Business Transformation initiatives are typically undertaken to solve a pressing issue, bring about improved performance, or to serve customers better. A critical element of the success of such initiatives entails transforming the existing behaviors of the employees across the organization. However, this isn’t a straightforward task. Attitudes and practices get reinforced in people by following […]
Tag Archives | change
10 Principles of Organizational Design
Research by PwC indicates that leading companies are in a near perpetual state of Reorganization. This upsurge in Organizational Design initiatives is owing to the accelerating pace of strategic change caused by disruption of industries, changing competitor landscape, customer behaviors, and distribution channels. Companies opt to commence efforts to restructure their organization in the hopes […]
Exceptional Leadership
Evaluation and onboarding of outstanding leaders is anything but straightforward. Almost all organizations have set up testing mechanisms or assessment centers to distinguish senior leadership candidates having traits that make up for Exceptional Leaders. These assessment centers shortlist leaders based on certain indicators and criteria. However, these assessments are not always accurate in predicting the […]
Flywheel Strategy
Strategy Development has followed a set path since the last century where a predetermined, rectilinear, and inflexible approach defined the process. In the 21st century, however, business leaders are devising Strategy by evolving it into a probabilistic, repeated, and multifaceted process. An approach that can both endure and adapt to the growing pace of Change […]
Conditions for Sustainable Change
With most Transformation initiatives people gradually revert back to their old habits of doing things. Sustainable Change Management necessitates 4 key processes: Chartering—defining the scope, rationale, and team for the change initiative. Learning—testing and refining ideas before a full-blown execution of the initiative. Mobilizing—using symbols and metaphors to engage people and gain their buy-in for […]
Is Your Organization Ready to Respond to VUCA (Volatile, Uncertain, Complex, Ambiguous) Threats?
VUCA relates to threats that people and enterprises often encounter. The acronym reflects the constant, dramatically-transforming, and unpredictable world. The concept originated in 1987, based on the theories of Warren Bennis and Burt Nanus. The term was first used by U.S. Army War College to describe the volatile, uncertain, complex, and ambiguous general conditions globally. […]
To Take Advantage of Artificial Intelligence, We Need an AI Enabled Workforce
Artificial Intelligence (AI) enabled organizations are an emerging reality. Transformation towards an AI-enabled organization requires the management to adopt “Change Management” and also adapt their Organizational Leadership styles in accordance with it in order to bring out the best results from the new systems and the talent that develops with it. However, putting an effective […]
First Law of Digital Transformation: 3 Core Elements to Manage Digital Change
Gordon Moore, Intel co-founder, observed that the number of transistors in a dense integrated circuit doubles about every two years. He projected that this rate of growth would continue for at least another decade. His observation, termed the “Moore’s Law,” has correctly predicted the pace of innovation for several decades and guided strategic planning and […]
Make Change That Lasts
Change is the only constant. – Heraclictus, Greek Philosopher Change is the only constant in the work environment Whether you are shifting office to another location, adopting a new practice or process, implementing an IT system, or re-engineering the business processes for an organization, change happens to everyone all the time. However, many change initiatives have been short-lived as […]
