Business “Wind Down” refers to the process of deliberately and systematically closing or reducing the operations of an organization. A business Wind Down can be due to various reasons—bankruptcy, strategic realignment, mergers and acquisitions, or retirement of the owner. Its importance lies in mitigating negative impacts, fulfilling legal obligations, and upholding customer relationships and company […]
Tag Archives | stakeholder management
Wind Down Planning
5S Keys to Successful Change
In the wake of disruption and intense competition, businesses need to keep changing and innovating in order to survive and thrive. Although change is integral to the growth and profitability of an organization, it is often resisted by individuals and groups within the organization, making it a challenging undertaking. Change Management refers to the process […]
Stakeholder Scorecard
Stakeholders are integral to the operations and growth of an organization. Stakeholders are all those individuals or organizations that are impacted by the events and activities taking place at a business. Stakeholders ensure that everything that’s undertaken or created by the organization is flawless. In return, the enterprise strives to make the stakeholders content. The […]
The Highway of Change and a Practical Framework Approach to Change
Since Monday, 9th January 2015, my free Flevy download Practical Framework Approach to Change has been downloaded over 500 times. The document contains just a “snapshot” of my approach, rather than going into any explicit details about the tools and techniques related to each of the framework components. The level of interest shown has spurred me into writing […]
SAP and Change Management
As a “seasoned” Change Manager, I have been involved in many diverse projects focusing on managing the business aspect of technology implementations; e.g. ERP (SAP, Oracle, Microsoft Dynamics), Core Banking Systems, Business Intelligence, Case Working and Knowledge Management solutions, and the like. To this day, I continue to be asked why is there a need […]
Measuring Business Readiness & Adoption
What is Business Readiness and Adoption? Would you talk to someone who isn’t paying attention? Would you make a movie if you didn’t know who would watch it? So why do projects often deliver to a Business that isn’t ready to receive or adopt! Business Readiness and Adoption is a measure of preparation. A business that is […]
Human Resources and Change Management
There are currently many debates on Social Networking sites (specifically on LinkedIn) about the integration of Project Management (PM) and Change Management (CM) and whether the two can actually be successfully carried out by one person. I have a personal view about the integration of PM and CM, which was the subject of a previous […]