Extracting the Value of Change – Building on Success
Sustained organisational improvement comes from building on the success of every change initiative. And the world doesn’t stop after each. In a successful organisation you can expect a continuous stream of change just to keep pace. There can be a sense of chaos and turbulence as you embark on the next project before finishing the last.
The skill is managing turbulence created in moving from one change initiative to the next – the value is in extracting the lessons learned at this crucial point. Recognising ‘Best Practice’ is great but what about ‘Next Practice’ thinking, applying lessons learned to future needs?
“Change initiatives crucial to organisational success fail 70% of the time.” Miller, 2002
Extracting the value of change
When leading change you may fall into one of two camps: your energy, focus and interest switches to the latest high profile, challenging but stimulating new change initiative, or you struggle to let go of the old and its successes, and remain attached to it with passion.
Whether you are right to ascribe to each scenario depends on many aspects – either way, sentiment rarely holds value for the future. Primeast can help you extract the value of both.
“Out of 500 complex change projects, 444 failed, 56 had varying success, only 5 met the objectives.” Benham Tabrisi, Stanford University
Squeezing Value From The Old
Our experiential approach advocates taking time to learn from the experiences of change, by reflecting, reviewing and exploiting the lessons it provides. We help you squeeze value from the old, extracting maximum value from the existing system or process by enhancement or modification.
This can be a good low cost/high reward, short term strategy to fund major new initiatives. Then we help you to let go so that it doesn’t get in the way of driving through the new with consistency and passion.
Driving the New
It takes certain leadership characteristics to manage, lead, inspire and engage others in change. We support leaders through the turbulence of change in the form of consultancy, coaching, project management, developing communication strategies and, above all, gaining the engagement of those implementing and working with change.
We actively encourage you in wider systems thinking to capture other change initiatives and encourage ‘What Next’ and ‘Impact’ thinking.
“When you are through changing, you are through.” Bruce Barton
To find out more, contact our offices directly, or email od&change@primeast.com.
