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Business change
Getting ahead of the curve in business
Curated by David Hain
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The Three Phases of Transformational Change

The Three Phases of Transformational Change | Business change | Scoop.it
Have you ever started out on a new path, a new philosophy or even just tried to introduce something new at work. Maybe it was a simple as trying to convince your bosses that "Dress Down Fridays" are a good idea and won't tarnish the firm's image. And did you notice what your idea had to go through to be accepted?

All change -- I've come to the conclusion -- goes through three main stages. This is Adapted from 19th century German philosopher Arthur Schopenhauer's three stages of truth -- which is that "all truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident."

My personal interpretation of this goes for transformational change too. Whether that's you suddenly telling your Mediterranean meat-eating family that you're suddenly giving up meat (that was me), or you're trying to introduce as company newsletter (me again) or you're telling your mates that you're giving up your safe corporate office job to become a coach and author (me again!) -- you will undoubtably encounter:
David Hain's insight:

Change often comes in 3 phases.  Here's one take on the trio. Useful to orientate efforts.

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How to Reduce Innovation Failures

How to Reduce Innovation Failures | Business change | Scoop.it
A study by Booz & Company shows only a quarter of all companies are effective at the start of innovation. And Stage-Gate Guru Robert Cooper shows that of every seven new product/service projects, about four enter development, 1.5 are launched, and only one succeeds.

Innovation is difficult to master. In my experience from practice, innovation really is a balancing act. It's all about finding the right balance between:

the business of today and the business of tomorrow;
creativity and business reality;
'outside the box' and 'inside the box';
breakthrough thinking and feasibility;
customer interests and company's interests;
breaking rules and fitting existing patterns;
risks and rewards.
Innovation confronts you with a lot of questions on how to start it the right way. I like to inspire you with 12 practical tips to reduce innovation failures at the start: ' a good start is half the battle'.
David Hain's insight:

If only 25% of companies are effective at the start of innovation (Booz), there's a lot to play for!

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Business transformation considered essential, but the enterprise struggles

Business transformation considered essential, but the enterprise struggles | Business change | Scoop.it
According to a new report released by Oracle and Forbes, "Making the Change: Planning, Executing and Measuring a Successful Business Transformation," emerging players on the global platform now place pressure on businesses to seek out new ways to get ahead of the competition. Transforming a business — through bringing new products to market, deploying IT systems, or major investments and acquisitions — can take countless forms, but keeping current is proving a challenge for many companies.

The study surveyed 534 senior executives at companies with at least $1 billion in annual revenue, spanning across the Americas and EMEA region. A range of industries was included, such as professional services, banking, finance, retail and engineering.

While the majority of executives surveyed — 86 percent — said business transformation is necessary for continued success, 48 percent admitted their company was only somewhat or not at all prepared to execute a transformation today.

One in five said attempts at transformation had failed, and three in five have not yet attempted to change their business to remain competitive.
David Hain's insight:

82 percent of executives cited the need for #innovation as an important driver of the need for business transformation.

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Tom Hood's curator insight, November 8, 2014 5:44 AM

Incremental change is no longer sufficient according to this latest report - "86 percent — said business transformation is necessary for continued success, 48 percent admitted their company was only somewhat or not at all prepared to execute a transformation today."

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Five Barriers to Innovation – and How to Avoid Them

Five Barriers to Innovation – and How to Avoid Them | Business change | Scoop.it
You (or your team) have identified a problem and generated some great ideas to solve it. Or perhaps there isn`t a “problem” but a great idea arrives for a new product, service or approach.
David Hain's insight:

Thanks Snell Dumont of #LeadWithGiants for this post.

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Rethinking Linear Leadership For Creativity And Innovation

Rethinking Linear Leadership For Creativity And Innovation | Business change | Scoop.it
If the solution and the destination are determined up front, it leaves little if any room for creativity and innovation…

We live and work in accountability-driven systems. And for that reason, visions and endpoints proliferate our institutions and organizations. Our destinations have often been determined before we ever begin. Not that being outcome-driven is negative…but very often, the path to get to those outcomes has already been mapped out with excruciating detail before ever beginning the journey.

