There is now compelling evidence that effective effective change management is positively correlated with change success and benefit realisation.
- McKinsey and Co, 2002 study of 40 organisations found a strong (0.7) correlation between effective change management practices and benefit realisation. Source: McKinsey Quarterly Magazine, 2004, Number 4.
- PricewaterhouseCoopers 2004 study of 200 companies found a clear link between change management, high performance and a high project management maturity level. Source: “Boosting Business Performance through Programme and Project Management”, September 2004.
- Turner and Crawford’s study of 243 cases of change in Australia and New Zealand identified three capabilities needed for successful change: Engagement, Development and Performance Management.Source: Turner and Crawford, Change Power, 1998
- Prosci’s international study of over 400 organisations found that effective change management is strongly linked to achieving business objectives and staying on schedule. Source: Prosci Best Practices in Change Management Benchmarking Report, 2007
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