CHANGE MANAGEMENT
Regardless of industry or location, change is the new constant. The typical organization today has undertaken five major firmwide changes in the past three years — and nearly 75% of organizations expect to multiply the types of major change initiatives they will undertake in the next three years.Yet half of change initiatives fail, and only 34% are a clear success.Modern organizations with flatter organizational structures and complex reporting lines can vastly improve the likelihood of change success by adopting an open-source change strategy. This approach can help you increase the probability of change success by up to 24%, cut implementation time by up to one-third, and reduce time spent on change by up to 12 hours per week per employee.