Modern organizations require robust change management
The rapidly changing business landscape has made flexibility and adaptability an imperative for organizational success. As a result, businesses engage in more change initiatives than ever before – and the stakes for such projects are frequently elevated.
Unfortunately, the failure rate for these initiatives remains high. And employees are becoming increasingly resistant to supporting enterprise changes.
of digital transformation projects fail to meet business objectives
of digital transformation projects
fail completely
of projects go over budget
of ERP projects fail completely or fail to meet their objectives
increase in change initiatives
affecting employees
decrease in employee willingness to support change initiatives
Projects succeed when human behavior changes
Project success depends on strategy and planning that takes full account of the skills, experience, and capacity of functional and project teams. Leaders must be equipped to create healthy environments that support team success.
But change management cannot be neglected at any stage of the process. Newly assembled project teams require support to adjust to their new roles, just as stakeholders and end users require guidance to adopt new behaviors and ways of working.
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