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 6 Change Management Tactics that assist organizations in effectively overcoming crises and uncertain conditions:
1. Revisit priorities and assign resources accordingly
2. Manage Behavioral Change
3. Connect with your people
4. Improve your political and people management skills
5. Focus on all stakeholders
6. Promote differing views
This presentation dives into each of these Change Management Tactics, and discusses supplemental tools, including the Grieving Cycle, Employee Energy Expenditure, and Contributions-Inducements Framework.
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.
Got a question about the product? Email us at flevypro@flevy.com. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Change Management, Crisis Management, Stakeholder Management PowerPoint Slides: Change Management in Times of Uncertainty Series: Part 3 PowerPoint (PPTX) Presentation, LearnPPT
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OVERVIEW
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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This document is available as part of the following discounted bundle(s):
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This bundle contains 2 additional documents.
Change Management Stakeholder Management Disruption Communications Strategy
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