In today’s dynamic and evolving business environment change has become a daily reality. Companies that embrace this dynamic and devise ways to work with it come out stronger. Change Management is not a requirement just for troubled companies, successful companies are also constantly changing and evolving to create and maintain their competitive advantages.
CEOs and Leaders at the top of the organization are the key ingredient in effective change management along with some key factors:
- Buy-in of change initiatives by top management and employees of a company
- Identifying and executing the critical success factors within the strategy
- Alignment of People, Processes & Organizational Culture