Understanding Failures and Embracing Kotter's Steps for Success Objective: explore the main reasons behind the failure of change initiatives in organizations and delve into John P. Kotter's influential model for leading successful transformations, as proposed in 1976. By critically discussing the applicability of Kotter's steps in organizational settings and providing practical recommendations, you will equip yourself with insights on how organizations can approach and implement changes effectively. Real-life examples will be utilized to illustrate your understanding of the topic. Instructions: 1. Introduction: Start by introducing the significance of change in organizations and its implications for staying competitive in today's dynamic business landscape. Provide a brief overview of the main reasons why change initiatives often fail within organizations?