BUY WITH CONFIDENCE
DESCRIPTION
During good times, organizations enjoy lenient and thriving economic conditions. The confidence interval for tolerance of errors is relatively high.
On the other hand, during times of uncertainty and crisis, the finance unit is pressed for cash, investment outlook is gloomy, and cost cutting becomes a norm. During these times, the confidence interval for tolerance of errors is low or nonexistent in most organizations.
Managing Change during these times isn't easy. These hard times typically involve haphazard planning, miscalculated actions, costly mistakes, failures, and even bankruptcies and closures. This presentation outlines 7 Change Management Tactics that assist organizations in effectively overcoming crises and uncertain conditions:
1. Model the structure of your organization and envisage required changes
2. Comprehend all the dimensions of Performance
3. Utilize a combination of Change Management Strategies
4. Keep people informed and listen to their ideas
5. Research what works and connect with others
6. Gather support from your people
7. Don't start off with attrition
This presentation dives into each of these Change Management Tactics, and discusses supplemental tools, including the Return on Equity (ROE) Model and Enterprise Level Model.
This presentation is part of a 3-part series, which, in aggregate, discusses 19 Change Management Tactics for times of crisis and uncertainty.
Leaders nowadays have various strategies at their disposal to manage change—it is up to them how they use them in different circumstances.
This PowerPoint presentation on Change Management in times of uncertainty also includes some slide templates for you to use in your own business presentations.
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Source: Best Practices in Change Management, Crisis Management PowerPoint Slides: Change Management in Times of Uncertainty Series: Part 2 PowerPoint (PPTX) Presentation, LearnPPT Consulting
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ABOUT THE AUTHOR
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 that range from Fortune 500 companies to tech startups to $1B+ private companies.
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Change Management in Times of Uncertainty - Full Series
This bundle contains 3 total documents. See the additional documents to the right.
Change Management Disruption Stakeholder Management Business Transformation M&A (Mergers & Acquisitions) Change Readiness Scenario Planning Budgeting & Forecasting Digital Transformation Artificial Intelligence Communications Strategy Business Framework PowerPoint Diagrams ISO 20000 ITIL ITSM Service Management
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