Margin. Field notes on leadership Nº 02
Dispatch · to the desk of one working leader
Starting is free now. Finishing never was.
Five minutes every Tuesday August 2026
The observation

Every organization is carrying a change that never closed.

It launched well. Clean deck, confident plan, a kickoff with all the right words. Then a newer change landed on top of it, and nobody ever decided to stop the first one.

The tool is still half configured. The training slipped and never got rescheduled. The reminder emails still go out to people who stopped opening them.

Nobody calls it a failure. It simply stops being mentioned.

The pattern

You are not short on ideas. You are short on people with room to hold them.

The Grossman Group and The Harris Poll studied this in 2025, in a report called The Change Tipping Point. Most workers can take in one or two big changes a year. More than half of leaders plan to run three or more over the next two years. Even at that pace, the math does not close. And the change people meet most often, and find hardest, is AI. About one in four leaders call it the hardest change they run.

Look at what that does. A machine can now draft the plan, the deck, the rollout note, and the training script in an afternoon. Starting a change is becoming almost free. Finishing one never was. Finishing still costs the same slow things it always cost: practice, correction, habit.

So the gap grows on both ends. The machine makes it easier to start more, and does nothing at all to help your people take in more. Every new launch lands on top of the ones that never closed.

What looks like resistance is arithmetic. Your people are running a calculation you have not run, because every launch is a loan against their attention, and loans carry interest. The interest here is rework: a half-changed process must be relearned every time someone touches it. Nobody is tracking that balance.

And unfinished changes teach a lesson you did not mean to teach. Each launch that fades tells the team the next one will fade too. So they nod in the kickoff, and they wait you out.

Toyota built its whole system on the opposite habit. Kaizen: change in small doses, finished as you go. One small fix gets tested on the line and made the new standard before the next fix is allowed to begin. The pace looks modest. What compounds is that nothing is ever left half done.

Changes fail in the quiet weeks after the announcement, when the same tired team is asked to hold one more thing.

Hold this line
Know what your people are still carrying. That number sets your pace, whatever the plan says.
The move

Before your next launch, count the changes already in the air that no one has finished. Write them down. Count the ones you did not start too: the new finance tool, the policy update, the reorg next door. They all land on the same people.

If the list is longer than two, the next launch is a capacity question before it is a planning question.

When you find one you cannot close, do not add to it. Move its finish line into someone's real week, and give it back the attention it lost the day the next thing arrived.

Here is what happens if you skip the count. You will trust your memory, and memory only keeps the changes you announced yourself. Your gut will say two while the true number is six, and you will launch into a team that is already full.

A better rollout plan is the easy half now; a machine will write you one before lunch. The honest count is the part that protects the people who have to live inside it.

You did not run out of good ideas.
You ran out of people with room to hold them.
Which is harder where you are: starting things, or finishing them? Reply with one word. I read every reply.
See you Tuesday.
Rui
P.S.  Worth your margin: The Change Tipping Point, the 2025 study by The Grossman Group and The Harris Poll. One read, and you will never see a rollout deck the same way.
Five minutes every Tuesday
Margin. · Nº 02
End of dispatch

Common questions

Nº 02

Why do change initiatives fail after a strong launch?

Changes fail in the quiet weeks after the announcement, when the same tired team is asked to hold one more thing. Each launch that fades tells the team the next one will fade too. So they nod in the kickoff, and they wait you out.

How much change can employees absorb in a year?

Most workers can take in one or two big changes a year, according to The Change Tipping Point, a 2025 study by The Grossman Group and The Harris Poll. More than half of leaders plan to run three or more over the next two years. Even at that pace, the math does not close.

Are employees resisting change?

Usually not. What looks like resistance is arithmetic. Every launch is a loan against their attention, and loans carry interest. The interest here is rework: a half-changed process must be relearned every time someone touches it. Nobody is tracking that balance.

Is AI making organizational change easier?

Only the starting half. A machine can draft the plan, the deck, the rollout note, and the training script in an afternoon. Starting a change is becoming almost free. Finishing one never was. Finishing still costs the same slow things it always cost: practice, correction, habit.

What should a leader do before launching another change?

Count the changes already in the air that no one has finished. Write them down. Count the ones you did not start too: the new finance tool, the policy update, the reorg next door. They all land on the same people. If the list is longer than two, the next launch is a capacity question before it is a planning question.

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