Organizational change is an absolutely essential part of success — and this report from WalkMe underscores just how powerfully effective well-executed change management can be. Their Change Management Statistics Report offers insights into how businesses can leverage strong management techniques for better outcomes.
As their research revealed, 97% of decision makers understand that having a dependable change management strategy is crucial to long-term success. This finding is backed up by additional data showing that enterprises investing in organizational changes witness a median 26% hike in process efficiency and 21% growth in employee engagement scores, as compared to those who don’t invest in such strategies.
Sadly, more than half (54%) of surveyed companies have weathered unforeseen issues during reengineering because of unbalanced change management approaches. Such ordeals — which may include delays, overspending, low adoption rates, and employee reluctance towards new systems or processes — can easily destabilize an organization if not rapidly addressed.
The study also delivered evidence that corporations with matured change management practices reap higher levels of customer gratification and loyalty from their employees, customers, and other stakeholders alike. Those adhering to comprehensive modus operandi to improve organizational changes are far less likely to suffer from opposition or staff resignation when making significant alterations within their enterprise — ultimately saving both time and cash for the lengthy run.
To make cutting edge digital transformation initiatives gainful investments need both technology solutions plus thoughtfully designed modification procedures running merrily together for ultimate outcomes. This report outlines why it’s so important to make considerable investments in the correct manner into organizational changes — highlighting the necessity for a unified approach focusing on people at the heart of any successful endeavor or project.
At the end of the day, this report proves that investing effort into proper change management can help you attain greater efficiency while avoiding huge losses incurred due to insufficient preparation or implementation. Allocating sufficient time beforehand to build a solid groundwork will significantly aid you during any period of transition within your organization — thereby bringing forth enhanced customer satisfaction as well as improved results throughout!
