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Identifying and eliminating unnecessary expenses
How to negotiate better deals
Understanding the importance of saving
Change management strategy
- Create: Establish a feeling of urgency or hurriedness towards change.
- Build: Formulate a guiding coalition.
- Form: Develop a strategy to bring about change. This requires having a plan and a vision.
- Enlist: One must now communicate or put forth the vision or strategy for change.
- Enable: Empower the employees to incorporate the changes.
- Generate: Formulate short-term goals and achieve them.
- Sustain: Capitalization of wins or gains in order to produce bigger results.
- Institute: Finally, incorporate new and better changes in the workplace culture.
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The Change Curve in business
A reliable tool to understand what people are going through.
- Stage 1: The employee will be in shock. They may need time to adjust.
- Stage 2: When the gravity of the situation settles in, workers may feel fear from what lies ahead, which may tu...
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The Kubler-Ross Model
The Kubler-Ross Model, also known as the five stages of grief, consists of the various levels of emotions that are experienced when facing trauma. The five stages are denial, anger, bargaining, depression, and acceptance.
After the model was widely accepted, it was found to be valid...
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The 5 stages of grief
- Denial: Shock or denial mark this stage and is usually short-lived. One may not believe what is happening.
- Anger: When the realization hits and is understood, a person may become angry and look for a scapegoat.
- Bargaining
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Change is inevitable
If a change is well planned, it can produce positive results. However, without planning, change can be hard to accept and appreciate.
The Kubler-Ross Model is the most reliable tool to understand change and the stages associated with it.
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Relevance in Business
The Kubler-Ross Change Curve is also true when it comes to business, work, or employment.
Change can cause a lot of upheaval to the employees. If there are improvements to be made in systems and policies, the employees can't persist in their old ways. Only when the employees of an org...
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The ADKAR Model
It demonstrates five ingredients needed for change.
- Awareness: Awareness helps one understand why change is important and needed.
- Desire: The desire to be a part of the change.
- Knowledge: The desire is incomplete w...
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