Management Diary The Quintessential Survival Guide in the Corporate Quagmire!

Change Management: Avoid Havoc In Very Uncertain Times


Escalating gas prices...tensions and turmoil in the Middle East...a struggling world economy. Leadership, in times of uncertainty, is not that much different from that of 'normal' times. What does differ is the degree to which basic tactics of change management are applied. In times of uncertainty, leaders must pay even more attention to the people issues in change. Here are five ways to avoid leadership havoc.

Get off of autopilot.
Examine your organization's strategy. With your leadership team confirm or revise your current strategy or mission. Should it change as a result of what is going on in the environment? Should it change as a result of what is going on with customers or competitors? Should you continue going in the same direction - swerve to the right or left - or take a totally new path? Don't overreact but don't sit still waiting for 'it' to pass.

Manage and multiple the impact.
During uncertain times, employees are inundated with stories of downsizing, pay reductions, etc. There's no one perfect way to communicate change. Some organizations make an enormous mistake in using only 'low touch' methods such as newsletters or the company intranet site. But 'high touch' - face-to-face encounters- is vital. One manager puts it this way: "It's important to get eyeball to eyeball - to see and react to your people." Effective communication is inclusive, candid, and decidedly two-way.

Identify your key players and re-recruit them.
Who are the most important people in your organization or team? Be aware they can be at all levels, not just the top. Meet with this them on a regular basis to monitor what is going on. Seek their input, clarify specific performance goals, give them the resources they need, let them go, and reward them in whatever way you can for results. Don't lose them or their commitment.

Get out of your ivory tower - pay attention to frontline action.
Related to the earlier point about refining existing strategies, it becomes critical to ensure that these strategies are turned into frontline action plans. Changing goals and performance outcomes must be translated so that people understand them, buy into them, and are motivated by them. This is the time to power up your people engine.

Build and maintain stretch alliances.
During uncertain times it is more important than ever to maintain strong relations with the senior leadership and with other key managers. It 's also a good time to strengthen external relationships with others such as suppliers, vendors, selected customer groups, and perhaps even other organizations in a similar "business" as you.

Change creates uncertainty for employees, customers, and suppliers. If you follow these five change management techniques you will more likely maintain productivity, retain key employees and stay sane in a world that doesn't stop changing.

Marcia Zidle, the 'people smarts' coach, works with business leaders to quickly solve their people management headaches so they can concentrate on their #1 job ­ to grow and increase profits. She offers free help through Leadership Briefing, a weekly e-newsletter with practical tips on leadership style, employee motivation, recruitment and retention and relationship management. Subscribe by going to http://leadershiphooks.com/ and get the bonus report "61 Leadership Time Savers and Life Savers". Marcia is the author of the What Really Works Handbooks ­ resources for managers on the front line and the Power-by-the-Hour programs ­ fast, convenient, real life, affordable courses for leadership and staff development. She is available for media interviews, conference presentations and panel discussions on the hottest issues affecting the workplace today. Contact Marcia at 800-971-7619.


MORE RESOURCES:

Oracle to pay $1.9B for Taleo, extends SAP rivalry - FederalNewsRadio.com

FederalNewsRadio.com

Oracle to pay $1.9B for Taleo, extends SAP rivalry
FederalNewsRadio.com
Oracle is paying $1.9 billion for Taleo Corp., a company that helps businesses manage their employees. (AP Photo/Mark Lennihan, File) By ANICK JESDANUN AP Technology Writer NEW YORK (AP) - Oracle Corp. is escalating its rivalry with German ...
Oracle to pay $1.9 billion for personnel software company, extends rivalry ...Washington Post
Oracle buying Taleo for $1.9 billion, cloud war brewsReuters
Oracle Buys Taleo for $1.9 Billion, Adds Human-Resource ToolSan Francisco Chronicle

all 482 news articles »

