a compelling perspective on how leaders can ensure successful change implementation while maintaining business continuity. According to Itai, the key lies in embracing innovation, particularly generative AI, as a tool for both organizational and individual growth.
To ensure successful change implementation while maintaining business continuity, leaders should:
- Recognize that change and innovation are essential for continuity
- Leverage generative AI to engage employees in transformation
- Create an atmosphere that promotes and rewards the adoption of cutting-edge technologies
Itai emphasizes the dual benefit of this approach: “It’s not only for the value or the benefit of the company. It’s also for their benefit, their own benefit, your employees benefit.” By framing change as a way for employees to enhance their own market relevance, leaders can more easily gain buy-in and collaboration.
Key strategies for implementation include:
- Encouraging employees to experiment with new technologies
- Highlighting how these skills benefit both the company and individual careers
- Recognizing and promoting employees who effectively utilize new tools
As we explore additional expert perspectives on balancing change and continuity, consider how Itai’s approach of aligning organizational and personal growth through technology adoption could be applied in your own leadership strategy. By fostering a culture of continuous learning and adaptation, leaders can drive successful change while ensuring their business remains robust and relevant.