Change management (sometimes abbreviated as CM) is a collective term for all approaches to prepare, support, and help individuals, teams, and organizations in making organizational change. It includes methods that redirect or redefine the use of resources, business process, budget allocations, or other modes of operation that significantly change a company or organization.
ByHBR.org
While it’s no new revelation that corporate transformations still have a miserable success rate, even though scholars and consultants have significantly improved our understanding of how they work… HBR dives deeper into this problem and starts with reaffirming the fact, by revealing the latest study findings, which consistently report that about three-quarters of change efforts flop – either…
The Problem As Covey said: “Begin with the end in mind” Why should this principle be applicable to the subject of sustainability when performing improvement projects under the Operational Excellence banner? What we see in deploying many projects across a variety of organisations is a lot of enthusiasm and energy for change at the start…
Welcome to Episode 22 of The Outliers Inn – Business Diet Fad Topic: Our guest this week is Gem Holmes, no longer a hidden “Gem” but a public speaker and organisational change leader, who shares a love of Primitivo with JP and a change leader in Northgate plc. A natural born leader with a drive to deliver ‘excellence’. …
McKinsey & Co argue that assessing a company’s vulnerability to risk makes otherwise theoretical discussions of strategy more real. They contend that nonfinancial companies, too, would benefit from a more aggressive look at the risks they face. This article contains the findings of their recently tested ‘qualitative thinking’ in interviews with the CFOs, company secretaries,…
It’s taken a long time—but the time has finally come. The release of my book, “State of Readiness”, has arrived. My project officially started almost two and a half years ago. That was the day I formally sat down and decided to write a book. But it’s beginning can be traced to an article I…
McKinsey & Company reports on an analysis of high-stakes transformations which reveals a few pragmatic lessons that increase the odds of meeting the organization’s objectives. As a fact, keeping hundreds or thousands of initiatives on track is a monumental task, one that too few organizations around the world do well. And given the statistics that…
