Results Delivery: Managing the Highs and Lows of Change
Some business leaders retain their common sense and wisdom, even in the face of radical change. They recognize that mood swings occur in predictable patterns. They anticipate what’s coming, and they help others cope by counteracting the emotional fluctuations and mitigating the accompanying risks. Successfully managing the biases and effectively guiding change in this way create significant value.
Content: Article | Authors: Kevin Murphy, Patrick Litre | Source: “Bain & Company” | Subject: Change Management
Realize results: Busting three common myths of change management
Bain analyzed the barriers to successful change management at 184 global companies. The study enabled us to identify predictable patterns of risks in a broad cross-section of change efforts. We found, for example, that about 65 percent of initiatives required significant behavioral change on the part of employees-something that managers often fail to consider and plan for in advance. Nearly 60 percent of the companies … [ Read more ]
Content: Article | Authors: Alan Bird, Gib Carey, Patrick Litre, Paul Meehan | Source: “Bain & Company” | Subject: Change Management