Our experience and expertise, however, tell us it is indeed difficult, but not impossible, to change a culture. And, after designing and implementing dozens of culture shaping and change projects, we have learned what it takes to succeed. Culture change initiatives that work are characterized by 10 key principles and best practices.
Culture Change Success Rates
A recent survey looked at over 1500 companies worldwide that had engaged in corporate transformation initiatives in the past 5 years. 38% of these companies reported their initiatives were "completely" or "mostly successful." The remaining 62% stated their attempts to transform their organizations were only "somewhat successful" or "unsuccessful."
Success was measured based on improving the organization's performance using factors such as profitability, return on capital, market value and inventory reduction. Qualitative factors such as a positive shift in organizational engagement and morale, improved capabilities, and closer relationships with customers and suppliers were also measured.
Learning from studies like these combined with our 25+ years of hands-on experience helping clients on major change initiatives, we have come up with the top 10 culture change success factors.
If you are undergoing organizational culture change, this list is for you.
Read: The Top 10 Culture Change Success Factors
Download: Do You Have a High Performance Culture?
About LSA Global
Founded in 1995, LSA Global is a leading performance consulting and training firm that helps high growth technology, services, and life-science companies create a competitive advantage by powerfully aligning their culture and talent with their strategy. Learn more about getting aligned
People resist change. Leaders resist change. Yet, to be successful, companies must constantly change.
Organizational change occurs at many levels and for many different reasons. From assisting an under-performing leader, to merging two businesses, to shaping a high performance culture and strategy, change is necessary to compete over time.
At its essence, change is about getting people to behave in a new way.
New habits are tricky. As humans, we embrace some big changes - getting married, buying a house, taking on a new job and having a baby. And we fight others - losing weight, quitting smoking, following a new sales process, being on time.
We know that people change when their circumstances change. Top leaders know that it is their responsibility to shape their organization's environment to get the most from their people within their unique strategy and marketplace.
Get organizational change tools now:
Change Readiness Health Check...
5 Science-Backed Lenses of Change Leadership
6 Critical Questions to Initiate Change
A New Way to Think About Change: The Agile Organization
Why Change Fails and How to Beat the Odds
Performance Pressure: How Much Should a Leader Push?
About LSA Global
Founded in 1995, LSA Global is a leading performance consulting and training firm that helps high growth technology, services, and life-science companies create a competitive advantage by powerfully aligning their culture and talent with their strategy. Learn more about getting aligned
