This document summarizes a presentation on managing change in organizations. It discusses that developing a change capable organization is now a key competitive advantage. It also outlines what is driving change both externally and internally. The document then contrasts moving from rigid to more responsive organizations by listing characteristics of each. It also lists the key factors that differentiate great organizations, including employee development, culture, collaboration and innovation. Finally, it discusses the benefits of change management, the importance of leadership alignment, and building engagement and commitment through clear communications during the change process.