Under-investment in people main barrier to business transformation

Curium | 03 Aug 2017 | News | General News

A new report by award-winning change consultancy Curium Solutions reveals that employees are an organisation’s biggest barrier to change, but developing people is not a strategic priority.

Curium’s survey of 100 c-suite and senior professionals involved in change identified their organisation’s strategic priorities and its ability to achieve the business transformation needed to deliver them.

The survey discovered that the five biggest threats organisation face when meeting their strategic goals coalesce around resources and skills. They are: insufficient skills; ability to deliver sustainable change; lack of investment; lack of change delivery capability; and cultural issues and employee engagement. In other words: people.

Unfortunately, the results demonstrate a lack of focus on developing people as a strategic priority. Just 6% of respondents identified ‘developing people’ as a priority, behind revenue growth (15%), operational efficiencies (13%), reducing cost and improving customer service (both 12%), and improving profitability and digital developments (both 11%)

Founding Director James Farrow comments: “People often make the mistake of thinking that change is a new system or process, but that is not the case. Change doesn’t happen without people doing something different to what they were doing before.”

“Despite knowing this, many organisations stop at the point of implementing the new system, not the point at which people are behaving in the required way. Organisations who understand that they need to invest in helping their people to change will have more success than those who don’t.”

For more results, download the full report. Curium helps organisations to make their strategies a reality; to avoid the pitfalls often encountered, and transform their businesses through cultural, operational and individual change.

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