(Pivotal Resources: Walnut Creek, California) -- At a time when rapid change is affecting nearly every industry, and the ability to adapt is business-critical, corporate America is still proving weak at turning change efforts into real results. A new study commissioned by Pivotal Resources and conducted by independent research firm Core Strategies, a global change leadership consulting firm, reveals that marketplace pressures are driving change projects to be a top priority at most companies, but almost half of the respondents indicate that a significant number of change projects failed to meet their stated goals.

“A business’s ability to get the most value out of change investments—whether they’re reorganizations, new ventures, process improvements, IT systems, etc.—is absolutely critical to staying ahead in today’s competitive, global environment,” says Pete Pande, president and founder of Pivotal Resources. “This study strongly indicates that managers and leaders really don’t have a clear idea of what their investments are, or how they’re paying off.”

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