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Q1 CHANGE MANAGEMENT MARKET UPDATE

Change Management is a profession that is becoming increasingly more recognised as a valuable necessity within the corporate environment.
Throughout 2013, we noticed a rise in awareness and a greater recognition of the role of change management and its ability to deliver bottom line benefits to any transformation program. Organisations are placing greater value on change management and its contribution to the success of projects and initiatives. This, combined with greater acceptance of the legitimacy of the practice and the competencies associated with change management has lead to a demand for companies to build internal change management capabilities rather than continuing to rely on external consultants.
Organisational changes and IT implementations, in particular to improve operational and process efficiency has seen a rise in demand for project and change professionals. Specific certifications and experience in methodologies such as Prosci or PCI and only trained change management professionals, with a successful change management track record are being considered amongst our clients seeking to resource change requirements.
Tight deadlines and cost constraints within organisations have lead to more employment opportunities taking the form of contract hires. This combined with the nature of transformations being more project based means that the contract market is becoming significantly more buoyant than in previous years. Despite this, while the market is looking positive at a macro level, cost restraints are still evident and salary levels and daily rates have generally not increased.