Change Management is a long-term structural transformation. It has four characteristics Scale (the change affects all or most of the organization), Magnitude (it involves significant alterations of the status quo), Duration (it lasts for months, if not years). Strategic importance, companies will reap the rewards only when change occurs at the level of the individual employee. Many senior executives know this and worry about it. When asked what keeps them up at night, CEO's involved in transformation often say they are concerned about; How the work force will react? How they can get their team to work together? How they will be able to lead their people? They also worry about retaining their company’s unique values and sense of identity and about creating a culture of commitment and performance. Top 10 list of guiding principles for change management. 1-Address the “human side” systematically. Any significant transformation creates “people issue...
Valuable articles on HRM,HR Strategies, SWOT Analysis, Management Techniques, Effective Communication based on PTS, Soft Skills, Organization Development, Learning Organization, Change Management, Performance Appraisal Tool, Supply Chain Management, Professional Cover Letter and CV/Resume Writing, Professional Storytelling, Interview Tips, Project Management, Proposal Writing, Emotional Intelligence, BI, Leadership, Introvert vs Extrovert, Business, Talent Management, Training and Development