Making Your Change and Transformation Efforts - More Successful - And Profitable (Part 2)
Rich Kohler
We help Aerospace & Defense CEOs to accelerate or recapture growth momentum - achieve faster, more predictable & sustainable, profitable growth | My clients have grown profit & sales 10-15%/yr+ | A&D Growth Expert | CEO
Last time we looked at the need for, but also the impact, of accelerating change on?organizations.
Organizations are responding to constant disruption and rapid technological advancement by attempting to establish a culture of continuous transformation. In this environment,?the task of transformation is never truly “done.”?There is always another project to launch,?another change to land.?
Also, in a recent Gallup survey, it is estimated that low employee engagement costs the?global economy $8.9 trillion, or 9% of global GDP.?
While change and transformation is not the only reason for low employee engagement, the relentless pursuit of change can lead to employee burnout and diminished?effectiveness and productivity through change fatigue.
Does Your Organization Understand the Reason for Change - What is the Future Vision
John Kotter, in his book, Leading Change, states that the biggest mistake?people make when trying to change organizations is to plunge ahead without first establishing a high enough sense of urgency in fellow managers and employees. This error is fatal because transformations always fail to achieve their objectives when complacency levels are high.
Too much past success, a lack of visible crises can lead to complacency, “Sure we have our problems, but they aren’t that terrible, and they are all over.”
In working with organizations in transforming their business, I find that gaining clarity and a sense of urgency is critical to success. One needs to garner executive commitment and, eventually, employee buy-in, to create that sense of urgency.
Research into 4 Ways to Help You Address and Fight Change Fatigue in Your Organization??
A disgruntled employee interrupts you in a meeting to ask why the business needs yet still?another change initiative. How will you answer them? ?
Cultivating a sense of purpose is one of your most effective levers in combating change fatigue.?
Creating purpose-driven ideas that resonate with key players will inspire others to follow,?naturally. “A strong sense of purpose - who we are, what we value, what defines us, and who?we want to become in the most challenging times - drives us forward, even when we are feeling?the most fatigued.”?
Are you:
2. Pace, Rest, and Celebrate Wins
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Thanks to the Agile movement, words like “sprint” have entered the lexicon and are deeply associated?with transformation and other change projects.?
But a sprint with no breaks - and no end in sight - will inevitably collapse.??
How can you:
In our next article, I'll provide the next two of four ways to help you address and fight change fatigue in your?organization. ?
What do you think?
Use the comment area below and share your experience or advice on this topic.
Business not growing the way you want?
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If you're a bit frustrated with slowing or stalled growth – let’s have a short call to see if we can help. Contact me at 480-766-1772 or [email protected] .
Rich Kohler is a Business Growth Expert. His company, Kohler Consulting Group specializes in helping CEOs and Marketing Executives of Mid-Market Aerospace & Defense, Hi-Tech firms who want to accelerate or recapture growth momentum, build a clear roadmap to achieve faster, more predictable and sustainable, profitable growth.
A former Fortune 500 Executive, he has helped BAE SYSTEMS, Eaton, GE Aviation, Smiths PLC, Transdigm address stalled growth, flat-lined revenues, declining profit margins; take a step back to more clearly & confidently navigate complex and rapidly changing markets, intensifying competition - increase clarity and control to reduce the uncertainty and risk around their strategy.
We apply a comprehensive CEO perspective to attack growth on multiple fronts, utilize proprietary & globally proven systems, methodology and combine consulting, coaching, and training to produce significant near-term results. We focus first on enhancing profitability, then pursue growth.? We also apply a unique approach - designing customized strategies “Built from Within” that are right for your business - fully leverage your unique organization capabilities…so you can accelerate profitability and sales growth in any economy.
Serious about accelerating your growth - and moving to that next level of success? ?Contact Rich at: [email protected].