How Leaders and Employees Can Be Partners in Change
People closer to the decision making feel more favorably toward change than those further away. Employees need to have more agency in the process.
- A number of factors contribute to what we call “change distance” in organizations. Some reflect roles and business trends; others result from troubling disconnects between leaders and the people they lead.
- Leaders can mitigate the effects of change distance if they actively
Content: Article | Authors: Adriann Negreros, Julia Dhar, Matt Solowey | Source: Boston Consulting Group (BCG) | Subject: Change Management
How Change Aversion Can Derail a Transformation
Achieving change is difficult. Organizations spend more than $10 billion annually on change transformations, but more than 50% of efforts fail to meet objectives. To better understand why, despite our best intentions, change efforts tend to fail, we looked to the literature—and found that “loss aversion” presents a helpful point of reference.
To better understand this phenomenon, we surveyed more than 200 people across the US … [ Read more ]
Content: Article | Authors: Adriann Negreros, Julia Dhar, Martin Reeves | Source: Boston Consulting Group (BCG) | Subjects: Change Management, Organizational Behavior