Change your Business strategies with Time – Casey Jones
Change your Business strategies with Time Casey Jones
It is normally not easy to change but possibly it can be achieved. Changing the business strategy does not necessarily mean change of management though sometimes you may be called to bring in new blood to ensure the change is implemented effectively.
The new business strategy may have far reaching results. A change in strategic direction can result in profound changes to the organization. The effectiveness of these changes will vary depending on the process used to formulating the strategy. These approaches include a top-down approach, a bottom-up approach or an inclusive process that involves stakeholders at all levels of the organization. Some companies carry out major strategic planning sessions annually while others see strategy as an emergent process.
Change is often the most difficult phenomenon that an organization goes through. To effectively change your business strategy, the management must work towards implementing the new policies and should avoid going back to the old ones. This applies mostly to the top managers in the administration; if the administration is not adhering to the new business strategies the employees will surely find it hard to adapt. The managers must be trained on how to implement the change process. They also have to understand the new tactics in order to effectively measure the progress and efficiently manage their junior staffs. The management and the staff must work as a team to effectively bring about the desired change or face failure.
As mentioned earlier, it is important to measure the change process since it will tell if anything has changed like the time taken to help a customer. Other things to measure includes, quality of business operation, customer satisfaction level and human resource management. In addition, it helps to avoid the staff getting lost in what needs to be done in implementing the new business strategy.
To sum it up, let the employees know what needs to be done for changing the business strategies and how to do it. Changing strategy will work good, if properly thought out and plan well before starting the process. Ultimately, the most important thing is to know whether your management and staff are ready for the change.