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cameron and green making-sense-of-change-management

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8IT-based process <strong>change</strong>IT has become a significant part <strong>of</strong> everyperson’s working life. According to USeconomic analysis figures, companies arenow spending an average <strong>of</strong> 30 per cent <strong>of</strong>their capital expenditures on informationtechnology compared with 5 per cent inthe 1960s. It is viewed as a critical resource.However, despite the sophistication <strong>of</strong>the IT equipment available <strong>and</strong> the range<strong>of</strong> IT tools <strong>and</strong> techniques that have been devised <strong>and</strong> in many casesheavily promoted, organizations are still failing to gain the business valuethey hope for when they embark on IT-based <strong>change</strong>. It seems that whilethe promise <strong>of</strong> IT is high, the reality <strong>of</strong> what we actually experience isdisappointing. It is as if the capacity <strong>of</strong> IT to deliver great things has overtakenour ability to use it effectively within our organizations.Data gathered by Wharton Management School in 1996 reinforces thisgap between expectation <strong>and</strong> reality. The research indicates that although72 per cent <strong>of</strong> company executives asked say that it is critical for their organizationto use high-tech tools such as IT to be competitive, only 17 percent <strong>of</strong> respondents say that the benefits <strong>of</strong> these tools are being realized.281

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