26 May 2011

Welcome to Change Blog!

26 May 2011
Change management is a structured approach to shifting/transitioning individuals, teams, and organizations from a current state to a desired future state. It is an organizational process aimed at empowering employees to accept and embrace changes in their current business environment.In project management, change management refers to a project management process where changes to a project are formally introduced and approved. these are examples of Organizational Change:
Location changes
Missionary changes
Strategic changes
Operational changes (including Structural changes)
Technological changes
Changing the attitudes and behaviors of personnel

As a multidisciplinary practice that has evolved as a result of scholarly research, Organizational Change Management should begin with a systematic diagnosis of the current situation in order to determine both the need for change and the capability to change. The objectives, content, and process of change should all be specified as part of a Change Management plan. While change is never easy it is essential for the growth and developement of any organization. In today’s economic environment it is essential to change with the changing tides of economic and social environments in order to stay ahead of the curb.

Change Management processes may include creative marketing to enable communication between change audiences, but also deep social understanding about leadership’s styles and group dynamics. As a visible track on transformation projects, Organizational Change Management aligns groups’ expectations, communicates, integrates teams and manages people training. It makes use of performance metrics, such as financial results, operational efficiency, leadership commitment, communication effectiveness, and the perceived need for change to design appropriate strategies, in order to avoid change failures or solve troubled change projects.

Successful change management is more likely to occur if the following are included:
Benefits management and realization to define measurable stakeholder aims, create a business case for their achievement (which should be continuously updated), and monitor assumptions, risks, dependencies, costs, return on investment, dis-benefits and cultural issues affecting the progress of the associated work. Today the world is moving from an industrial frame to a technological and this has created huge gaps in traditional leadership with a younger more tech savvy generation in fact the challenge before many CEO’s today is how to convert traditional brick and mortar business models to keep up with technological advancements. It is a challenge indeed however with enough trial and error the gap will shorten but there will be many business casualties along the way.

While there is no set formula for steady sustained growth in today’s new economy it is clear that those companies which have harnessed the limitless power of the internet and technology are ahead of the pack and will stay there while other companies struggle to to catch up with the changing times. Given the fact that most businesses and individuals don’t like change it is clear that whatever industry or culture you operate in today change is essential and necessary and those who embrace it will ultimately come out on top.

Nexonta Technologies Inc