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Tag Archives | transformation

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Strategic Cost Reduction Primer: A Systematic Approach to Transforming Costs

Cost Optimization Programs are hard to manage, sustain, and often tend to fall short of delivering the promised value.  The failure could be attributed to many reasons—including lack of clearly delineated objectives, failure to account for the operational difficulties, internal resistance to change, trying to cut corners from everywhere, not paying attention to planning optimal […]

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Lewin 3-Step Change Model: A Simple Yet Effective Framework to Manage Change

The rapidly evolving world necessitates organizations to change quickly to keep pace.  Organizations that are able to manage change well flourish, whereas those that don’t risk disruption or closure.  Change management varies greatly based on the nature of business and the people involved.  It also depends on how well people understand the change process. Various […]

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What Are the Requisite Leadership Competencies (and Leadership Potentials) of an Effective Leader?

The use of behavioral competencies in appraising the skills and potential of leaders is a norm in organizations large and small.  The competency models are omnipresent owing to several reasons—a shared vocabulary to convey the expectations from people, a basis for Performance Management planning, and a means to express the parameters for career advancement.  However, […]

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Change Management: A Glimpse into the “Influence Model”

Business Transformation initiatives are complex undertakings that aren’t easy to manage.  In fact, data suggests most transformation efforts globally to have ended up in failure. That’s predominantly because organizations find it challenging to make their people accept change.  Most of the large-scale change initiatives are typically executed without focusing much on the human element—bolstering the people’s […]

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Do or Die: The Realities of Change

In business, there are really only two choices: do something or do nothing. One choice leads to growth and sustainability and the other, well, allows more room in the marketplace since there is one less player in the game. Every organization eventually faces the truth, change is the only constant. If an organization fails to […]

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