Focused Initiatives for Effective Change Management PPT

This PPT slide, part of the 43-slide World Class Planning & Performance Management PowerPoint presentation, outlines a structured approach to implementing a program of change within an organization, emphasizing the need for a focused set of initiatives. Central to this approach is the importance of top management sponsorship, which is crucial for driving the change process. The slide suggests defining a clear action plan that includes specific accountabilities, ensuring that everyone involved understands their roles and responsibilities.

The phrase "Fix the basics first" indicates a foundational strategy where initial efforts should concentrate on addressing core issues before moving on to more complex challenges. This is complemented by the recommendation to create momentum through a few highly visible actions. Such actions are intended to generate enthusiasm and buy-in from stakeholders, making the change process more palpable.

The slide also highlights the necessity of continuous communication regarding the project's progress. Keeping the lines of communication open helps maintain engagement and ensures that all parties are aligned with the objectives. Involving management upfront is suggested to foster ongoing dialogue with the finance function, which can enhance collaboration and support for the initiatives.

The right side of the slide lists first-priority initiatives that focus on key issues. These include organizing a global finance conference to kick off changes, ensuring that the basics are right in critical areas, and emphasizing training, recruiting, and management development. The final point stresses the need to build sophisticated performance and business risk management capabilities, indicating a long-term vision for organizational resilience and adaptability.

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