change (25)

Editor's Note:  If you are interested in becoming an expert on Change Management, take a look at Flevy's Change Management Frameworks offering here.  This is a curated collection of best practice frameworks based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts.  By learning and applying these concepts, you can stay ahead of the curve.  Full details here.

11019886685?profile=RESIZE_710xIn its lifespan, every organization must confront radical Change.  In this Digital Age

Read more…

10 Rules for Cost Reduction

10953726100?profile=RESIZE_710xCost Transformation is a challenge that a firm must confront several times during its lifetime.  Effective and lasting Cost Transformation affords organizations the chance to alter their whole direction.  It may result in the sale of existing enterprises, even if they are successful, in the event that they do not align with the Strategy or the company's most distinctive capabilities.

Of late, Activist Shareholders are increasingly driving such Transformations.

Activist shareholders are investors i

Read more…

Managing Change—4 Effective Strategies

Editor's Note: If you are interested in becoming an expert on Change Management, take a look at Flevy's Change Management Frameworks offering here.  This is a curated collection of best practice frameworks based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts.  By learning and applying these concepts, you can stay ahead of the curve.  Full details here.

10974472698?profile=RESIZE_710xNearly every establishment must undergo dramatic transformation at some point in its exi

Read more…

3 Pillars of Teal Management

Editor's Note: If you are interested in becoming an expert on Organizational Design (OD), take a look at Flevy's Organizational Design (OD) Frameworks offering here.  This is a curated collection of best practice frameworks based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts.  By learning and applying these concepts, you can stay ahead of the curve.  Full details here.

10912455868?profile=RESIZE_710xOrganizational Development has evolved together with human society deve

Read more…

10842028469?profile=RESIZE_710x 

In the current era, which is driven by Technology and Innovation, companies can only thrive if they are quick, flexible, and capable of learning and adapting quickly.

Establishing approaches that offer flexibility and agility to a team or organization is essential for businesses to succeed in the current business climate.

Organizations are now aware of this and have included Agile methodology into their Operations in order to respond swiftly to environments that undergo rapid change.  The followi

Read more…

Editor's Note:  If you are interested in becoming an expert on Performance Management, take a look at Flevy's Performance Management Frameworks offering here.  This is a curated collection of best practice frameworks based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts.  By learning and applying these concepts, you can stay ahead of the curve.  Full details here. 

10841990287?profile=RESIZE_710xA robust, positive Organizational Culture promotes employee satisfaction with

Read more…

Neuroscience of Change: 6 Core Principles

neuroscience change 2Business Transformation initiatives are typically undertaken to solve a pressing issue, bring about improved performance, or to serve customers better.  A critical element of the success of such initiatives entails transforming the existing behaviors of the employees across the organization.  However, this isn’t a straightforward task.

Attitudes and practices get reinforced in people by following established routines day in and day out.  Such practices become a part of an Organizational Culture o

Read more…

OrgD2Research by PwC indicates that leading companies are in a near perpetual state of Reorganization.  This upsurge in Organizational Design initiatives is owing to the accelerating pace of strategic change caused by disruption of industries, changing competitor landscape, customer behaviors, and distribution channels.

Companies opt to commence efforts to restructure their organization in the hopes of enhancing efficiency, perpetuating growth, and surviving in future.  Some shift their Business Model

Read more…

3-Phase Flywheel Strategy Approach

9662216489?profile=RESIZE_400xStrategy Development has followed a set path since the last century where a predetermined, rectilinear, and inflexible approach defined the process.

In the 21st century, however, business leaders are devising Strategy by evolving it into a probabilistic, repeated, and multifaceted process.  An approach that can both endure and adapt to the growing pace of Change and Disruption that is manifesting itself in all industries.

Using gaming, AI, unremitting execution, and adjustment, with numerous scena

Read more…

3 Conditions for Sustainable Change

9534054496?profile=RESIZE_400xWith most Transformation initiatives people gradually revert back to their old habits of doing things.  Sustainable Change Management necessitates 4 key processes:

  • Chartering—defining the scope, rationale, and team for the change initiative.
  • Learning—testing and refining ideas before a full-blown execution of the initiative.
  • Mobilizing—using symbols and metaphors to engage people and gain their buy-in for the change program.
  • Realigning—redefining the roles and responsibilities and managing performan
Read more…

8028337099?profile=originalIn the wake of global pandemics when meeting face to face is not possible, it’s about facilitating workshops digitally, designing a formal agenda, and utilizing digital tools to ensure a productive virtual meeting.  Digital Collaboration Platforms have been pivotal in the current scenario.

