Is Your Change Management Approach Keeping Pace with Digital?
World class change management of 10 years ago won’t cut it today—here’s why.
Despite all the investments, organizational change initiatives have a spotty record (evidence indicates that 50% of change programs fail to achieve their objectives; the failure rate increases to 75% for more complex programs). Indeed, the traditional approach to change management is itself in need of change.
And executives need to understand the stumbling blocks that cause transformation efforts to fail. In global surveys, two factors are increasingly recognized as the leading causes of failure:
Success requires overcoming these challenges head-on, through a comprehensive and structured change effort that includes the right mix of processes, governance, metrics, and behaviors.
Moreover, building superior and lasting change capabilities has become a competitive advantage. Companies that are ready, willing, and able to face the challenges of change initiatives are better equipped to manage new changes over time.
A lack of clearly defined milestones and a lack of or insufficient commitment by senior management have increasingly become recognized as the leading causes of failed change initiatives.
Active leadership, speed, employee inclusion, and behavioral change are all imperatives in change management today. Learn how to implement them and make change stick by exploring BCG’s latest thinking.
World class change management of 10 years ago won’t cut it today—here’s why.
This battle-tested performance-management approach tackles the challenge of defining performance goals and empowering teams to achieve them.
Learn about Key by BCGThis communication and engagement tool enables employees and leadership to connect in a real-time, multiway dialogue to improve the odds of success of change management efforts.
Learn more about Tuned by BCGBy embracing strong change management principles, an insurer put itself on a growth trajectory.
Read the storyA government agency partnered with BCG to design and implement a new service delivery model.
Read the storyBrightline Initiative
The Brightline Initiative, the result of a partnership between BCG and the Project Management Institute, bridges the gap between strategy design and strategy delivery.
Learn more about Brightline
Managing Director & Partner
Melbourne
SUBSCRIBE
EN
BCG uses cookies to improve the functionality, performance, and effectiveness of our communications. Detailed information on the use of cookies is provided in our Privacy Policy. By continuing to use this site, or by clicking "I agree," you consent to the use of cookies.