What we fail to realize, is that authentic creativity and true innovation seldom, if ever, occur in a linear fashion.
David Hain's insight:

“If you want a more innovative organization, you may need to change the way you lead.”  -via ‘Collective Genius’

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Why Leaders Don’t Brag About Successfully Managing Stress

Why Leaders Don’t Brag About Successfully Managing Stress | Business change | Scoop.it
The most important question for executives under stress — whether or not you have Barra-level responsibilities — is how to counter its corrosive effects. Over the past three years I conducted interviews with 127 executives from 18 countries to explore senior executives’ sources of renewal in the face of relentless tension.
David Hain's insight:
Only 20% of leaders make stress talk and lessons valid conversations!
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Expert tips on stakeholder engagement in emerging markets

A CSR Thoughtpiece from the CSR Training Institute -Edited by Wayne Dunn This list comes from a group of experts assembled for a training program on stakeholde…
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The Drama Game – Instructions & Material

The presentation contains playing instructions and material for "The Drama Game”. 

“The Drama Game” is a story telling game to create within all stakeholders - customer & project team - a shared understanding of crucial situations ("incidents") happened in a product development project. You should play the game during your project in retrospectives or as post-mortem analysis after.


Via Ariana Amorim
David Hain's insight:

Serious play - here's a kit to learn together about change.  Ecellent idea.

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Change is changing - Riding the wave of change

Change is changing - Riding the wave of change | Business change | Scoop.it
Most company’s change management approach attempts to control change. They attempt to manage risk, resist change or control the direction of the change.

This stood them in good stead for a long while. Before the web they could shape markets, define style and taste and tell consumers what to like. They had the budgets and reach to speak to consumers in a way nobody else could.

The web has changed all of that. Everybody has a voice and that means change cannot be controlled and it cannot be resisted. Change can no longer be managed, resisted or controlled, but it can be ridden.
David Hain's insight:

"Riding the wave of change – Mavericks in organizations unsettling the status quo" via @torbenrick

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The First Rule of Positive Change Management

The First Rule of Positive Change Management | Business change | Scoop.it
Positive change management – how to talk about the big white butterfly in the room.

Via the Change Samurai
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Jacob M Engel's curator insight, October 29, 2014 2:02 PM

 “Just when the caterpillar thought that life was over, he became a butterfly.”

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A paradigm shift for SMEs: Leveraging Sustainability as a Driver for Innovation | Innovation Management

A paradigm shift for SMEs: Leveraging Sustainability as a Driver for Innovation | Innovation Management | Business change | Scoop.it
Many companies perceive sustainability requirements primarily as cost driver. However, they may also serve as sources for innovation, thus leading to profitable growth. Another aspect putting light on sustainability is the consumers’ attitude. Sensitivity for ecologically friendly and socially fair produced goods influences their choices. Such aspects are valued more and more in the industrialized countries. At the same time the demand for energy efficient products is growing all over the world encourage – and sometimes forcing – new concepts for production and application methods.
David Hain's insight:

Sustainability and growth are far from incompatible and could drive innovation.

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Inspiration, Ideation and Implementation

Inspiration, Ideation and Implementation | Business change | Scoop.it
Finally I am completely surrounded. I have that feeling of being somewhat overwhelmed, I can’t twist and turn any more, it simply will not go away. Do I throw myself off the building or decide to l...
David Hain's insight:
Design thinking is here to stay!
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The Key to Change Is Middle Management

The Key to Change Is Middle Management | Business change | Scoop.it

I studied large-scale change and innovation efforts in 56 randomly selected companies in the high-tech, retail, pharmaceutical, banking, automotive, insurance, energy, non-profit, and health care industries. My research found that the majority of the efforts failed. A hallmark of the successful 32%was the involvement of mid-level managers two or more levels below the CEO. In those cases, mid-level managers weren’t merely managing incremental change; they were leading it by working levers of power up, across and down in their organizations.


Via the Change Samurai
David Hain's insight:

"We think of mid-level managers as managing incremental change — but many are change leaders in the making. When they align their personal goals and strengths with the organization’s goals, they become extraordinary leaders." ` Behnam Tabrizi

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Anne Landreat's curator insight, October 28, 2014 5:00 AM

One of the main keys to change is middle management. Yes. Avoiding transformation processes turning into dull meetings, PowerPoint presentations and ticking the boxes exercise is another. And this may be done only by the reconquest of the human part of the entire organization, middle managers included. Because the key factor for change, deep change, is empathy. The example of nurse Michelle delaCalle shows this obviously. Put yourself in the shoes of your users, clients, subordinates, colleagues from other divisions, and even managers and see how you feel. Like it ? No ? Then change the way you act.

 

Miguel Herrera E.'s curator insight, October 29, 2014 10:07 AM

Algo así como los que comandan la fuerza de trabajo o que pueden ejecutar medidas inmediatas o efectivas.

