Part 2/6:
While the majority of new projects may stumble, it is the 5% that succeed which truly move the needle and transform industries. These successful initiatives—although a small fraction—are the ones that dramatically impact organizational performance. For example, large corporations such as Walmart or multinational firms engaging in substantial restructuring efforts often battery through massive layoffs or department overhauls. These bold moves are typically rooted in their most successful initiatives, which stem from the 5% that have proven effective.