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Understanding Change Management Fundamentals
Change Management is a comprehensive & intentional process that supports individuals who seek change from the early stages of formation all the way to successful change implementation.
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The Value of Change Management
Never before has change been so fast in the world of organizations. Build your organizational agility to guarantee Project success. To realize that agility, as PMI’s whitepaper highlights – build a trilateral practice to reshape your culture & business practices:
- Rigorous Change Management to better adapt to shifting market conditions.
- More collaborative and robust Risk Management.
- Increased use of standardized project, program and portfolio practices.
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Improve Project Outcomes
Project Management, concentrating and managing the technical aspects of change, and Change Management, focusing and managing the human side of change, are integral to the success of any transformation. When employing a best-practices approach, such as implementing a new ERP system, you can significantly enhance the likelihood of meeting your project objectives—by a substantial factor of 7X, as revealed by Prosci's 25 years of research involving extensive global practitioner surveys.
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Change Management Increases The Likelihood Of Success
People who bring changes to their day-to-day work are the cornerstones of organizations. he objective is to embed the concept of change into individuals' mindsets and attitudes, and subsequently equip them with tools and processes that facilitate the embrace and adoption of these changes.
The proper application of Change Management is pivotal in realizing the desired outcomes and goals.
Neglecting the human aspect of change management can lead to substantial costs and risks. This oversight not only affects project outcomes but can also impact timelines, budgets, and various other aspects of the initiative.
Regardless of how Change Management is visualized, its primary objective is to catalyze organizational results and outcomes by actively involving employees, assisting and motivating them to embrace a new way of working therefore increasing the overall success of the organization.
For more information & insights into the typical individuals involved in overseeing change, refer to the article on Core Roles in Change Management.
The primary objective of Change Management is to catalyze organizational results and outcomes by actively involving employees and motivating them to embrace a new way of working.
3 Levels of Change Management
Individual Change Management
Prosci’s ADKAR® Model (Awareness, Desire, Knowledge, Ability and Reinforcement) is what individuals need to smoothly make their transitions.
Project, Program or Initiative-based Change Management
Project Management & Change Management work symbiotically to create successful project outcomes. The process bridges the gap between Individual Change Management and Organizational Change Management as explained in the Prosci 3-Phase Process.
Enterprise Change Management Capability
When Change Management becomes part of the culture of an Enterprise, people learn to embrace it and use it efficiently. This leads to agile organizations that respond quickly to constantly changing market dynamics, to embrace strategic initiatives and adopt them faster while creating competitive advantage with less productivity impact.
We Will Help You to Successfully Design And AchieveYour Transformation Vision
Your change portfolio will benefit from a structured people approach if it contains big ticket items like of the following:
Improving Agility
Cultural Transformation
Technology Implementations & Upgrades
Change in Business Model
Organizational Structuring
Initial Public Offering (IPO readiness)
IPO Readiness
M&A Projects
Post M&A Integration
New Market Entry
Operational Process Implementation
Rapid External Changes
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