March 3
by Torben Rick
Categories: Change Management
Tags: Business Improvement, Change Management, Strategy, Turnaround.
Sustaining success depends on an organization’s ability to adapt to a changing environment - whether it’s an external change, such as a transformative technology or a changing economy, or an internal one, such as a restructuring or key process overhaul. Unfortunately, 70% of organizational transformations fail. Why? Because to many crucial elements in the change [...]
March 1
by Torben Rick
Categories: Business Improvement
Tags: Business Improvement, Change Management, Performance Management, Strategy, Turnaround.
To right an organization headed for trouble, you need to build a culture that supports strategy implementation. Give employees a reason to care about your customers, their colleagues, and about how to do business right in a world that rewards cutting corners and compromising values. During a turnaround, don’t focus exclusively on distinguishing yourself from [...]
February 2
by Torben Rick
Categories: Change Management
Tags: Business Improvement, Change Management, Restructuring, Strategy, Turnaround.
One of the most baffling and recalcitrant of the problems which business executives face is employee resistance to change. Even if these resisters are few and far between, they can quickly erode momentum and stop change in its tracks. Source: Dilbert How to get people on board:
January 28
by Torben Rick
Categories: Change Management
Tags: Business Improvement, Change Management, Leadership, Performance Management, Turnaround.
All business turnaround situations are different, however, there are one element that always have to be on top of the agenda: Employee buy-in. Any manager who has struggled through a turnaround knows how crucial employee buy-in is; they also know how time-consuming and difficult it can be to secure. Here are three ways to gain [...]