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DESCRIPTION
Change Management refers to the process of preparing and supporting individuals, teams, and organizations in making Changes to their operations, processes, and structures.
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 dictates dealing with and overcoming key challenges pertaining to employee resistance, lack of stakeholder buy-in, inadequate planning, resource scarcity, ineffective communication, and cultural dissimilarities.
This presentation deliberates on 5 keys—referred to as the 5S Keys (as all of them start with the letter "S")—that are integral for overcoming any difficulties in executing Change initiatives and effectively managing Change.
1. Sponsor – A Change Sponsor is the one who owns the Change initiative.
2. Strategy – Change Strategy plays a crucial role in a Change initiative as it helps to ensure that the Change effort is implemented successfully and achieves its desired outcomes. In this PowerPoint presentation, we also discuss the 4 Strategies of Change framework.
3. Straw Boss – The term "Straw Boss" in the context of Change Management refers to an informal leader or influencer who may not hold a leadership position within the organization but has significant influence over their colleagues.
4. System Map – It is difficult to directly Change or manipulate something, such as profit, ROI, error rates, or retention rates. The main use of a System Map is to help structure a system and communicate the result to others
5. Stakeholders – Identification, involvement, and management of key stakeholders facilitates in the success of a Change initiative.
Each of these keys to success is discussed in depth in this presentation. These keys are immensely helpful to Change Management practitioners in dealing with the challenges and oppositions associated with Change initiatives.
This PowerPoint presentation on 5S Keys to Successful Change also includes some slide templates for you to use in your own business presentations.
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Source: Best Practices in Change Management, Stakeholder Management PowerPoint Slides: 5S Keys to Successful Change PowerPoint (PPTX) Presentation, LearnPPT
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ABOUT THE AUTHOR
Additional documents from author: 83
We are a team of management consultants trained by top tier global consulting firms (including McKinsey, BCG, Deloitte, EY, Capgemini) with a collective experience of several decades. We specialize in business frameworks based on real-life consulting engagements.
We have served 100s of clients clients that range from Fortune 500 companies to startups to $1B+ private companies.
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