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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.
This PPT also emphasizes the importance of understanding the interconnected dimensions of performance—financial, operational, and behavioral. It includes practical tools like the Return on Equity (ROE) Model and the Enterprise Level Model to help visualize organizational structure and align processes. Executives will find actionable insights on using a mix of change strategies tailored to different scenarios, ensuring that all critical elements are streamlined. This resource is designed to equip leaders with the knowledge to navigate and thrive amidst uncertainty.
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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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OVERVIEW
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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 all the documents to the right.
Change Management Disruption Stakeholder Management Change Readiness BCG Growth-Share Matrix Budgeting & Forecasting Scenario Planning Innovation Management PMI Service Management SWOT Consulting Frameworks ITSM ITIL Soft Skills M&A (Mergers & Acquisitions) Business Transformation
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