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      Snap Chart

      Companies That Handle Change Well Rack Up Better Financial Performance

      Covid-19 is bringing profound changes to the business landscape, and the companies skilled at managing change should come out strongest.

      By David Michels and Kevin Murphy

      Snap Chart

      Companies That Handle Change Well Rack Up Better Financial Performance
      en

      Long before the first case of Covid-19, companies had begun to experience a dramatic increase in the rate of change in both the economy and their own businesses. Companies with a high capacity to handle that change are more likely to both adapt to our current crisis successfully and ride out future waves of uncertainty. Those with high changeability, what we call Change Power, are also more profitable, grow revenue faster and deliver greater shareholder returns than those with lower Change Power, our research has found.

      Change Power Index℠ is a service mark of Bain & Company, Inc.

      Related Snap Chart

      Leaders at Managing Change Rank Highly with Employees

      Companies with high Change Power have a strong culture, leadership and employees who are engaged and inspired.

      Read the Bain Brief

      The Power to Change

      You can build a company that thrives in these times of constant change.

      Authors
      • Headshot of David Michels
        David Michels
        Partner, Tokyo
      • Headshot of Kevin Murphy
        Kevin Murphy
        Partner, Washington, DC
      Contact us
      Related Consulting Services
      • Change Management
      How We Can Help
      • Change Power Index®
      Published in July 2020
      Tags
      • Change Management
      • Change Power Index®

      How We've Helped Clients

      Change Management Mobilization Efforts Help a Chemical Company Implement and Sustain 15% Cost Reduction

      Read case study

      Change Management Results360® Propels an Appliance Maker Into a New Era of Growth

      Read case study

      Change Management Results360® Boosts a Pharmaceutical Company’s Stock Price 135%

      Read case study

      Ready to talk?

      We work with ambitious leaders who want to define the future, not hide from it. Together, we achieve extraordinary outcomes.

      Change Power Index® is a registered trademark of Bain & Company, Inc.

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