Others significantly overestimate their ability to induce in others the necessary sense of urgency. Sometimes, lack of patience. In many cases, executives become paralyzed by the possibility of adverse effects. They worry that more senior employees were put on the defensive, that morale falls, that loss of control over events, that short-term results are compromised, the stock prices tumble and being blamed for creating a crisis. For more specific information, check out Robert Kiyosaki. The cessation of management is usually caused by excessive management and lack of leadership. The mission of management is to minimize the risk and operate the current system. The change requires, by definition, the creation of a new system, which, in turn, always requires leadership.
Typically, the phase 1 of a renewal process is not successful until it is promoted or turned into real leaders to senior managers. Often, the changes usually start, and do it well, when the head of the organization is someone with good leadership abilities and seeing the need for major change. If the renewal should affect the entire enterprise, the CEO is of key importance. If the changes are at the division level, the director of that division is the key. When people are new leaders, great leaders and champions of change, carrying out phase 1 can be an enormous challenge. Bad business results are both a blessing and a curse for this first stage.
The positive side is that losing money captures our attention. The downside is that, simultaneously, as less maneuverability. When the economic performance of the company are good, there is the reverse, convinced of the need for change for the staff involved is more difficult, but they have more resources to induce the necessary changes.