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DESCRIPTION
Seventy percent of change programs fail, according to the April 2001 Harvard Business Review article, "Cracking the Code of Change". According to Bain & Company, businesses that implement fast, focused, and simultaneous change programs can create enormous and long-lasting shareholder value.
The purpose of this Change Management Strategy framework is to provide a standard methodology and framework for Change Management projects following a transaction. The Change Management Strategy can be used as a guide for HR Business Partners and Transaction Advisors dealing with acquisitions, disposals, divestitures, and the like, on how to complete a Change Management project. It will help to drive a consistent approach to manage organizational change.
LEARNING OBJECTIVES
1. Acquire knowledge on the basic concepts of change management.
2. Define the change management process and explore the model and tools for managing the change.
3. Identify the phases and best practices of change management within the context of a transaction.
CONTENTS:
1. Overview of the Change Management Strategy
2. Proposed Change Management Model
3. Proposed Change Management Process
3.1. Phase 1 – Preparing for the change
3.2. Phase 2 – Managing the change
3.3. Phase 3 – Monitoring and reinforcing the change
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Source: Best Practices in Change Management, M&A (Mergers & Acquisitions) PowerPoint Slides: Change Management Strategy PowerPoint (PPTX) Presentation, Corporate Finance 101
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Corporate Finance 101 consists of consultants who have experience helping professionals across disciplines, including strategy consultancies and transaction advisory houses, to aid the quality of the thinking behind their output.
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Change Management M&A (Mergers & Acquisitions) Consulting Frameworks Organizational Design Corporate Culture Soft Skills Target Operating Model Business Transformation Due Diligence
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