Change Leadership Archives – Page 5 of 12

As discussed in Secrets to Business Transformation Success, successful projects are characterized by six things: a well-defined governance structure, strong sense of urgency, active sponsorship from leaders, engagement across all organizational levels, alignment with the organization’s existing systems and structures, and strategies for sustaining changes over the long term. Of these six characteristics, sponsorship is one of the most fundamental factors and the one that correlates […]

“Business “transformation” is a hot topic — search the term on Google and you’ll return more than a million results. In a recent survey conducted by Forbes Insights/KPMG, 93% of the more than 900 respondents said that they have just completed, are planning or are in the midst of a business transformation. But what is business transformation, what distinguishes it from a […]

Everyone has heard the statistic. Two-thirds of all change initiatives fail to achieve their expected business benefits – a statistic that has stayed constant from the 1970s to the present. This failure rate represents billions of dollars in lost productivity, wasted resources, opportunity costs and rework—not to mention the negative impact on organizational morale and […]

Just as with any business decision that affects the bottom line, there are various reasons that a company will decide to employ a change management strategy. Every business, no matter the size or industry, faces both internal and external pressures that influence short-term and long-term strategies. External pressures may include shifting economic conditions, governmental or […]

Management history is easily forgotten. All it takes is a generation or two to go by and some hard economic times. Then, when problems occur, solutions are sought. The belief is that the old ideas no longer apply, and that new ones must be found. What’s particularly surprising is just how often new ideas turn […]

Companies have been served a wake up call in light of the recession and ongoing economic uncertainty. They are being driven to become more efficient while at the same time improving levels of quality and service. As a result, the shared services model is becoming an increasingly popular organizational structure to help achieve business objectives. […]

Whenever volatility occurs in the market, companies start thinking about how to reorganize themselves so that they can cope with those changes effectively. But since they’re trapped by traditional thinking, they tend to recycle old models rather than to create new ones. One such model is matrix; and like so many that have gone before […]

[Excerpt from Forbes.com] John Kotter is often asked about the difference between “change management” and “change leadership,” and whether it’s just a matter of semantics. These terms are not interchangeable. The distinction between the two is actually quite significant. Change management, which is the term most everyone uses, refers to a set of basic tools […]

Category: Change Leadership

Cultivating Strong Project Sponsorship

Secrets to Business Transformation Success

Blueprint for Building an Internal Change Management Capability

Five Effective Strategies to Tackle Change

What’s New About Participative Decision-Making?

Implementing Shared Services: Five Considerations

Matrix Organization: At Best, a One-Off

Change Management vs. Change Leadership: What’s the Difference?

Assessing Change Readiness: How to Prepare Your Organization for Transformation

Restructuring Done Right: How to Maintain Productivity and Engagement Post-Downsizing

The Hidden Costs of Downsizing: What Companies Often Miss