Breaking Down Organizational Change
Why do organizations need to change?
- Organizations need to change to sustain and remain competitive
- Publicly traded organizations must change to meet or exceed Wall Street expectations
Who initiates and plans for large scale organizational changes?
- Typically top management - CXOs, Board, SVPs
How is the need for a large scale change typically identified and course of action planned?
- Using highly paid external consultants
Does an organization lack talented resources such that highly paid external consultants have to be brought in?
- Not really. A good leader can do this with help of his/her existing team. It is a matter of creativity and good persuasion skills.
What incentives does top management have in finding creative ways of solving a problem?
- None. They typically want to rely on so called "tried and tested" approaches
Who is least impacted on a day today basis during change execution?
- Top management - CXOs, Board, SVPs
Who executes the planned change in an organization?
- Middle management and non managerial staff
Who is most impacted by change execution?
- Middle management and Non managerial staff
Who gets laid off as part of change execution?
- Middle management and Non managerial staff
So who changes the least as part of change implementation?
- Top management - CXOs, Board, SVPs
So who is ultimately most resistant to change in an organizational context?
- Wall Street
- Financial Institutions
- Top management - CXOs, Board, SVPs
So who makes up wall street, financial institutions and top management?
- People
So who is most resistant to change in the larger context of an economy?
- People