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There is more transformational change than ever before and it happens only faster and faster.
Today’s world calls for quick adaptation and an agile approach to stay ahead and optimise a company’s operational efficiency and potential for success. But where to start? And how to navigate? We know it’s not that simple.
We all wish to be flexible in times of change, but we humans often find ourselves resisting it. Because of this resistance, it is estimated that only one-third to one-half of all institutional change initiatives succeed; effective programs aimed at achieving higher levels of operational efficiency require careful change management. Without effective change management, success is less likely.
This change is a delicate process and often challenging. According to us, the most crucial element of initiative success is careful attention to organisational culture. This includes shared values, beliefs, expectations, experience and philosophy and is evidenced in the organisations internal and external structure.Organisational culture can also be the downfall of any ambitious initiatives; through working in emerging markets, we have seen that firmly established belief systems within an organisation can act as a detrimental barrier to effective change.
Personalised methodology explanation: …..
We all have well-established routines for getting things done, and so do we in successful organisations and often take them for granted.
The reality is, we live in a volatile and uncertain world and routines and structures tend to break down when a company faces high levels of uncertainty or needs to move quickly in times of crisis. (Informed by - HBR Managing Risk and Resilience)
Understanding what it takes to ensure the survival and prosperity of an organisation can be complex. ‘ Resilience is proactive, not reactive.’ Organisational resilience is the ability of an organisation to anticipate, prepare for, respond and adapt to incremental change and sudden disruptions in order to survive and prosper. ‘To cope – and thrive – in uncertain times, develop scripted routines, simple rules and the ability to improvise’. (HBR)
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The age of digital is getting more real every day; we meet online, attain events online, and we work remotely. How is your organisation using technology and what are your priorities? Most likely you’re not as digitally innovative as you wish you were, and you’re not alone.
Setting off on a journey towards digital disruption can be a challenging road to travel for most companies and organisations.
As businesses mature digitally, they stand apart from most.Digitally mature companies are more agile and innovate differently and are more likely to collaborate with external partners than their less mature counterparts. They are better at developing digital leaders, pushing decision-making deeper by analysing data more effectively, adapt better to market change and are more likely to experiment. Digital innovation allows for cross-functional teams and employees to have more latitude to innovate their jobs.
A growth mindset is key to digital transformation
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