Top Change Risks Are Real
Despite well-intentioned strategies and careful planning, research by McKinsey shows that nearly 70% of large-scale change initiatives fail to meet their objectives. The culprits are rarely technical or tactical. They’re human. People resist what they don’t understand, don’t trust, or don’t believe in.
If you want your transformation to take root, you must identify and mitigate the most common change risks before they stall progress. Change management experts suggest a new, simplified way to look at managing organizational change risks effectively. They suggest thinking of the change process as one that occurs conversation-by-conversation.
After all, aren’t most changes catalyzed through dialogue — productive discourse where ideas are exchanged and modified according to the influence of others?
Top Change Risks Are Different By Change Management Phase
Change fails when it’s treated as a project instead of a journey. The most successful organizations view change as a leadership capability that combines clarity, alignment, and accountability. When strategy, culture, and talent move together, change sticks. And when it sticks, it transforms.
Throughout a change initiative, change risks change in complexity, strength, and form. If you agree that communicating effectively with one another is a way to introduce, gain support for, and implement organizational change, then it is critical that the communication of and through change be handled right. To excel (and in some cases to survive), companies and leaders must have the capability to successfully navigate change.
Top Four Change Risks by Phase
In our over thirty years of change management consulting, we consistently run into the same major change risks during the four primary phases of change:
Four Change Management Guidelines to Mitigate Change Risk
In each phase of change, there is a breakdown in communication — whether through a lack of clarity, inadequate dialogue, or failure to reinforce desired behaviors. Here are four change risk management guidelines to ensure that your communications around change are positive and successful:
The Bottom Line
Change is never easy —especially when most prefer the status quo. But when you use positive two-way conversations to support the change process, change is easier and more likely to succeed.
To learn more about managing the top change risks, download 3 Proven Ways To Better Manage Stakeholder Risk
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