Demystifying Change Management
Change has become a ‘way of life’, with ‘change management‘ being a recognised discipline. Despite significant investment and literature on the subject, most studies still show a 60-70% failure rate for organisational change projects - a statistic that has stayed constant from the 1970s to the present.
Why is it so difficult to manage, implement and successfully master change? Could change resistance have been invented by managers in order to justify their potential failures? Could the ever-increasing degree of complexity related to organisational transformations be the main cause of this challenge?
Common misconceptions about change management lead to a superficial approach to change initiatives. Download the article to look at each of these in turn with a view to demystifying change management.
Inside issue 4 - March 2014
Inside is Deloitte’s quarterly magazine offering an exclusive insight into best practices, trends and opportunities faced by our clients across all industries.
Inside focuses on the main hot topics relevant for the market (Asset management, Banking, Insurance, Public sector, Healthcare, Private equity, Real estate, TMT, Manufacturing and consumer business, Transport and logistics).