3 Change Management Statistics You Need to Know

3 Change Management Statistics You Need to Know

Managers and team leaders in public health have the unenviable position of leading the horse to water and getting it to drink. That’s because gaining buy-in about the importance of change management can add complexity to a daunting goal.

Change management guru Prosci recently surveyed project and change management leaders to assemble insight from more than 4,000 experts in 56 countries. Here are the top three change management best practice statistics from their research:

Our Top 3 Change Management Statistics

  1. Quality, Not Quantity

    The research showed that the quality of change management strongly affects the outcome of a project. In fact, with high-quality change management techniques in place, your project is six times more likely to meet benchmarks than with leaders that fail to effectively manage both people and processes.

  2. Without People, Process Fails

    71% of the study participants that implemented change management techniques completed their projects on schedule. Sometimes project leaders are so focused on implementation deadlines that they fail to manage the people affected by the project. When this happens, the rollout becomes more like a rollover, and the project falters. The change management statistics provided by the Prosci study shows that effective change management means better schedule adherence.

  3. Change Management Improves Project Bottom Line

    81% of the projects with effective change management came in on or under budget, according to the study. When change management wasn’t as effective, there was a clear negative fiscal impact. The Harvard Business Review suggests 60-70% of all the change initiatives undertaken in organizations fail. Could this be because leaders fail to fully embrace the concept of change management that is so crucial to the successful implementation of any project?

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Posted on

March 10, 2018