A Guide to Change Management
What is change management?
Change management involves preparing, supporting, and helping organizations and the teams and individuals within them make changes. There are many different types of change management. They can include introducing new software, creating a new management structure, acquiring a new company, or adapting to a new budget. No matter what the change is, the overall goal of change management is to get people on board with the changes and implement the changes as smoothly as possible.
Understanding the change management steps is crucial to successfully implementing change management. They include deciding to make a change, getting the right people in place to lead the charge, selling the idea to your organization, beginning the implementation, and working out any problems that arise. There is no one set approach to change management. Exactly what you will need to do will depend on how your organization is set up and what you’re trying to accomplish.
What’s important is that you understand the core principles of change management so that you’re able to adapt them to your organization. Keep in mind that change never really goes as expected, so even your best plans may need adjustments once you begin the real-world implementation.
The Importance of Change Management in an Organization
To understand the importance of change management in your organization, it’s important to see the direct impact of change management. According to McKinsey, on average, companies with great change management gain 143% of the returns they expected. Here’s how they did it.
Change Management Aligns Teams Within An Organization
One of the most important aspects of a change management plan is getting all the teams on board with the change and outlining exactly what role they will play. That builds teamwork not just during the change but in future projects where the teams will work together.
Change Management Creates Efficiency and Effectiveness
Lack of change management can lead to a disaster as no one knows who’s in charge or what needs to be done. People may also try to resist change. With a proper plan in place, you can be more likely to skip all of that and go right to putting your plan in place.
Change Management Reduces the Time Needed to Implement Change
Inefficiency means time lost, and if you don’t spend time planning ahead, you’ll have to spend time figuring out what to do later. When you have change management tools in place from the beginning, you only need to spend the time you already planned for.
Change Management Makes a Positive Change to the Bottom Line
Time is money both in extra salary costs and in delays in putting your plan to increase profits into action. Planning for change also helps you work out if it really will make you money instead of just trying something that may end up not working.
Change Management Creates an Opportunity to Create Best Practices
In most organizations, you do many things only because that’s the way it’s always been done. When you plan for change, you can take the time to figure out the best way to do things without getting resistance from people who want to stick to the old ways.