Change is difficult and uncomfortable. However, it can backfire and lead to costly disruptions rather than a smooth transition to an improved work environment if mismanaged.
Change in an organization leads to many positive aspects – that lead to retaining a competitive edge and remaining relevant in their business area. Change encourages innovation, develops skills, develops staff, leads to better business opportunities, growth, profitability, and improves staff morale. Change prevents an organization from becoming stale and allowing for improvements and dynamic development.
Why do organizations purposefully introduce change and disrupt their smoothly operating environment? From the changing global economy to technology, many aspects drive the need for change.
In addition to challenging the status quo by looking for new ways of doing things, the economy can unexpectedly impact business. Such influence can be positive or negative. For example, a strong economy will mean that companies must consider expansion e adding staff, international presence, and new facilities. It leads to opportunities for employees, but they come with adaptability challenges.
On the other hand, a declining economy can drive companies to let employees go, reduce salaries or eliminate benefits, creating a hostile, defeatest environment.
Other aspects that may lead to change are customer needs. Customers have more information and access to data than ever before in history. As a result, their needs and expectations change as the world evolves, and customers have access to use technology seamlessly.
Companies realized that change, as uncomfortable and often painful as it may be, means growth opportunities. Employees can learn new skills, exercise creativity, introduce new ideas, and benefit themselves and the companies.
The most vital driver for change in the last couple of decades is technology’s constantly moving change. According to Forbs, change results from adopting new technologies are common in most organizations. Technology impacted all aspects of our work and daily life, from how we communicate to the way we make complicated design and financial decisions.
To reduce the potential negative impact of a mishandled change process, it is best to align management leadership at all levels, engage all stakeholders, introduce open communication, training, step by step approach, and set milestones.
Is your internal environment ready to face this change challenge?