This month’s edition of the HRG Newsletter focuses on successful Change Management in organizations. This is something everyone talks about, few know how to really do it, everyone thinks everyone else is doing it, so everyone claims to be doing it too.
Over 70% of change initiatives in organizations fail (Kotter, 1995).
Sound bad? Here are some more fast facts from a 2013 study from Change and Communication ROI Survey, which involved 276 large and midsize organizations from North America, Europe and Asia:
- Employers felt 55% of change management initiatives met initial objectives, but only 25% felt gains were sustained over time.
- 87% of respondents trained their managers to “manage change,” but only (a dismal) 22% felt the training was actually effective.
- 68% of senior managers said they’re “getting the message” about reasons for major organizational changes, but that figure falls to 53% for middle managers and 40% for front-line supervisors.
We’ll cover ways to create successful change initiatives at every level, some reasons why well-intentioned initiatives can fail, and how strategic Human Resource process and people in your organization can act as a leverage point for that success.
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