Wednesday, April 3, 2019

The Monthly “Change Insight” Book Tuning: The Multitude of Change Management Apr. 2019

Change Management is no longer just a few business initiatives, but an ongoing digital capability which enables the strategy implementation. 

Change is inevitable, organizational change has become a common practice within an organization, but too often changes are made as a reaction to outer impulses, crisis, and demands. This is the bureaucracy’s way of meeting the challenges. A digital transformation is achieved via dynamic Strategy-Execution-Change lifecycle management, though it is not all linear steps, but an iterative, ongoing and upgoing change continuum.

The Multitude of Change Management
Three Aspects of Change Management Closer to reality is that 'change' is continuously happening in the environment of a company. It is nevertheless true that the change itself has become unpredictable and evolutionary. From the business management perspective, change cannot be just another thing that needs to be accomplished, it’s the common practice, multidimensional management discipline, and ongoing business competency. Business will be more successful when they realize that one of their greatest strengths will be their changeability. Here are three aspects of Change Management.

Timing, People, and Change Management Change is the new normal, and the speed of change is accelerating. However, the responses to change are woefully underrated by business as keys to sustainability and success. Change Management has a very wide scope and is a relatively new area of expertise. How do you assess an organization that is ready for change? How can you understand the psychology behind changes? How should you measure change readiness and evaluate change outcome? Which questions shall you ask for exploring the correlation between timing, people, and change management, and how to improve Change Management effectiveness to exceed the business’s expectation?

Mastering Changes from Multiple Dimensions The very characteristics of digital transformation are the increasing speed of change and hyperconnectivity. But change is difficult and has a very high failure rate. So, how to capture the signals of change readiness, how to improve change effectiveness, and how to manage and sustain change efforts multidimensionally?

Five Aspects of Change Management Change management is the overarching umbrella that encompasses extensive business planning, empathetic communications, and discovery of concerns/objections/potential points of failure, developing a shared vision, addressing fears and resistance, communicating valid and compelling reasons for cooperation. Change Management is no longer just a few business initiatives, but an ongoing digital capability which enables the strategy implementation. Here are five aspects of Change Management.

Top Three Challenges in Change Management The pace of change is accelerated, enterprise agility –the ability to adapt to the change is becoming a key factor in driving business success and gaining the long-term competitive advantage. But how do you build an organizational change management capability? What are the major challenges on the way?

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