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70% Failure Rate: An Imperative for Better Change Management
Abstract:
The McKinsey consulting group reports data that 70% of all change management efforts fail. A 30% success rate is troubling, particularly when considering the associated costs in the form of loss of competitive position, confidence of the workforce in leadership, and quality improvements and anticipated costs reductions. The ADKAR Model offers a contemporary set of tools to more effectively address change. [J Contin Educ Nurs. 2019;50(4):148-149.].
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