H/T David Grossman
The Grossman Group, in partnership with The Harris Poll, recently launched new research into what makes or breaks large organizational transformations. You can access the research here:
Below are 5 key takeaways from the research:
Key Findings:
- Organizations are at the change tipping point.
Most employees can absorb 1-2 major changes per year, yet over 50% of business leaders expect to implement 3 or more in the next two years.
- AI is the most frequent—and most difficult—change.
AI is driving a third of today’s strategic and operational transformations. 83% of leaders expect AI to play a major role in future change, and 1 in 4 say it’s the hardest change to implement.
- 1 in 4 major change efforts fail—at great cost.
Failure leads to burnout, dissatisfaction, workload spikes, and turnover, especially when employees lack communication and feedback loops.
- Effective communication triples change success.
Organizations are 3x more likely to succeed in major change when employees are fully bought in. Clear and credible communication doubles success rates.
- Culture change and layoffs are especially at risk.
These change types are the least likely to succeed, particularly when leaders aren’t trained to communicate them well.