Asked by Kristina Singh on Jun 03, 2024
Verified
Sixty to seventy percent of all organizational change projects are successful.
Organizational Change
The process by which organizations transform their structures, strategies, policies, processes, or culture to adapt to internal and external pressures.
- Understand the significance of addressing resistance to change proactively.
Verified Answer
CR
Cristina ReneeJun 09, 2024
Final Answer :
False
Explanation :
Studies and surveys, including those by McKinsey and other organizations, have consistently shown that the success rate of organizational change projects is much lower, with a common statistic being that around 70% of these projects fail to achieve their goals.
Learning Objectives
- Understand the significance of addressing resistance to change proactively.
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