Date Added: Apr 2010
Every organisation is affected by change, especially during times of economic volatility. However, project managers tasked with leading change initiatives are all too aware of the alarming failure rates that can occur. The critical missing piece is largely the failure to take into account how change affects an organisation's people. According to a study by PriceWaterhouseCoopers, research shows that nearly 75 percent of all organisational change programmes fail because they don't create the necessary groundswell of support among employees.