Most transformations begin with the same invisible hurdle: denial that sets in because of anxiety and risk, whether real or perceived. The first step, therefore, is psychological in nature.
When denial takes over, leaders abandon transformation efforts altogether or launch insufficient initiatives with underpowered processes.
This roadblock takes place at the highest level: the CEO, the C-Suite, the Board, resulting in a “Leadership Paradox”: it is the leaders – not middle management – who are the main impediment to a transformation.
Driving a transformation requires psychological courage.
But when well-articulated and well-framed —to stakeholders, and to our internal psyche — a transformation becomes an exciting undertaking, a competitive weapon, arming the organization to face its next horizon.
The question isn't whether your organization will face a transformation. The question is whether you'll lead it to achieve competitive advantage.
How can leaders move from contemplation to action?
Read the full article
How Foresight and an Aligned Operating Model Help Companies Thrive
December 10, 2025
Managing Director Richard Holt explains why an aligned operating model is critical to resilience and long-term value creation. He outlines practical questions and levers boards can use to clarify where value is created, build operational agility at scale, and strengthen capital engagement strategies and investor communication.
Managing Director David Podolsky Featured in Fortune
December 1, 2025
A&M Managing Director David Podolsky was featured in a new Fortune article, breaks down why turnarounds are so pivotal and how leaders can move sooner, not later.
Alvarez & Marsal and EHL Forge Strategic Partnership to Shape the Future of Hospitality Leadership
November 12, 2025
A&M becomes EHL’s first advisory firm partner within the Alliance, EHL’s global business network, uniting business insight and academic excellence to advance global hospitality.
Managing Director Daniel Schmeltz Featured in Fortune
October 8, 2025
A&M Managing Director Daniel Schmeltz was recently featured in Fortune, discussing why most corporate turnarounds fail and how successful leaders drive lasting transformation.