Change: invest properly in 4 steps



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To recognize its potential and to be able to develop it in the market, it is for Company important to successfully shape change processes by initiating them first and then continuously optimizing them. This is not possible without investments!

Change: Investing Properly in 4 Steps Change: Investing properly in 4 steps

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What change initiatives and project management have in common

Overview

A central aspect in terms of change is in Company the project business. This is where problems often arise, which pose enormous challenges for every employee every day. Project management and change initiatives have one thing in common: they can only lead to success in a strategic and structured way. Many managers are well aware of the benefits of change, but what about the remaining aspects, such as the investment required?

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  1. The possible positive results of an investment - The "pot of gold":
  2. The potential obstacles and risks of investment - The "crutches":
  3. The positive points, if we do NOT invest - The mermaid":
  4. The risks we face if we do NOT invest - The crocodile":

1. Positive results of an investment - "pot of gold"

Overview

Companies often report that projects, especially in multiproject environments, are completed much faster and in a timely manner, without sacrificing quality and with the same budget.

Companies should therefore accurately quantify how much profit their company can generate if it is able to complete 25 to 50% more projects with the same resources and sell them to customers. It is often seen that possible implementation costs can be amortized in a very short time.

2. Potential obstacles and risks - "The crutches"

Overview

Employees and managers often worry about the planned change. One should be aware that the work does not disappear but is only better organized. If a company introduces a new method, without explaining to the employees what it is, a number of misgivings and misunderstandings often arise.

Failure to resolve them can result in significant resistance to the proposed implementation. Therefore, companies should impart the basics and introduce and clarify misunderstandings before they are introduced.

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3. What you do not want to give up - "The Mermaid"

Overview

When managers and employees are satisfied, the willingness to change is minimal. Unless it can be shown that the positive results (Goldschatz) are very large, the risks (crutches) comparatively small and a threat to the

Existence of the company (crocodile), if its project management does not optimize. If the company does not achieve very positive results, the risks are disproportionately large and the company's existence is not endangered, NO companies will invest in whatever way. In all likelihood, implementation would be shed and valuable resources would be wasted. The company's situation would deteriorate.

4. Threatening risks in the absence of change - "The Crocodile"

Overview

Often the companies are not aware of the danger they are in due to the suboptimal project management. Very snappy crocodiles are, above all, an imminent change from customer to competition, unattractive internal projects, too long a processing time for innovations or product developments, the competitive advantage of the competition or simply a strong pressure on prices or delivery times.

Companies must keep an eye on their crocodiles. If these grow and become (even) more aggressive, there is an urgent need for action!

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Conclusion: Stand out from the competition

Overview

Changes are the order of the day - not just in the project management of a company, but in almost all areas. Good chances, too, to stand out from the competition with a good approach.

Provided that the crocodiles can be thrown down and the crocodile can be admired, the mermaid can be admired and concentrated on the pot full of gold. An increase in profits has not hurt a company!


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  1. REGIS GMBH

    Change - 3 / 3: Proper investment in 4 steps from
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    via @ berufebilder - Highly recommended e1iTytcjoe

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    Change - 3 / 3: Proper investment in 4 steps from
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    via @ berufebilder - Highly recommended 0vUocZJl4o

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    Change - 3 / 3: Proper investment in 4 steps by Claudia Simon - Highly recommended TtEYAZA6Ld - Highly recommended yjyOP4IkAJ

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