CHANGE LEADERSHIP MUST BE A CORE COMPETENCE IN YOUR ORGANISATION! Danish companies and organisations are carrying out a lot of changes and more are on the way. A survey prepared by Valcon shows that Danish companies and organisations are using many resources on executing changes1. Approx 40% of the respondents have implemented at least four to six major changes over the last five years! The survey also shows that the number and complexity of changes are on the rise. No less than 80% of the respondents expect to carry out more and more complex changes in the future. What drives these changes is predominantly the need for increased efficiency as a derived effect of increased global competition (for private companies) and new politic priorities (public organisations). The overall conclusion is that successful management of the change process is more important than ever but experience also shows that this is a task that is hard to make tangible and manageable. This is also reflected in the success of Danish companies and organisations in maintaining the results of their changes. The effect is not maintained Based on the survey, we can see that many companies and organisations do not succeed in maintaining the changes. Only 30% of the respondents are successful in more than 75% of their changes while more than a third of the respondents fail in over half of their change initiatives. This means that the effect of major investments in change processes are often lost after a short period of time, and the survey shows that this often happens because the right tools have not been used for execution and retention of the changes and consequently the achieved results. The consequence of this is obviously a major waste of resources and reduced effect gain. The ability to carry out changes efficiently in the organisations will, with the expected development, be a deciding competence for the successful company or organisation. It is therefore quite interesting to be able to understand what characterises execution of change with the companies who are able to maintain the results. What are the successful doing? The survey shows that the organisations with the most success have a strong focus on the human factors in the change. And they emphasise a deliberate management of the change 4 1 Scandinavian change survey: “Leading change” can be downloaded from valcon.dk 4
Download PDF file