Transforming an organization is a difficult and arduous task, no matter how far-reaching vision the leader has. Today, many businesses are focusing only on stability and operational efficiency and this is the reason why they continue to struggle to manage and sustain change. Changing proactively also never happens at will and many organizations’ leaders believe that it takes more than a vision to bring about change throughout the entire organization. To add fuel to the fire, culture also plays an important role in influencing the change management process in any organization. Therefore, to effectively sustain profitability and stay ahead of competitors in the market, it is very important to keep changing how your business functions by keeping the following change management principles in mind.
Best Practices: Change Management Principles
Fix the direction
Changing the strategic direction is one of the most important change management principles for any company. If you are leading the change, it is very important that you check what is working in terms of processes, people, campaigns, or the different departments. Bringing about change is not easy. Therefore, it is very important that you first identify and acknowledge processes that have been working well for your organization in the past before introducing new initiatives. Acknowledging milestones and successes in the past also brings life into your organization and inspires employees to contribute and participate in any way they can.
Prioritize initiatives for change
An initiative is successful only when you prioritize and outline the change in manageable timelines and phases. Prioritizing initiatives for change ensures that the target initiatives are launched at the right time and has the most positive impact on the organization. However, there are some factors that you must consider while implementing a change management process in any organization. For example, not every company would want to change every aspect of their business; therefore, identifying areas of change based on what your organization finds important becomes one of the crucial change management principles that you must follow. This can impact your return on investment, revenue, the cost to implement, profitability, etc.
Set achievable goals
For the change management process to be successful, it is important to set the benchmarks or goals for success. Each measurement is crucial in identifying not only the success but also the progress of your change initiatives. If the pace of progress cannot be measured, then there is no point at all in assimilating the change. This is one of the first change management principles that must be kept in mind while planning to change your business processes. (more…)