Why Most Change Initiatives Fail (and How Your Leaders Can Change That)
Introducing change – no matter how strategic or exciting – can trigger uncertainty and anxiety (which directly impacts your People’s productivity and output). And yes, 70% of change initiatives fail. Why? Because people are at the center of change – those leading the change, and those experiencing the change. How should your leaders handle change? Change is inherently personal. Every individual will experience it differently. While there is always a sense of urgency to getting a change initiative completed – it is ALWAYS critical to understand the impact of your change on your people. Where to start? Here are a few questions for your leaders to ask: Who will be impacted ? Tip: Map out who will be affected and how. Not just the obvious stakeholders – EVERYONE impacted by the change. Consider those you also rely heavily on, like customers, vendors, contractors, and support teams. Involve your stakeholders early and often to keep the momentum. How can you engage wi...