Eight out of ten CEOs anticipate substantial or very substantial change over the next ten years, yet they rate their ability to manage change 22 percent lower than their expected need for it - a change gap that has nearly tripled since 2006.
...the outperformers did not face fewer challenges than others; they simply anticipated more change and were more effective at managing the change.
On average, practitioners rated only 41 percent of projects are successful, defined as meeting time, budget and quality goals.
The respondents identified the change of mindsets and attitudes and change of corporate culture as the most challenging task to accomplish in change processes. Top management support and employment involvment are key factors for successful change. Nothing new, but good to see some numbers which support what we were preaching for years.
Much more, dive into the study, it's worth and I predict it will become one of the most cited reports in 2009.