5 Steps On How To Manage Reluctance To Change In M&A
If you are currently going through a merger or acquisition, you might have some reluctance to change. This is because humans are hardwired to resist change, even when it is good for us. We really like things to stay the way they are, because we’re addicted to predictability.
What are the possible things that can go wrong in an M&A?
If you are taking part in a merger or acquisition, you’ll know there is a lot that goes into it. Perhaps you’re a little worried about what can possibly go wrong. That makes sense, because this is a busy and complicated process.
Integrating brand and culture
We’ve known the importance of brand for a really long time, but what we haven’t realised until more recently is how our company culture impacts that. Companies like Google and Starbucks are really the driving forces behind this kind of innovation. Their company cultures are clear to see. Their staff all behave in a similar way, their offices and branches are similarly decorated, and they know how to make their company culture clear to their clients. This subconsciously makes us feel safe and secure. Most of us like their branding, and this is driven by their culture, which makes us feel secure and taken care of.
How to help the IT department reduce cost by quantifying and demonstrating better performance
We are a nation moving towards a digital world, and with the continuous growth in technology - and thanks to ecommerce - most industries operate their business inside a circuit of globalised market systems. It is difficult now to even imagine a world in which IT did not exist, and everything was done by hand. Thank goodness for change.
Change Management in the Supply Chain
For as long as we have known, the business environment has seen change resulting in an increase in the need to make corresponding changes in the businesses system. Many businesses who are slow - or fail in their endeavour to implement change - often get left behind, which can in some cases be detrimental to their survival.
6 steps to engaging employees through challenging times of corporate change
Corporate change can be very stressful and uncertain for all those involved. Understanding the importance of the role your employees need to play is hugely important. Having everyone on board with the change and striving for the overall aim is key to success. Engaging your employees through the most challenging times can be very difficult if you are not prepared for it.
Change management in the supply chain
For as long as we have known, the business environment has seen change resulting in an increase in the need to make corresponding changes in the businesses system. Many businesses who are slow - or fail in their endeavour to implement change - often get left behind, which can in some cases be detrimental to their survival.
Thinking about shifting to a product and platform technology operating model?
Have you ever come across the term product and platform technology operating model? If not, you should be aware that it is rapidly taking over from the more well known models that are associated with projects linked to function driven IT delivery.
Why story-telling is important for Business Change
Storytelling is an incredible tool. Powerful minds continue to tell us stories to strengthen and celebrate existing cultures within our society. Stories have the ability to provide continuity in our lives, and convey a sense of history and heritage.
How Agile and Change Management fit together
In these difficult times, many businesses have seen more disruption than they’ve ever known. This has highlighted an urgency for change in many ways. Across the business world, initiatives are being put in place, and for many these cannot come soon enough. Lots of businesses are holding on by a thread in the midst of the COVID-19 pandemic, with many knuckling down and holding on tight for an unpredictable amount of time.
Successful Change Management using Kotter’s Change Management Model
Whether you're considering a system-wide company change or something a few degrees smaller, it’s natural to feel intimidated or uneasy by the potential challenges that might involve. There aren’t many people out there who like change.
What can go wrong in a Change Initiative if testing isn’t done right?
Are you having a hard time measuring the effectiveness of business change initiatives? If so, rest assured testing is something even many businesses have difficulty executing correctly.