HBX Management Essentials on the Change Equation

Probability (Change) = (Dissatisfaction) x (Model) x (Process) > Cost of Change

The math here is obviously a bit fuzzy, but the formula is a useful way to remember the four “variables” that matter most in managing change:

• D–dissatisfaction with the status quo
• M–a model of the desired future
• P–a process of change
• C–the costs of change, as employees perceive them ⊕ (Fuller and Garvin n.d.)
  
  

Note: I prefer the middle term SV = “Shared Vision for the future”