Managing Change

Strategic Agility in Cost Management
Business Strategy, Managing Change

Strategic Agility in Cost Management

https://youtu.be/uKgLPEmzwXk Paul Robinson explains Prof.John R Wells Strategic Agility in Cost Management Strategic Agility is the ability to remain fluid and respond faster to the changes within and outside your organization through improvements and innovations in products, services, operations and business models. It could be the changes in the market conditions, change in technology, customer needs and preferences, a competitor’s innovative move or reactions to potential trends or forecasts. Strategically agile companies can stay competitive in their business by adjusting and adapting to new innovative ideas and using these ideas to create new products and services as well as new business models. An agile organization senses and responds to disruption and opportunity in real...
Misconceptions about older workforce that is not true
Business Strategy, Managing Change, Organisational development

Misconceptions about older workforce that is not true

https://youtu.be/-elgaJ982ec Paul Robinson's Management insights These days, there is a misconception that younger work force is a better value proposition when it comes to hiring, training and retention. There is no doubt that the tech savvy younger work force can meet the demand of customers during these current economic climate, but that should not stop you from ignoring the old ones. There are many advantages for having older work force. They bring a wealth of experience, flexibility, institutional memory, work ethic, loyalty and reliability. If companies want to leverage old workforce, they must give up few stereotypical views about them on the first place. So, let’s look at some of the stereotypes floating around in the corporate boardrooms. ‘Older workforce is less c...
Why do people resist change in the workplace?
Managing Change

Why do people resist change in the workplace?

https://youtu.be/8JHafy_Cj7I Paul Robinson on why people resist change in the workplace The world is constantly evolving and organizations need to transform to keep up with that pace of change. When the pace of change outside an organization gets faster than the pace of change inside an organization; most organizations go extinct. Therefore, change, reinvention and transformation are all part of the new normal today. For those organizations that want to stay relevant in a market place, they must equip their employees to change before they have to. Employees are people and it's normal for them to resist change. Most people prefer predictability and stability over something unknown or unfamiliar. Here are the ten reasons why employees resist change. # Loss of Job security or co...
Why PAIN! is a great motivator for CHANGE?
Managing Change, Personal Development

Why PAIN! is a great motivator for CHANGE?

One of the major reasons why many people are not successful is, the lack of motivation. We lack motivation to do something when we have no reason to do it. The ‘why’ behind what we do is the motivation to do it. If you get a big enough ‘why’, you can get away with any ‘how’. It’s always the reasons come first and answers come second. We need to have solid and enough reasons to achieve almost anything. When purpose is lost, we are just nomads or vagabonds. Think about this for instance, when we have enough reasons to have our basic necessities in life, like food, clothing and shelter, we have them. People who do not enjoy luxury may not have enough reasons for having those luxuries. The key is this. People who enjoy all the luxuries have enough reasons to have them on the first place. F...
Five Elements of Change Management
Managing Change

Five Elements of Change Management

Organizations, just like living organisms must shred its old skin and reinvent itself from time to time. The forces of rapid change and volatility compel organizations to adapt and change faster. Leaders have to act with agility and steadfastness to stay relevant. Many initiatives like reengineering, rightsizing, restructuring, cultural change, and turnarounds have been introduced to cope up with changing environment. If we try to understand the change deeply, we will recognize the fact that change is a holistic and natural process. Based on observations of the natural world, ancient Chinese people recognized continuous patterns of transformation and change in the universe. They observed that five elements fire, water, earth, air and wind are responsible for the order and change. If we...