Change-Management

In order to adapt to the latest market conditions, companies must constantly change. Studies show that 80% of change projects fail. As a manager, it is essential to understand how change management works.

What is change management?

It is defined as the methods a company uses to describe and implement changes both within its internal and external processes. This includes the preparation and support of the employees, the determination of the necessary steps for the change as well as the monitoring of the activities before and after the change to ensure a successful implementation.

Significant organizational changes can be a challenge. It often requires many levels of collaboration and can involve various independent entities within an organization. Developing a structured approach to change is critical to ensuring a beneficial transition while mitigating disruption.

Change usually fails for human reasons: the promoters of change didn't care about the healthy, real, and predictable responses of normal people to disturbances in their routines. Effective communication is one of the most important success factors for effective change management. Everyone involved needs to understand the progress through the various phases.

How do you implement change management?

Define the change.
Select the change management team.
Develop an implementation plan including metrics.
Implement the change - in stages if possible.
Collect and analyze data.
Quantify gaps and understand resistance.
Modify the plan as needed and return to the implementation step.

Today, the markets are changing ever faster due to digitization. As a result, companies have to continuously adapt to developments and HR managers will have to take on an important role as change managers in the future.