120VC published a new HBR cover story on why change efforts fail, quoting Michael Hammer's book from 1993.

Most organizations don’t struggle with strategy. They struggle with execution. Leaders set direction. Teams align. Initiatives begin with momentum. But over time, priorities shift, complexity increases, and outcomes don’t match expectations. That’s the gap we focus on. At 120VC, we help enterprise executives build leadership teams that turn strategy into measurable results. Our work is centered on improving how execution happens across organizations so teams can consistently deliver. We partner directly with our clients by embedding experienced operators into their environments. This allows us to work alongside leadership and teams to bring clarity, alignment, and accountability to critical initiatives. Our approach is grounded in a simple principle: outcomes matter more than activity. We focus on three measurable pillars—customer satisfaction, team satisfaction, and profitability—and help organizations improve all three without trade-offs. Over the past two decades, we’ve supported organizations such as DirecTV, Trader Joe’s, NBCUniversal, Sony Pictures, Activision Blizzard, and others in delivering complex initiatives and transformation efforts. We don’t operate on the sidelines. We work within the business to help teams execute and deliver measurable outcomes.