Articles

News and opinion on Real Time Strategic Change

Mergers Fail More Often Than Marriage

Divorce rates vary according to country, educational levels and income, though generally hover between 40 percent and 50 percent in North America and Europe. A 2004 study by Bain & Company found that 70 percent of mergers failed to increase shareholder value. More recently, a 2007 study by Hay Group and the Sorbonne found that more than 90 percent of mergers in Europe fail to reach financial goals.

What can you do to avoid becoming another negative statistic?

Five Questions to Ask in Measuring Your Change Effort's Success

John Kotter wrote an article in the Harvard Business Review reporting that 70% of change efforts fall short of the objectives they were designed to achieve.

What explains this sorry state of affairs? Lots of factors make or break change efforts:

  • Support from senior leaders
  • Commitment and engagement of key stakeholders
  • Allocation of needed resources
  • And many, many more

Get Clear on Your Purpose and Outcomes And Get Results

Do you recognize yourself in any of these settings? -

  1. You’re in a meeting or on a conference call, looking at your watch and wondering when it’s going to end;
  2. Your plate is too full, you’re staying late and working weekends...and the list seems to keep getting longer and longer; or...
  3. It’s hard to get people fully “signed on” for a project or initiative, even after their name has been added to the list of team members?

Critical Success Factors For Any Change Effort

Large, complex, system-wide change is risky business. Real Time Strategic Change and the principles that guide this work ups the ante even further because it will make your future happen faster. When speed increases, your margin for error decreases. This article explains seven “must have’s” to ensure you succeed in all your RTSC work.

3 Proven Strategies to Apply When You Don’t Have Senior Leadership Support For Change Work

"How do you make change happen from the middle?"

This question was raised recently in the "After Hours Chat Room" included in the Learning Series on Real Time Strategic Change I’m hosting.

A little more background on the situation:

“… there is a huge superstructure of management over this project who bring with them some rather set approaches to making things happen which create more obstacles than they do opportunity. When leadership is not about change, how do you work with that?”

This is not an uncommon situation. I’ve experienced it myself many times. When you don’t have the needed commitment from senior leaders, here are three things you can do:

  1. Tap the wisdom in the resistance you’re experiencing from these formal leaders. You’re better off in the long run gaining and maintaining the upsides of senior leadership commitment and “micro” work you’re doing positively impacting the “macro” organization. The challenge is how to get both. Barry Johnson, a friend, colleague, and participant in the Learning Series has wise counsel about how to do this. He also has a great web site with articles and tools explaining more about Polarity Management©.

Polarity Management* Real Time Strategic Change Learning Community

Meets twice a year. Tuition: $100

Next meetings

October 15 & 16, 2009 Chicago, IL
Days Inn, Lincoln Park
644 W. Diversy Prkway
Chicago, Il 60614
773-525-7010

Purpose

To create a welcoming space in which to learn, teach, evolve, advocate and network around our passion for PM/RTSC.