Apr 10, 2017
Written by: Tricia Mikolai
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The failure rate on change initiatives in the workplace is commonly reported at 70%, however I’ve recently seen a study showing a lower figure of 44%. Either way, it’s still a risky undertaking.
Unfortunately, we can’t just choose to put our heads in the sand. The corporate world is always going to require change management: mergers and acquisitions, new leadership, new sales channels and new processes are big adjustments that naturally alter the dynamic of your culture, and smart stakeholders will get ahead of it with a plan to align daily behaviours with the financial objectives.
There are a handful of factors that can cause an initiative to fail, but there are two that consistently occur across all the research: communication and leadership management. This is actually good news though – knowing your obstacles can help you create a strategy that increases your likelihood of success.
Start with the end in mind: what is the purpose of the change initiative?
With clearly defined objectives, you can create a communication strategy. Make no mistake – this is as important as any external marketing campaign you would launch to drive sales.
Once you’ve build a communication foundation, empower employees to act. Because change can be stressful, a reward and recognition program can lift employee morale and motivation:
Finally, your initiative will still fail if leadership is not committed to the human side of change – that is, they’re focused on the business objectives and not the performance objectives. Leaders cannot assume that someone else is taking ownership of the communications, recognition and rewards, i.e., the human resources team. To be successful, they need to:
These aspects of leadership are firmly tied back into the communication strategy – a classic ‘which-comes-first’ scenario. Regardless, both are needed to avoid an epic fail.