Wednesday, July 25, 2012

Why Change? ? Looking At The Benefits Of Being An Organisation ...

With the challenges that businesses face today, ?an organisation that recognises the need for change, understands how to approach it ?and embraces all of the elements of change, will be an organisation that has a competitive advantage and the ability to maintain their edge.

A study carried out by IBM in 2009 on ?Making Change Work? suggested that??Eight out of ten CEOs anticipate substantial or very substantial change over the next three years, yet they rate their ability to manage change 22 percent lower than their expected need for it ? a ?change gap? that has nearly tripled since 2006.?

Whatever a business is experiencing, whether it is actively making acquisitions, re-aligning its business focus or simply operating under business as usual conditions within a challenging environment, assessing the need for change and understanding how to approach this within the organisation is essential.

It is impossible to encounter challenges and ignore the need to embrace those challenges by creating an adaptable and flexible environment through change management. This approach will create a cultural pillar within an organisation to adapt and embrace change, and managing change effectively will become an organisational core competency rather than a ?nice to have?.

A business that champions change from within and also operates as a leading Change Agent within its industry will move from just simply surviving as a business to thriving as a business.?Organisations that have a clear and strategic vision for change and communicate that vision regularly, effectively and consistently will create an organisation that has?greater certainty, confidence and engagement with its stakeholders, particularly with employees.?This in turn will lead to employee motivation and retention, which is fundamental to improved performance and business growth.

The need for change to be strategic is vitally important. It is all too easy for organisations to develop a ?fruit-salad? of reactive initiatives and ideas that causes confusion to employees and delivers an inconsistent message about the direction the organisation is moving.

A key factor in successful ?change within an organisation, is to view change as a constant opportunity to improve and transform the business. ?Often, change is looked at as a one time event that needs to be managed in isolation. This approach does not enable the business to create competitive advantage, manage risk or improve performance.

CBO Projects are Change Management experts with vast experience of delivering business transformation successfully.

If you would like to understand how we can help your business identify and navigate through a change management process, from recognising and planning the need for change, to mapping the path to deliver change within a controlled enviroment then we would love to speak to you.

Please contact us:

Email:
Philip.Smith@cboprojects.com
Sue.Guilliard@cboprojects.com

Telephone:
Philip Smith: 07781 128208
Sue Guilliard: 07911 717755

Source: http://cboprojects.com/2012/07/why-change-looking-at-the-benefits-of-being-an-organisation-that-understands-embraces-change/

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