SIMPLY SERVICES
  • Home
  • About Us
  • Financial Services
  • Small Business Agility
  • Contact Us
  • Small Business Dashboard
  • Simply Services Blog
Picture

Blog

Managing Change

11/14/2014

0 Comments

 
Change is inevitable, nothing remains constant.  This year has been a year of many changes for me personally.  I proposed to my fiance, I lost my father, we made some changes in our firm to better manage or be more efficient.  There is nothing we can do to stop change, but we can take steps to manage those changes.

There is a whole specialty and management philosophy known as Change Management.  It is usually part of project management and has to do with dealing with the aspects of implementing changes.  The reasons that could be driving change can be external or internal to the firm.  It can be changes in the industry or changes such as technology or the advent of social media that can create the need to change to keep up or remain relevant in the new environment.  

To effectively manage change there are four steps within the process:

1) Recognizing changes in the business environment (industry, media, technology, etc.)
2) Develop adjustments to meet the companies needs
3) Communicating, training employees to the coming changes
4) Buy in from everyone in the company

There are other factors that can impact how much effort it may take to carry out change like how ingrained is the culture?  Are leaders committed to the changes?  Does the firm or organization have the capacity to adapt to the changes and will adapting changes bring about the desired outcomes or meet the business needs?

Successful change management will be efforts where:
 
1) The benefits and changes are effectively communicated to stakeholders and employees
2) Employees are provided effective education & training  
3) Fears and resistance effectively countered through communication, vision and training
4) Changes are monitored for fine tuning and adjustments

While we cannot stop changes, we can take steps to better manage how changes impact our small businesses.
0 Comments

    Archives

    November 2020
    April 2020
    February 2020
    July 2016
    April 2016
    March 2016
    January 2016
    October 2015
    September 2015
    August 2015
    July 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    April 2014
    March 2014
    February 2014
    January 2014
    October 2013
    September 2013
    July 2013
    June 2013
    May 2013
    March 2013
    February 2013
    November 2012
    September 2012
    August 2012
    July 2012
    March 2012

    Categories

    All
    Budget
    Ethics
    Finance
    Financial Management
    Financial Management Value Stream
    Innovation
    Leadership
    Penn State
    Process Engineering
    Process Improvement
    Sequestration
    Small Business
    Small Business Finance
    Technology
    Work Life Balance

    RSS Feed

Proudly powered by Weebly
  • Home
  • About Us
  • Financial Services
  • Small Business Agility
  • Contact Us
  • Small Business Dashboard
  • Simply Services Blog