Managing Change Part 2
What goes unmeasured goes unmanaged Today I am recommending David Michels’s article from Bain & Company, titled “Measuring Your Organizations Ability to Change” If the Covid Pandemic has taught us anything, it has taught us that the ability to drive change is critical. Mr. Michels states that companies that are good at managing change grow revenues up to three times faster than companies with lesser ability. Based on research the article identifies three skill sets and nine factors which, if they exist in an organization will enable it to manage and implement change. Lead Change Purpose: Although it is not stated in the article, but it is implied, explaining why change is needed and the expected benefits aligns employees with the company goals. Companies tend not to be good at this, so make sure you take the time to fully explain why you are making these changes. Direction: A clear road map on how you intend to get to the end goal. Connection: To ensure that employees are committed to the goal keep them informed. …