7 Strategies for Leading a Crisis-Driven Reorg
Only 8% of crisis-driven reorganizations deliver as planned. Based on an extensive Quartz/HBR database as well as their personal consulting experience, the authors offer seven strategies for companies looking to reorganize in response to a crisis. They suggest that the most successful reorgs move quickly, but with a plan; they benchmark internally; they set different targets for different departments; they involve the full leadership team … [ Read more ]
Content: Article | Authors: Matthias Qian, Peter Buchas, Stephen Heidari-Robinson, Suzanne Heywood | Source: Harvard Business Review | Subjects: Management, Organizational Behavior
Reorganization Without Tears
Under nearly any circumstance, reorganizations consume a great deal of time and energy, including emotional energy. When proper communication plans are in place, though, leaders can at least reduce unnecessary anxiety and unproductive wheel-spinning. Planning should start long before employees get word of the changes, include constituents well outside the boundaries of the company, and extend far beyond the announcement of the concept design to … [ Read more ]
Content: Article | Authors: Rose Beauchamp, Stephen Heidari-Robinson, Suzanne Heywood | Source: McKinsey Quarterly | Subjects: Change Management, Management, Organizational Behavior
A 5-Step Process for Reorganizing After a Merger
Reorganizations can be a useful management tool for finding new value and are often essential as part of a merger or acquisition integration. Getting this type of reorganization right allows business units from the merging companies to be brought together smoothly, corporate activities to be standardized and streamlined, people to be aligned behind desired outcomes, and integration synergies to be delivered quickly. To help maximize … [ Read more ]
Content: Article | Author: Stephen Heidari-Robinson | Source: Harvard Business Review | Subject: Mergers & Acquisitions