GET STARTED
Who do you want to get coached?
Take the first steps towards improving you career or skilling up your whole team.
All fields are mandatory. We respect your data and will not sell it to 3rd parties.
Who do you want to get coached?
GOT QUESTIONS?
Call Us 4008 740 029
Info@glocoach.com
Great, to get started we need some contact details
GOT QUESTIONS?
Call Us 4008 740 029
Info@glocoach.com
We Coach. We Advise. We Share.
Compact Coaching Program
2 * 90 minutes coaching sessions
Benefits:
Standard Coaching Program
6 * 90 minutes coaching sessions
Benefits:
Premium Coaching Program
12 * 90 minutes coaching sessions
Benefits:
GOT QUESTIONS?
Call Us 4008 740 029
Info@glocoach.com
GOT QUESTIONS?
Call Us 4008 740 029
Info@glocoach.com
GOT QUESTIONS?
Call Us 4008 740 029
Info@glocoach.com
We will contact you regarding your request as soon as possible.In the mean time, why not take a look at our free resources?
We will call you on during working hours as soon as possible.In the mean time why not take a look at our free resources?
We will contact your learning and development responsible as soon as possible.
We should have you and your collegues up and running in 2 to 3 weeks.
For now, why not take a look at some of our free resources?
Great Choice! Choose your payment method to complete your subscription.
GOT QUESTIONS?
Call Us 4008 740 029
Info@glocoach.com
Go to your email inbox to log into your new dashboard
GOT QUESTIONS? TALK TO US
One of the most common topics of interests - and concern - I’ve been hearing about this year is business transformation. Almost all leaders I meet have completed, are in the process or are planning some kind of organizational change. As one APAC head recently asked rhetorically: “Who isn’t reorganizing?” Reasons include the “new reality” of the Chinese economy, how to adjust to the new workforce, how to become agile in a VUCA environment or simply the pressure to improve margins/reduce costs. Having not only observed, but experienced several reorganizations myself - some successful, most of them not - I want to share some thoughts on the topic.
It is estimated that 70% of M&As are not achieving projected synergies or are outright failures. There are plenty of examples where senior management is introducing organizational reforms for mid-level management to simply “weather the storm” until a new plan is ready. Although the scenarios are very different, some of the root causes of failed restructurings are the same: lack of communication and support of key team members across the organization.
Business transformation is the process of improving efficiency, effectiveness and stakeholder satisfaction by fundamentally changing processes, systems, technologies and people. And it won’t happen unless that fourth element is fully engaged. However, moving into new territory, changing how the organization conducts its business, how people interact, can be very stressful for all parties involved. The challenge is exacerbated by uncertainty caused by staff feeling uninformed and left out. Leaders often focus on strategic and financial plans and underestimate the importance of understanding the complexity of their organization’s culture and people. The communication with the staff is often very process driven instead of focusing on the benefits for the people involved. Furthermore, frequently there is information overflow, shared too late in the process, when the rumor mill has been turning and churning, resulting in an almost paralyzed organization. Once the dust settles, people are even further demotivated by not perceiving themselves to be ready and supported for their role in the new organization.
So what needs to be done? The successful transformations I observed have a few things in common: they focus on a very clear and simple message to stakeholders; they are communicated well; and they consider the impact and needs of the individuals involved. This process includes:
Communicate Strategy
Plan communication timelineStrengthen Team
Bring key people at differentProvide Support
Understand which support needsWhile many of the organizational change challenges are global, China exhibits a few unique aspects. Due to the meteoritic rise of the economy and the sheer size of the domestic market, many professionals have been riding the wave from one promotion to another, never having to leave the country or experience a downturn. The lack of experience in dealing with market contractions and adjustments leave these professionals exposed in times of organizational change. In short, chances are that many mid-level managers are ill-equipped to handle big changes. It is therefore senior management’s responsibility to provide appropriate support.
Many roads can lead to success in times of change. However, planning and involving key people early on, aligning on vision and bringing the staff on board for the new journey ahead will be crucial for success, no matter how a management team accomplishes that. Even with the best planning, communicating the vision, building the team and providing the right support is often more art than science. My next article will focus on successful communication strategies.
Do you agree or disagree with the author? Please let us know your opinion or share your experiences.
“Want to discuss Business Agility and Transformation with other key leaders in the industry? Sign up for GloCoach’s eGility Workshop here .”