Organizational Change Management is Not Easy: 5 Tips For Success
If you read Forbes, the New York Times and the scores of articles on the web, social media, and in magazines, you will see that studies all seem to indicate that approximately 70% of organizational change management initiatives fail. “Most traditional organizations have accepted, in theory, that they must either change or die,” wrote Nitin Nohria and Michael Beer in a 2010 piece from the Harvard Business Review titled “Cracking the Code of Change states that “even Internet companies such as eBay, Amazon.com, and America Online recognize that they need to manage the changes associated with rapid entrepreneurial growth. Despite some individual successes, however, change remains difficult to pull off, and few companies manage the process as well as they would like. Most of their initiatives—installing new technology, downsizing, restructuring, or trying to change corporate culture—have had low success rates. The…