In the vast majority of studies related to change management and business transformation, we have read that many change efforts end up failing. It is common to find citations such as "40 percent of automation efforts fail," "Seven from ten lean initiatives are not successful," or "70 percent of digital business change actions do not bring value." These statistics prove that the ratio of successful transformations, or change initiatives, (even supported by external consultants) fall miserably low.

With the above in mind, check out the top five reasons why change and transformation actions fail.