A well-known paradox states that the only thing that remains the same is change. Most leaders agree. Businesses are, and always have been, subjected to the influences of technology, economies, politics, competition and the culture. Change is unavoidable. The most successful companies are led by people who recognize the need for change and manage it well. Alternatively, those who cannot will subject their organizations to the risks of failure.
Implementing change is a significant aspect of leading organizations, in some ways more critical than many traditional areas. Some necessary changes are minor, while others are major. Mergers or acquisitions rank in the major-change category, as does rebranding or downsizing.
The way that change is managed can ruin the most passionate dreams of accomplishing it. Studies show that a vast majority of projects involving change don’t succeed. The estimates vary between 60 and 80 percent. Failures in the change process result in large wastes of capital and time, and may send a company backwards from the position it started in.
Evaluations of corporate change reveal something else: the major factor in successful change management is internal to the company, not an influence from the outside. This applies to the organization, as well as the top leader. According to a Harvard Business Review article by organizational change expert Edith Onderick-Harvey, the leader’s behavior is the most critical distinguishing element determining success or failure.
A leader’s behavior is the most critical element in implementing change. This article and Article Nuggets explore the behaviors that lead change.
This is a brief synopsis of an 1,200-word article and 3-Article Nuggets*, suitable for consultants’ newsletters for executives and leaders in organizations. It is available for purchase with full reprint rights, which means you may put your name on it and use it in your newsletters, blogs or other marketing materials. You may also modify it and add your personal experiences and perspectives.
The complete article includes these important concepts:
- Communication is critical
- Be a beacon of light
- The Power of authenticity
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