Creating Sustainable Organizational Change
Posted on November 20, 2020 by Oscar Montenegro, One of Thousands of Business Coaches on Noomii.
Is your strategy creating sustainable change or is it just the flavor of the month?
Of the many strategic initiatives that were launched in January – from organizational restructuring and cultural alignment to market entry – about 70% of them are doomed to fail. This means that of every workweek spent on these efforts, 3.5 days are wasted.
So what can leaders do to improve their chances of successfully implementing organizational change? They should use an intentional, structured approach to determine where they are now, where they want to be in the future, and how they will bridge the gap. What does your annual strategic planning process look like?
Talented leaders who engage their teams and help employees see how their work connects to the vision for the future are key to every successful change effort. These leaders often deliver daily nudges to keep employees moving in the right direction rather than waiting for annual performance reviews to help them correct their course. What is your company’s vision?
In any other aspect of organizational performance, a 30% success rate would be entirely unacceptable. Yet too many companies continue to settle for such performance in their change management initiatives. What is your company’s success rate?
