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Is Your Organization Ready for Change? 6 Questions to Ask

Want a free comprehensive Organizational Change Readiness Assessment tool to evaluate your organization’s preparedness to undertake major change initiatives? Get yours here.

Several organizations have studied how well companies implement change (including Prosci, HBR, McKinsey), and you’ve likely seen the research: as many as 60-70% of major changes fail. Many causes are outlined in the research, mostly focusing on how the change is executed. However, a strong case can be made that the challenges start well before then and success or failure of the change can hinge on an organization’s change readiness beforehand. Getting your organization ready for a major change, whether it’s a restructuring, new technology, strategic pivot, or cultural transformation, requires a structured, deliberate approach that prepares both the people, and the systems involved.

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How Can AI Drive Value in the Supply Chain?

Since 2020, supply chains have faced several challenges starting with wildly disrupted supply chains of the COVID pandemic. Supply chain has always been a focus for process improvement and cost-cutting. Fortunately, with recent development in technology, AI can raise the bar with our efforts to dramatically improve supply chain performance across five critical areas: forecasting, procurement, operations, risk management, and decision-making. [Read more…]

New Cost-Cutting Strategies

In uncertain business climates, countless organizations focus on traditional belt-tightening and layoffs. At times, layoffs may be called for to meet the changing needs of the market; however, because of how the business environment has evolved in recent years, traditional forms of cost cutting don’t “cut it.” [Read more…]

How Leaders Undermine Team Performance

Managers can unintentionally — or even intentionally — undermine teamwork in several different ways, but one behavior that stands out is how managers or team members address conflicts within the team. [Read more…]

How to Build a Strong Leadership Pipeline

To achieve long-term business success and achieve a stronger market position, organizations must become better at building a leadership pipeline for the future—leadership that can take them to the next level of performance, with an understanding of the future requirements related to organizational culture, evolving workforce, technology evolution, compliance issues, and the performance changes dictated by stiffer and stiffer global competition. The leadership competencies and skills required three, five, ten years from now will be very different from those of today. [Read more…]

5 Leadership Steps for Changing Company Culture

Countless articles published by scores of organizations since COVID have highlighted key work-related issues including employee stress, manager dissatisfaction, employee disengagement, quiet quitting, etc. The need for realistically re-defining, energizing and sustaining company culture is stronger than ever so that organizations can attract and retain top employees, improve innovation, nurture world-class safety, and provide a foundation for operational excellence. Effective, sustainable culture change requires five active and visible support behaviors from leadership. [Read more…]

Six Steps to a More Robust and Resilient Supply Chain

Increasingly complex supply chains are requiring more and more visibility and transparency to help prevent delays due to geopolitical instability, labor challenges, weather events, and transportation disruptions. And then there is the looming potential for trade policy change in the uncertain political environment. Permanently addressing these issues and achieving a more resilient and robust supply chain requires a planned, strategic approach, following these six steps. [Read more…]

5 Steps for Business Preparedness During this Election Season

During any election season, results can have vastly different outcomes, any of which may have a huge impact on the business environment due to potential changes in policies, regulations, and economic conditions. This year, the two US presidential candidates represent a political environment that seems more polarized than ever. On top of that, recent developments in the presidential campaigns are causing even more volatility. Because of the upheaval election outcomes can cause, there are five considerations for preparedness that your business should take to adapt to potential changes in the business landscape during and after an election season:

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Achieving Operational Excellence: Three Actionable Best Practices

Operational excellence is practiced and achieved in fewer companies than you might think. Most leaders covet the benefits of effective operational excellence they hear about in competitor organizations–the long-term advantages of such programs are well known. However, leaders are reticent to take on something that may seem to be large scale and overly ambitious, even if the current environment demands improvement.

Here are three best practices for implementing operational excellence in uncertain economic environments: [Read more…]

Three Organizational Restructuring Strategies for Adapting to Changing Environments.

With the business environment changing rapidly and repeatedly, it is crucial for businesses to be able to adapt to enhance their efficiencies. One crucial tool for making your organization more resilient is organizational restructuring. Here are three key strategies to consider: [Read more…]