Group items tagged

Shared by Maggie Lewis, MSLOC Instructor and Alumna "Culture is critically important to business success around the world. That was the response from an overwhelming 84 percent of the more than 2,200 participants in our 2013 Culture and Change Management Survey. The survey, conducted by the Katzenbach Center at Booz & Company, was undertaken to better understand global perceptions of culture, its impact on change, and the main barriers to successful, sustainable transformation. In addition to culture's critical role in the overall success of an organization, survey responses suggest strong correlations between the success of change programs and whether culture was leveraged in the change process. Our findings point to using a holistic, culture-oriented approach to change for the best results. Despite its critical role, however, there is a disparity between the way culture is seen by companies and the way it is treated. Less than half of participants report that their companies effectively manage culture, and more than half say a major culture overhaul is needed. How can companies close this gap, and begin to effectively leverage the power of culture to achieve more sustainable transformations?"

Results from 2013 survey of change management success, reasons for failure.

March 2, 2014 Shared by Keeley Sorokti, MSLOC alumna "Over the last few years, there has been an enormous amount of industry discussion about how the digital world is changing the way we work. To any reasonable observer, the ways that we communicate, interact, and collaborate with each other are all in the midst of profound change. At least the why seems fairly clear. At at high level, there appear to be three major root causes for why collaboration - the very core of how people come together and function as a business - is in the midst of reinvention: Hierarchical management styles break down in the face of the inherent complexity and scale of the modern business environment. New digital tools have put us in constant and direct contact with nearly every person in the developed world at virtually no cost or effort. Thus businesses are now primarily subject to the power laws of networks, rather than the legacy rules of business. There has been a sustained shift in the power of creation, as the edges of our organizations and marketplaces now have readily in hand as much - and often more - productive power and reach than our institutions. The obvious cause is today's pervasive global platforms for self-expression (yes, by this I largely mean social media, but also all forms of digital connectedness.)"

11/25/2013 by Tim Kuppler on TLNT - The Business of HR

Author: Karen Bonsignore Date: NA Shared by: Sandy Schwan, MSLOC Alum on Evolving Strategies blog Organizational leaders must fully understand the consequences of disengagement, and devote attention and resources to initiatives that will increase and sustain employee engagement. Employees are free to leave their jobs to find more fulfilling work, or a better work environment, or even a more supportive boss. However, building an engaged workforce is the responsibility of a leader: from the top-down. The reason is that while there are known factors that can drive or derail engagement, regular employees are generally not in control of company policies and practices. Consequently, the buck begins at the top.

March 28, 2014 By Torben Rick Shared by Sandy Schwan, MSLOC alumna "Organisations must become increasingly able to change quickly and easily. The business must be flexible yet capable of implementing and sustaining organisational change. Deciding what to change is one thing. Making changes stick is another. To improve your odds, use this change management checklist:"

Shared by Kim Bayma, MSLOC Student, on Twitter "The ranks of businesses that are certified B Corps are growing quickly. In 2012, when B Lab released its first annual "Best Businesses for the World" list, there were already more than 500 firms that had committed to meeting the nonprofit certifying organization's high social and environmental performance, accountability, and transparency standards. By 2013, about 650 companies had achieved B Corp status, including well-known brands like Patagonia and Ben & Jerry's. This year has seen even bigger growth, with a total of 970 companies across 60 industries in 32 countries committed to one goal: Redefining business "success" as being about more than just about making the biggest profit."

November 25, 2013 by Lisa Evans Thanksgiving provides an opportunity to reflect on all that we're grateful for, but for some companies, gratitude is not a once-a-year occasion, but is a value embedded in their company culture. Shared by Dorie Blesoff, MSLOC Instructor

Shared by Dorie Blesoff, MSLOC 441 Designing Sustainable Strategic Change Instructor