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AFERM Experts Say...
The greatest challenge to most organizations is overcoming cultural inertia, or reactions to cultural change. Organizations don’t change quickly or easily, and the practices prescribed by OMB A-123 introduce fundamental changes to organizations’ processes for decision-making and setting strategic objectives. Cultural change is often difficult, regardless of the need or reasons. Success takes time, leadership and management commitment and buy-in at all levels, clear and relevant objectives, and continuous and consistent communication.
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