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ARTICLE · 28 FEBRUARY 2012

Change Management: A Strategic Tool And Conscious Leadership Choice

TCii Strategic and Management Consultants
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Change management is a conscious leadership decision to reorganise and redeploy a company’s resources to new business realities. Change is crucial for a company’s survival, but many companies resist change until it’s forced upon them.

United KingdomStrategy

Change management is a conscious leadership decision to reorganise and redeploy a company's resources to new business realities. Change is crucial for a company's survival, but many companies resist change until it's forced upon them.

Most transformations undertaken in non-crisis conditions end up failing: employees' attitudes and behaviour remain unchanged, ambitious targets slip downward, and the change management programme is finally abandoned, leaving the company worse off than it was before.

At one time, companies were expected to have a nearly immortal lifespan. But research indicates that the average life of a Fortune 500 business is now about 45 years and getting shorter, as indicated by the rise in mergers and acquisitions, and in bankruptcies.

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