As a matter of fact, Digital Collaboration platforms have become a new norm and have forever transformed business work environment.  Digital Facilitation tools are extensively used by facilitators, Change Manag

Read more…

8028318865?profile=original

Business environment has transformed drastically from what it was a century ago.  It has become immensely challenging due to competition, disruptive technologies, laws, and globalization.  These challenges warrant better performance to address customer needs and to survive—and outpace—intense competition.  Consequently, organizations have become complex.

The work that individuals perform in an organization has also shifted from manual labor and clerical jobs to knowledge-based experiential tasks.

Read more…

Organizations are continually searching for innovative ways of enhancing competitiveness. This is brought about by evolving external pic1-Burke-Litwin-Change-Model-300x200.jpeg?profile=RESIZE_710xfactors such as changing demographics, globalization, and technology. Because of changing dynamics, it has required managers to rapidly rethink and retool their organizational management strategies.

Coming up with the appropriate strategies calls for an increasing need for organizational diagnosis in developing and maintaining a competitive advantage. Researchers be

Read more…

“The only thing that is constant is Change.” - Heraclituspic1-Leavitts-Diamond-300x194.jpeg?profile=RESIZE_710x

An epidemic of change is happening globally--reengineering, restructuring, and revamping! Workplaces seem to be launching one change initiative after another.  Digital Transformation is happening everywhere. Yet, the hard truth is that many change initiatives fail.

Change Management initiatives fail because of the way organizations view change. Often, change is seen as an isolated process. Organizations tend to focus on only one part of the

Read more…

8028315852?profile=original

Gordon Moore, Intel co-founder, observed that the number of transistors in a dense integrated circuit doubles about every two years.  He projected that this rate of growth would continue for at least another decade.

His observation, termed the “Moore’s Law,” has correctly predicted the pace of innovation for several decades and guided strategic planning and research and development in the semiconductor industry.  Moore’s law is based on observation and projection of historical trends.

In 2015, Gor

Read more…

0?e=1569456000&v=beta&t=aUTuhVkxSscQiJoL3p6i8uPKCX1-kxi3sHmpCKAkB2k

Changing the behaviors of people is the foremost issue with every transformation initiative.

Nudge theory is a novel Change Management model that underscores the importance of understanding the way people think, act, and decide. The model assists in encouraging human imagination and decision making, and transforming negative behaviors and influences on people. The approach helps understand and change human behavior, by analyzing, improving, designing, and offering free choices for people, so that

Read more…

0?e=1568851200&v=beta&t=PiSkZGIqqo9FrhWHj62U4SSH5WfNUQhDhpjTZrKfGpU

Transforming a product-driven firm to a customer-driven enterprise is inevitable in order to stay ahead in today’s extremely competitive markets. The days of mass marketing, mass media communications, and little-to-none direct interface with customers are long gone. The emphasis, now, should be on maximizing customer relationships and becoming customer-driven organizations rather than merely selling products. The technological advancements of this age offer potent tools for organizations to util

Read more…

Voice assistant application market organizes the website which is designed for sales and marketing support, instant responding to customer inquiries, precise navigation, customer ideas, and centralized knowledge management. Voice assistant application develops online communication, permits confined interaction with unprompted response times, working on customer retention, and understanding people’s normal language with any kind of voice recognition. Majorly, the vital luxury acts as an assistant

Read more…

8028295685?profile=originalIn a recent poll, LogicManager found that among 78 senior executives, 70% believed their organization’s goals would be impacted by a recession and yet nearly sixty percent either did not have a plan or were unsure if a change management plan was in place to prepare.

Adequately preparing for change happening within and outside of a company is not a new goal. Yet many companies struggle with achieving it. So here’s something new: by incorporating change management into your enterprise risk manageme

Read more…

IMPACT 2018: Becoming a Risk Management Hero

On Nov. 29, the LogicManager community arrived at Hotel Commonwealth in the historic Fenway district of Boston for sold-out IMPACT 2018. Every year, LogicManager hosts a customer conference where users of the ERM software can learn, share, and grow their risk management program to full maturity.

    

Upon walking into the conference space, you could feel the partnership LogicManager strives to create between customer and employee. As a SaaS provider, most of our work is virtual. But at IMPACT, it

Read more…

    About Us

    The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.

    Business Partners

    For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!

lead