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It’s Time to Abolish the 70% Change Failure Rate Statistic

Change Starts Here

In my own digging into this topic, I’ve found experts like Ken Blanchard and Daryl Conner also referenced their own research and estimates that 70% of change initiatives fail, without citing specific evidence. The remaining 59% missed at least one objective or failed completely. It’s hard to argue with the experts!

Kotter 143
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The False Promise of Free Capital Flows

Harvard Business Review

The models concluded — in a sort of "divine coincidence," as the MIT economist Olivier Blanchard and a colleague quipped — that if central banks merely maintained steady, low inflation, they would achieve economic stability and the best growth possible. Washington and London espoused this orthodoxy.