Showing posts with label Change. Show all posts
Showing posts with label Change. Show all posts

Friday, 15 June 2012

Business Notes: Kotter’s 8 Step Model for Change

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Step 1: Create Urgency

For change to happen, it helps if the whole company really wants to do it. Develop a sense of urgency around the need for change. This may help you spark the initial motivation to get things moving.

Step 2: Form a Powerful Coalition

Convince people that the change is necessary. This often takes strong leadership and visible support from key people within your organization. Managing change isn’t easy/

Step 3: Create the Vision For Change

When you first start thinking about change, there will probably be many great ideas and solutions floating around. Link these concepts to an overall vision that people can grasp easily and remember.

  • A clear vision can help everyone understand why you’re asking them to do something.

Step 4: Communicate the Vision

What you do with your vision after you create it will determine your success. Your message will probably have strong competition from other day to day communications within the company, so you need to communicate it frequently and powerfully, and embed it within everything that you do.

Don’t just call special meetings to communicate your vision. Instead, talk about it every chance you get. It’d also important to ‘walk the talk’. What you do is far more important – and believable – than what you say. Demonstrate the kind of behaviour that you want from others.

Step 5: Remove Obstacles

If you follow these steps and reach this point in the change process, you’ve been talking about your vision and building buy in from all levels of the organization. Hopefully, your staff wants to get busy and achieve the benefits that you’ve been promoting.

But is anyone resisting change? And are there processes or structures that are getting in its way?

Put in place the structure for change, and continually check for barriers to it. Removing obstacles can empower the people you need to execute your vision, and it can help the change move forward.

Step 6: Create Short Term Wins

Nothing motivates more than success. Give your company a taste of victory early in the change process.

You want each smaller target to be achievable, with little room for failure. What you can do:

  • Look for sure fire projects that you can implement without help from any strong critics of the change
  • Don’t choose early targets that are expensive. You want to be able to justify the investment in each project
  • Thoroughly analyze the potential pros and cons of your targets. If you don’t succeed with an early goal, it can hurt your entire change initiative.
  • Reward the people who help you meet the targets.

Step 7: Build on Change

Kotter argues that many change projects fail because victory is declared too early. Real change runs deep. Quick wins are only the beginning of what needs to be done to achieve long term change.

Launching one new product using a new system is great. But if you can launch 10 products, that means the new system is working. To reach the 10th success, you need to keep looking for improvements

Step 8: Anchor Changes in Corporate Culture

Finally, to make any change stick, it should become part of the core of your organization. Your corporate culture often determines what gets done, so the values behind your vision must show in day to day work.

Make continuous efforts to ensure that the change is seen in every aspect of your organization. This will help give that change a solid place in your organization’s culture.

- Esjae x


Twitter: http://twitter.com/esjaeofficial
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Wednesday, 7 March 2012

Business Notes: The Relationship Between Businesses and the Technological Environment

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Technological Change

New businesses which exist due to technological change:
  • Photobox
  • Moonpig
  • Glasses Direct
  • Kindle, electronic readers
  • Business card printers
  • Smart phones
  • Online Gambling
Impact of Technological Change

Marketing Opportunities:

-Buy information from databases
- Easiers access to products for consumers
- Product development
- Online
   -Pay to have link in search
   -Adverts on YouTube
   -Banners across websites
   -Advertisements (pop ups)
-Larger markets
-Market development
   -Access to new markets
-Viral Marketing

Processes/Systems used by Businesses:

-Electronic stock control
-Electronic point of sale
-Customer ordering and buying
-Online tracking systems
-Electronic answering systems
-CAM
-CAD
-Computerised applications
-Robotics

The impact of technological change can also effect the culture of some businesses


Esjae x

Follow me on Twitter: http://twitter.com/esjaeofficial
Creator of Esjae Official blog: http://esjaeofficial.blogspot.com/
Creator of Dear Scott Collins Blog: http://dearscottcollins.blogspot.com/
Creator of The Dangerously Dirty Truth Blog: http://thedangerouslydirtytruth.blogspot.com/
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E-mail me: esjae-official@hotmail.co.uk

Friday, 2 March 2012

Business Notes: Demographic Change

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'Grey Pound' - Final salary pension schemes (1/2 or 1/3 of their final salary as their pension) -> now being closed down meaning future pensions won't be as good as they are now

'Pink Pound' - Gay Market

Single Households - Due to an increase in divorce and marrying later in life

Falling birth rates (as a result of single households)

Falling death rates (due to ageing population)

Increasing number of service sector jobs

More part time employment

More female workers

Companies effected in a positive way
  • Companies who target their products at older people (eg. over 60s holidays)
  • More demand for housing (builders, mortgages, estate agents)
Companies effected in a negative way
  • Companies targeting young people
  • Baby products

Esjae x

Follow me on Twitter: http://twitter.com/esjaeofficial
Creator of Esjae Official blog: http://esjaeofficial.blogspot.com/
Subscribe to me of Youtube: http://www.youtube.com/theofficialesjae
Add me as a friend on Facebook: https://www.facebook.com/esjaeofficial
E-mail me: esjae-official@hotmail.co.uk

Saturday, 21 January 2012

Poem: What The World Is Turning To Be

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So many things are happening in the world around us
Addicts searching around to find a fix to get a buzz
Millionaires trying to find something to spend on
Politicians’ see the problems but scrub their minds to get gone
What about the single mother stranded on the street
Who thought about the homeless man on the street with nothing to eat

You chose to forget, just like me
Because you just didn’t want to see
What the world is turning to be
All too wrapped up in our own lives
To worry about those struggling to survive

 

What do you think of this one?

- Esjae x