Ahead of the Culture and Change Management for Business Transformation Summit 2018, Daniel Lee Smith, Independent Senior Change Manager at RMIT and a speaker at the the event, shared his cross sector and industry experience on three important steps for successful business transformations.
The first is leader vision, alignment and ownership. Even in the concept and delivery stage, leaders within the organisation must be 100% on why the change needs to happen and what the benefits are for stakeholders. Leaders themselves should be personally and professionally invested in the success of change. A good indicator is looking at the leadership’s willingness to own and promote the transformation.
Secondly, argues Smith, performance and success measures are only effective when clearly communicated throughout the entire organisation. Success should be personalised to each organisation so it is up to the leadership team to determine and convey the benchmarks. In doing so, leaders can design practical and measurable steps to drive collaborative change. Real world expectations are important to keep the momentum during this transition period.
The final key is designing for the long term. Rather than making convenient short term band-aid fixes, business transformations that focus on sustainable solutions that transform core issues offer a higher chance of overall success.
While these three takeaways are by no means the only factors in effecting change, by understanding that changes made today directly contribute to a three, five or even a seven year plan, employers provide stakeholders confidence in the organisation.
Click here to read Smith’s full article.
Click here to register for the summit.