How to Measure the ROI of Change Management

February 14, 2022

For decades, change was seen as an occasional event, reserved for major undertakings like changing payroll systems. Today, change is constant, an integral part of operations for healthy companies. A couple of challenges have remained consistent across time - there were no integrated systems to track and measure change across the organization, and it’s often difficult to measure the return on investment of change management resources.

Comprehensive Change Management Platform

ChangeSync solved the first problem by consolidating everything change management practitioners (and those who have the responsibility of change work thrust upon them) do into one, all-inclusive platform. We’re pretty excited about it!

ROI Calculator for Change Management Resources

The second problem is almost as important: leadership often justifies spending by the concrete, mighty dollar rather than important, but sometimes less tangible, criteria. Determining the quantitative value that change management resources deliver is challenging. In fact, it’s pretty darn difficult.

The ChangeSync team put our heads together and came up with a solution: a simple, effective ROI Calculator for Change Management. It’s easy to use and you can quickly enter your organization-specific data. Measuring the ROI of change is a significant endeavor with many factors that affect it. As we sifted through data and the many components of change, we chose 3 that are universal to any change project or industry:

  • Cost of Labor - the annual investment an organization makes in change management resources
  • Cost of Attrition - the real cost of losing good employees
  • Cost of Disengagement - the number of employees affected by change and what it costs if change resources to prevent disengagement are not in place

Change Management ROI - Now the magic happens!  Our calculator uses those 3 components to calculate the ROI of change management resources!

This calculator is a powerful tool for both change professionals and those dipping their toes in the change management waters for the first time. We know change management ROI can be difficult to determine, so ChangeSync is offering our ROI Calculator free of charge. We hope you love it as much as we do. Feel free to share it with others who can benefit from it.  

Click here to download our ROI Calculator for Change Management. With any new or innovative tool, people are bound to have questions. Reach out to our team - we’re happy to help. Schedule a chat with us here.