How Executives can Implement Change
Faster than their Competitor
“It’s not the big that will eat the small... it’s the fast that will eat the slow.”
Change is unsettling for everyone. The fear of disruption causes resistance from employees taken out of their comfort zones. McKinsey research shows that 70% of change management programs fail. So, how can you change the threat of change into an opportunity for the success?
You need to ensure the buy-in of all staff, starting with a strong executive sponsorship. Executives need to lead their teams and ensure belief of the change is strong. There must be clear communication throughout the change, so everyone always knows what is happening and how things are progressing. Make small changes and build on these, celebrating all the successes as they occur to keep motivation strong and prevent too much change at once which is overwhelming.
The global marketplace is churning with disruptive practices and every company needs to change to keep up. There is no longer the luxury of bedding in one change before another starts in companies and this continuous change cycle means companies need to be experts in change. Building the right culture in your workplace helps you manage a turbulent future.
“Change is inevitable. Growth is optional.”
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