Whether you’re a part of a hyper-growth startup or established enterprise organization the potential for change management is always present. Mergers and acquisitions, as well as initial public offerings are often the impetus of these company transitions. So how do you navigate these changes from the people perspective?
To properly address the topic of change management its helpful to define it. Prosci, a global organization that works with companies to guide and support the multi-facets of change management firm defines it as, “the discipline that guides how we prepare, equip and support individuals to successfully adopt change in order to drive organizational success and outcomes.”
Below we provide some tips to effectively manage change management:
Approach change from a macro-level – Take a step back and look at the whole picture. Once you identify all of the variables the change will affect you will be able to create strategies to address potential loopholes.
Follow guiding principles of change – Manage the scope of the change, budget and quality, ie – create a timeline and stick to it, stay within budget and ensure you are maintaining your standards (corporate, leadership, other stakeholders).
Create a sense of belonging – From top down to bottom up, make sure all employees are included in the change. This doesn’t mean everyone needs to know everything but consider how your employees will be affected by the change that’s occurring. Remember to reign in your distributed workforce if your employees work from multiple locations. Ensure your employees continue to feel that they are completing purposeful work. Also consider creating a safe haven for employees to raise concerns (legal considerations and resource to support initiatives).
Continuously “re-baseline” your change – As you move along your timeline or “change” project road-map, reevaluate the impact the change has on stakeholders and strategies. Make adjustments to the roll-out as needed.
Components of change to remember – culture, leadership, benefits, budgets, pay equity, integrating business processes, and more, these are just some of the highlights.