"The rate of change in the business world is not going to slow down anytime soon. If anything, competition in most industries will probably speed up over the next few decades. Enterprises everywhere will be presented with even more terrible hazards and wonderful opportunities, driven by the globalization of the economy along with related technological and social trends." -- John Kotter, Leading Change.

I made that prediction ten years ago. Then the stock market bubble burst. Terrorists struck at the heart of American capitalism. Corporate scandals shook the world. The global economy accelerated, with China and India flexing economic muscle not previously imagined. Organizations that have not been able to transform themselves effectively in the face of these and other forces have faltered. Some have failed.