Tag: managing change

The Hidden Costs of Change

One of the biggest reasons that big initiatives fail is because people have failed to assess the hidden costs of change. The benefits of pursuing a given course – launching a new product, or expanding into new territory – may be outweighed by hidden costs that motivate certain people to cling to the status quo. Unmasking …

Managing Change in an Organization

Any organization undergoing transition is in the process of managing change. To manage change effectively, the organization’s leaders should look forward and ask themselves important questions, including:

Managing Change: The CEO’s Change Strategy

A CEO of a high-tech company told me today his story of managing change…