BUY WITH CONFIDENCE
DESCRIPTION
Due to disruptive market changes like globalization and digitization of industries, Business Transformations have both increased in frequency and changed in nature. Transformation also becoming more frequent due to the fast-changing nature of consumer needs.
Transformations used to be organization-wide initiatives that took place every 3-5 years. Now, organizations often run multiple Transformation initiatives concurrently, with interdependencies among the initiatives.
This added complexity requires a significant amount of coordination among employees, managers, and other stakeholders (e.g. employee representatives). In particular, 5 common Business Transformation Personnel Risks arise:
1. Unrealized Personnel Cost Savings
2. High Restructuring Costs
3. Loss of Key Employees
4. Inefficient HR Implementation
5. Damaged Employee Relations
To ensure a successful Transformation, it is imperative to understand and address these 5 personnel risks, as HR powers the Transformation Program.
Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Business Transformation PowerPoint Slides: Business Transformation: Personnel Risks PowerPoint (PPT) Presentation, PPTLab
OVERVIEW
ABOUT THE AUTHOR
Business Transformation CEO Customer Experience Agile Digital Transformation Bitcoin Purpose Knowledge Management Restructuring Change Management KPI Mobile Strategy Cyber Security Specialized PowerPoint Templates Blockchain Activity Based Costing Innovation Management Management Accounting Costing Gap Analysis Consulting Training Strategy Frameworks Consulting Frameworks Core Competencies Competitive Advantage Vision Statement Growth Strategy Ideation Creativity Service Design Lean Management/Enterprise
Download our FREE Strategy & Transformation Framework Templates
Download our free compilation of 50+ Strategy & Transformation slides and templates. Frameworks include McKinsey 7-S, Balanced Scorecard, Disruptive Innovation, BCG Curve, and many more. |