As a proven statement, we can say that who adapts earliest to change, rules the world.
Nowadays, fast changes are happening in an instance, and it is not a surprise that a company may struggle desperately against being dragged under. So why not back up with a life jacket?
Some changes are small and easy to adapt to, others are large and are more difficult to process. Companies need to understand how to find a new approach to make effective changes happen and to secure themselves long before the ship is about to sink.
In order to confront the rapidly evolving world around us, they need to have a system in place to adapt with the changes.
In order to prevent disasters, CEOs can create a vision of what the company should be doing five years from now. Try to spot the trends which may be signaling change. It is recommended to watch very closely market tendencies and requests, listen to what the client’s needs are, that you cannot serve so far. Then, by creating the long-term vision plan, all possible setbacks shall be evaluated and considered.
Why not create a forward-thinking committee based of key functional leaders and their corresponding teams in your company; inviting customers and suppliers who can contribute to build a strategy? Adapting to change can request the use of other skills as well, which you might not have acquired yet!
Be visionary and increase your speed. Greater opportunities come to organizations that can respond quickly. Create new ideas and check in by getting market feedback on new, possible projects, services, products, materials, etc. As a side effect, flexibility and a willingness to embrace change will make management more valuable among the organization and integrity will grow.
But companies shall not only look into the HOW, or, by using another expression, into implementation only.
Prior to that, it is even more important to define what success will look like for the organization. In fact, this should even be established before the action plan begins.
Below some examples of questions that shall be asked:
What is the purpose of the new project?
What are your expectations from the outcome?
Which key change objectives need to be defined?
How are you going to measure success and how often?
What will the success actually look like for the company?
How are employees, managers, customers or suppliers adopting and transiting?
“The journey is never over, we will have to get used to quick changes, and we need to find the right strategies to act quickly and efficiently to them. If we want to continue navigating through the ocean, we need to take all necessary measures to equip the vessel against upcoming storms!”
You want to learn more? Contact me at firstname.lastname@example.org