Source : IBM
Type of survey : Survey of 1,500 change management executives
Date : Oct 2008
IBM survey in the success / failure rates of “change” projects finds;
Only 40% of projects met schedule, budget and quality goals
Best organizations are 10 times more successful than worst organizations
Biggest barriers to success listed as people factors: Changing mindsets and attitudes – 58%. Corporate culture – 49%. Lack of senior management support – 32%.
Underestimation of complexity listed as a factor in 35% of projects