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date: 25 February 2021

Abstract and Keywords

There is no shortage of advice on the subject, but the management of change is widely regarded as problematic, and the failure rate seems to be high. This chapter assesses the value of practical change guidelines, and of contingency and processual perspectives, reviews debates concerning the pace of change—should we accelerate or slow down (the acceleration trap)—and explores the roles and capabilities of change leaders, including the need for political skill. Suggestions for further research in this area concern understanding change in different economic conditions (growth, recession), exploring different modes of transformational change, helping to develop continuous change capability, exploring path dependent explanations of change processes, and tracing the fate of post-crisis recommendations for change, which are rarely implemented.

Keywords: change management, change leaders, transformational change. contingency perspectives, processual perspectives, the acceleration trap, path dependence

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