change management (18)

12367249252?profile=RESIZE_710x 

Service or service delivery is seldom the primary concern of manufacturers; their attention is generally limited to the ultimate product.

Digitization and the Internet of Things (IoT) are instigating a fundamental transformation in the operational practices of manufacturers, transcending industries and geographical boundaries.  To differentiate themselves in their respective industries, manufacturers around the world are integrating technological features into their products.

In the realm of manu

Read more…

Future Work Strategy

Many businesses are preparing for the Future of Work in silos led by strategic thinkers. This unstructured and fragmented approach to the Future of Work risks conflicting business unit priorities, redundant processes and initiatives, and organizational misalignment.  Risks can be costly.

A Future of Work Strategy can boost employee engagement, innovation, and competitiveness. HR leaders must build a coordinated strategy to compete in a disruptive and uncertain world as more fi

Read more…

11600517293?profile=RESIZE_710x

Control and direction emanate from the top of conventional organizational structures and management practices.  These structures and procedures become obsolete and unable to adapt to the volatility of the market. Inadequate and sporadic communication between the various divisions of the organization is another problem with this traditional hierarchy.

Innovation and the external environment have an ever-increasing impact on businesses. Stafford Beer, a British operations research theorist and cybe

Read more…

11035516278?profile=RESIZE_710x

Businesses must continue to adapt and innovate if they are to thrive in the face of disruption and intense competition.

Change is essential to the growth and profitability of an organization, but it is frequently resisted by individuals and groups within the organization, making its implementation challenging.

Change Management is the process of assisting and preparing individuals, teams, and organizations as they modify their operations, processes, and structures.

Change Management requires addres

Read more…

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…

Behavioral Change: Key Forces at Play

11002394301?profile=RESIZE_710x

There is a common structure or pattern to problematic circumstances.  Most problems consist of three primary components:

  • The Problem State
  • The Solution State
  • The Solution Path

The Problem State refers to "what is," the Solved State refers to "what should be," and the Solution Path refers to the Transformation necessary to close the gap between the two states.  The Solution Path is a way of shifting from the Problem State to the Solution State through particular activities when faced with a problem.

C

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…

Managing Change in Crisis and Uncertainties

10950591680?profile=RESIZE_710xIn prosperous economic times, organizations enjoy a cordial and relaxed environment. The confidence range for error tolerance is rather big. There is no imminent need to change corporate procedures or business models due to external factors. Prior to making decisions, people like to take the time to carefully study and examine significant facts and situations.

Good times are characterized by:

  • A proactive and logically tranquil setting.
  • Executives of all ranks considering the larger picture. Both sh
Read more…

Assessing Digital Maturity

 Editor's Note:  If you are interested in becoming an expert on Digital Transformation, take a look at Flevy's Digital Transformation 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.

10649054096?profile=RESIZE_400x 

Digital Transformation is now essential for the survival of all organizati

Read more…

Achieving Digital Maturity

Editor's Note:  If you are interested in becoming an expert on Digital Transformation, take a look at Flevy's Digital Transformation 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.  10648288055?profile=RESIZE_400x

Go digital or go home. In order to thrive in the Digital Age, companies mus

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…

Small, Agile Teams: 10 Best Practices

9680630868?profile=RESIZE_400xProfitability is at the core of successful businesses.  Many markets do not allow as much top-line revenue increase as the companies would like.  Therefore, organizations have to focus on improving the bottom-line.

Boosting the bottom-line entails raising Productivity.  Productivity enhancement can be achieved by eliminating redundancies and improving processes that change the company.  Process Improvement also means less people needed to accomplish the same tasks.

Change projects—as is the case w

Read more…

Key Pillars of Digital Manufacturing Execution

9575523281?profile=RESIZE_400xDigital Transformation in Manufacturing, or Digital Manufacturing for short, is a matter of survival now for manufacturing concerns.  Manufacturing companies desirous of survival have no choice but to hop on the Digital Transformation bandwagon, rapidly.

Business Transformation of any kind is not an easy endeavor.  Change Management of Digital Manufacturing is typically more difficult than any Change or Transformation Program that an organization may undertake.

Forming a strategy to leverage digit

Read more…

9564571461?profile=RESIZE_400xDigital Transformation in Manufacturing or “Digital Manufacturing” for short is not an optional decision for companies anymore.  Manufacturing concerns that want to survive have to jump on the Digital Transformation bandwagon hastily.  Digital Manufacturing has become a prerequisite for a profitable existence even for mere survival of a manufacturing concern.

Business Transformation of any kind is difficult—more so when it is a Digital Transformation in Manufacturing.  In fact, Change Management 

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…

DT2Accelerated pace of technological disruption has forced organizations to change.  It has triggered leaders to think of the ways they must adopt to survive in these challenging times.

Organizations are confronting this scenario by embracing digital technologies.  Traditionally, the focus of the organizations in these Transformation initiatives has remained on speed of change.  To get the most out of their initiatives, they are making drastic changes, to include:

  • Creating Agile Teams
  • Introducing Mobi
Read more…

4 Processes of Sustainable Change

change2Initiatives aimed at improving performance are often launched with great uproar, costing an organization significant investments.  Such initiatives necessitate extensive changes in the Organizational Culture and the way the enterprise systems and processes function.

However, most initiatives fall short of realizing success.  Decades of scholarly research on Change Management reveals that the issues that contribute the most to the failure of strategic initiatives are:

  • Incompetence in sustaining pro
Read more…

Change management is a term that refers to a structured approach to implementing a change strategy within an organisation. The organisation not only outlines the steps required for change, but it also supports and assists employees in adapting to it. Furthermore, it establishes methods for monitoring the change to determine whether or not it was successfully implemented.

Making organizational-wide changes is a difficult task. It is a involving process that necessitates many individual components

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