PetroFrontier announces change in management - Sacramento Bee

PetroFrontier announces change in management
Sacramento Bee
10, 2012 -- /PRNewswire/ - (TSX-V: PFC) - PetroFrontier Corp.("PetroFrontier") announced today that Peter Philipchuk, Vice President, Exploration, has resigned from PetroFrontier. PetroFrontier thanks Mr. Philipchuk for his service and wishes him well ...

and more »

Oracle to pay $1.9B for Taleo, extends SAP rivalry - WTOP

WTOP

Oracle to pay $1.9B for Taleo, extends SAP rivalry
WTOP
Oracle is paying $1.9 billion for Taleo Corp., a company that helps businesses manage their employees. (AP Photo/Mark Lennihan, File) By ANICK JESDANUN AP Technology Writer NEW YORK (AP) - Oracle Corp. is escalating its rivalry with German ...
Oracle's $1.9bn Deal to Buy TaleoZacks.com
Oracle to pay $1.9 billion for Taleo, extends SAP rivalryUSA TODAY
Taleo Corp Shares Downgraded to "Neutral" by JPMorgan Chase & Co. Analysts (TLEO)Web Inquirer

all 105 news articles »

TEXT-S&P revises Apollo Investment Corp outlook to stable - Reuters

TEXT-S&P revises Apollo Investment Corp outlook to stable
Reuters
(The following statement was released by the rating agency) -- Apollo Investment Corp. (AIC) has announced changes in management, a reduction in its dividend, and adjustments to its investment strategy. -- In our view, changes to the firm's investment ...
Apollo Investments Considers Capital Raise; Unveils Management ShiftsWall Street Journal
Company News for February 9, 2012Zacks.com
Apollo Investment's CEO Discusses Q3 2012 Results - Earnings Call TranscriptSeeking Alpha
Economic Times -Tech24
all 30 news articles »

Integrated Asset Management Corp. Announces Results for the First Quarter of ... - MarketWatch (press release)

Integrated Asset Management Corp. Announces Results for the First Quarter of ...
MarketWatch (press release)
TORONTO, ONTARIO, Feb 09, 2012 (MARKETWIRE via COMTEX) -- Integrated Asset Management Corp. ("IAM") /quotes/zigman/18979 CA:IAM -10.00% today announced unaudited financial results for the quarter ended December 31, 2011. Review of the 3-Month Period ...

and more »

Eaton Vance Closed-end Diversified Equity Income Funds Declare Quarterly ... - Sacramento Bee

Eaton Vance Closed-end Diversified Equity Income Funds Declare Quarterly ...
Sacramento Bee
The Funds are managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates ...

and more »

State: Revised map led to levee updates - Peoria Journal Star

State: Revised map led to levee updates
Peoria Journal Star
He did say, however, that the Federal Emergency Management Agency and the US Army Corps of Engineers became more serious about the country's levee system after the hurricane disaster. Osman said the Corps did an Illinois River study in 2002 and 2003, ...

and more »

Contract talks continue at Marathon, Tesoro refineries - Reuters

Contract talks continue at Marathon, Tesoro refineries
Reuters
Workers at the Marathon Petroleum Corp in Catlettsburg, Kentucky, and the Tesoro Corp Mandan, North Dakota, refinery have rejected management proposals on local issues, said USW spokeswoman Lynne Hancock. "They're not preparing for a strike," Hancock ...

and more »

Cabot Corporation - Growth & Income - NASDAQ

Cabot Corporation - Growth & Income
NASDAQ
Cabot Corporation ( CBT ) recently delivered its 5th consecutive positive earnings surprise as earnings per share grew 15% year-over-year. And management provided a positive outlook for 2012, prompting analysts to revise their estimates higher.

and more »

San Francisco Art Institute Under Investigation For Recruitment Practices - Huffington Post

San Francisco Art Institute Under Investigation For Recruitment Practices
Huffington Post
... recruiting practices and job placement reporting at The Art Institute of California in San Francisco and seven other Art Institute campuses across the state, according to a new filing by the for-profit college owner, Education Management Corp.

and more »
home | site map |       Disclaimer |       Privacy Policy
© 2006