Conclusion and Recommendations

Abstract

Change management is ubiquitous in organisations as companies have to transform constantly in order to survive. This phenomenon identified by several authors as well as studies is also confirmed by this empirical research. Most of the responding organisations underwent a broad and far-reaching change project in the last five years. After all, no discrepancies can be identified between different industries or companies having a different size. The need to change to ensure the chance to operate successfully in the market in the future is omnipresent. As a result, managing and leading organisational transformation are essential disciplines for all Chief Executive Officers as well as managers to be successful in the twenty-first century. This applies not only to large corporations but also to small and medium-sized enterprises in Germany.