According to Gartner, enterprises that fail to prepare and support their workforces for major and continuing organizational change will miss business objectives by at least 30% and will experience turnover rates of at least 20% annually for key knowledge and leadership workers.
PTG Helps People Change To Drive Transformation
The success or failure of any change initiative involves preparing your organization for transformation at both the organizational and individual levels. From an organizational perspective, it is key that a structured approach is taken to identify the groups and people who must adopt the new business practices and technology. Executive sponsors and individuals to champion and support the change before, during, and after implementation must be identified and engaged throughout the project. .
At the individual level, the change management requires an understanding of what the varying levels personnel will need to successfully transition to the new solution. This change must be understood and accepted by all levels of employees within the organization and individuals must be supported in developing the requisite skills and capabilities to execute the desired change.
PTG defines change management to include the processes, tools and techniques to manage the people side of change to achieve the required business results. Our approach to change management is based on the Prosci methodology, which has been adopted by 80% of the Fortune 100 companies and based on 18 years of benchmarking research in the field of change management.