The Goal:
Learn why Change Management is important and how it can help the organization.
The Tool:
When implementing projects, we all want to avoid:
- Productivity declines
- Passive resistance escalates
- Active resistance emerges and sabotages the change
- Valued employees leave the organization
- Morale deteriorates
- Projects go over budget and past their deadline
- Employees find workarounds to avoid the new way of doing things or revert to the old way.
- Divides are created in the organization between ‘us’ and ‘them’ The organization builds a history of failed and painful changes
Change Management provides a competitive advantage, allowing organizations to quickly and effectively implement change to meet market needs. It is the application of a structured process and set of tools for leading the people side of change to achieve a desired outcome.
Change management emphasizes the “people side” of change and targets leadership within all levels of an organization including executives, senior leaders, middle managers and line supervisors.
When change management is done well, people feel engaged in the change process and work collectively towards a common objective, realizing benefits and delivering results.
Research has shown that projects with excellent change management effectiveness are 6 times more likely to meet or exceed project objectives.
Regardless of the scale of change, applying a change management framework increases the probability of staying on schedule and budget, resulting in higher benefit realization and ROI.
