During the lifespan of an organization, it’s inevitable that there will be some large decisions, changes and shifts that will occur. In fact, most companies have accepted that change and adaptability are key parts of success.
Despite this awareness, most companies find it a challenge to formulate and execute large-scale change, and few companies manage change as well as they would like to. Most initiatives like shifting technology, restructuring, downsizing or changes to corporate culture have a low success rate, the number floating around is a whopping 70% percent failure rate. Yikes!
Let’s say you have a great strategy mapped out, (in case you don’t, you may want to take a look at our Proven Principles for Developing Strategy.) From here we’d like to highlight three must-haves when communicating and executing major decisions and change:
It’s crucial to be open and explicit about what is happening. Being transparent and upfront will ensure that the trust of your team isn't hindered in this process.
Communicate and share the reasons for, and goals of, the decision. The more explanation that your can communicate the better, especially when it comes to goals. This will help unify the direction of the team throught any change.
Let your team’s voice be heard, the more this is the case, the greater your team will feel engaged with any new changes and take ownership of any new initiatives.
If you remember these three must-haves when you go to communicate any major decisions involving change within your organization, you'll be setting your team up for a higher success rate right off the bat. Do you have any must-haves that you'd like to share? We'd love to hear from you, tweet us @stratretreats