Exciting times: Many organizations are experiencing the need for profound change in order to adapt to new things. Working on their own future viability is elementary for the survival of the organization. How transformation works and succeeds and why this is actually joyful work for organizations right now – in these exciting times when many things are being turned upside down – is what we talk about as guests in this episode of the LEA Podcast.

Unpredictable developments and radical, sometimes existential changes in politics, society, the market and technology are no longer the exception, but the rule. Most organizations react to this as they have always done in the past: They optimize. But that is no longer enough…

An owner-managed company functions according to different principles than a listed company with a partly unspecifiable and intangible set of (co-)owners. A non-profit association functions according to different mechanisms than a state organization or a cooperative. In this context, the organizational culture is, among other factors, significantly shaped by the ownership structure.

Many organizations are currently undergoing profound and accelerated changes. What are the occasions for transformation and how do they deal with them? What are the factors of success or failure in the eyes of the stakeholders involved? The aim of the Transformation Compass 2021 study was to use an online survey to ascertain the understanding of transformation among stakeholders who are currently involved in a far-reaching change process in their organization or have been involved in the last three years. The study is part of a research project of the Wiesbaden Business School (Prof. Dr. Klaus North) in collaboration with the organizational consultancy p4d GmbH, the organizational consultant Oliver Haas and in cooperation with SYNERGIE VD GmbH with the aim of better understanding, enabling and shaping transformation processes.