 

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How Systems Thinking Makes You An Effective Leader

How Systems Thinking Makes You An Effective Leader | Business change | Scoop.it
There was a time when people thought of businesses as some sort of machine. However, people are not very good cogs. They are just too likely

Via Jürgen Kanz, Philippe Vallat
David Hain's insight:

The organisation you are trying to change always reflects and affects the system in which it sits. Think whole ecosystem!

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Olivia Perez's comment, November 15, 2014 12:12 AM
I defiantly believe that the business world needs people to become one team and to make themselves a team. It was interesting to read this article to kind of understand how the business world works.
Leeza Trainor's comment, November 17, 2014 9:30 AM
More people in the business world need to read this! It could help so many employee's and CEO's. Learn how to effectively communicate to make everyday at work easier
Lexie Ruscheinski's comment, November 17, 2014 10:55 PM
Very resourceful in helping companies with team building but also learning to be a team leader! Any aspiring business men and women can learn from this.
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Great Infographic: Reasons Why Employees Resist Change and How to Guide Against Resistance

Great Infographic: Reasons Why Employees Resist Change and How to Guide Against Resistance | Business change | Scoop.it
We all know that employees often resist change, but why is this? This infographic identifies twelve common reasons that employees are resistant to change, such as loss of control and bad communication strategy. It also outlines a few strategies that managers can use to help overcome this resistance. While 55% of change objectives meet their initial objectives, only 25% sustained these gains over time. To ensure long-lasting success, it’s important to take a proactive approach to employee resistance.
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Are you ready to be a social age leader?

Are you ready to be a social age leader? | Business change | Scoop.it

Industrial Age leadership was good, or at least efficient. It enabled us to get the most out of every worker; expectations were set; consequences for not meeting minimums were clear. People did what they were told, and went home.


But the Industrial Age is over. And it’s not coming back.

 

Welcome to the Social Age.

 

 


Via Roger Francis
David Hain's insight:

Get with the zeitgeist or risk falling behind.  Social is here to stay!

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Tom Hood's curator insight, November 8, 2014 8:05 AM

Love it - the move from the industrial age to the information age to the "social age". Our Leadership Academy identified the new attributes of the CPA Leader of the future as "Proactive, flexible, collaborative, trustworthy, future-focused, balanced, tech-savvy". Welcome to the social age!

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Top 14+ key elements in reducing resistance to change

Top 14+ key elements in reducing resistance to change | Business change | Scoop.it
Top 14+ key elements in reducing resistance to change - change management. Reducing employee resistance to change - Torben Rick
David Hain's insight:

The oldest and strongest emotion of mankind is fear, and the oldest and strongest kind of fear is fear of the unknown.” HP Lovecraft, via @torbenrick

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Miklos Szilagyi's curator insight, November 3, 2014 4:20 AM

Like the metaphor...:-)))

Karl Wabst's curator insight, November 3, 2014 2:01 PM

The idea that fears are a huge problem during organizational change is only half of the story.


Fear is only there to make us aware that we need to pay attention. It does not mean stop!

 

Good change leaders take psychology and neuroscience into account. Note there are at least two choices.

 

Fear triggers the fight or flight response.


There may be the impulse to run away or to try to ignore the need to change and to keep doing what you always did.  

 

A good leader knows that there is also opportunity in fear. Employees may be motivated to pay attention and fight to get to a new destination.

 

Fear of the unknown makes some people run and hide. It makes others into leaders.

Miguel Herrera E.'s curator insight, November 6, 2014 9:45 AM

Para salir de nuestra Zona de costumbres, hábitos o limitaciones

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Employee Engagement And Your Pie Hole

Employee Engagement And Your Pie Hole | Business change | Scoop.it
A program or initiative isn’t going to cut it where employee engagement is concerned; it takes a cultural overhaul that starts with a genuine dialogue. See why.
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Build a change platform, not a change program | McKinsey & Company

Build a change platform, not a change program | McKinsey & Company | Business change | Scoop.it
It’s not you, it’s your company. Management Innovation eXchange founders Gary Hamel and Michele Zanini believe that continuous improvement requires the creation of change platforms, rather than change programs ordained and implemented from the top.
David Hain's insight:
Make riding the waves of change part of your organisation DNA!
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101 Changemakers: Rebels and Radicals Who Changed US History

101 Changemakers: Rebels and Radicals Who Changed US History | Business change | Scoop.it
Book – Non-fiction. By Michele Bollinger and Dao Tran. 2012. 215 pages. A collection of 101 brief and accessible profiles of rebels, radicals, and fighters of social justice.


The editors of 101 Changemakers hope that their brief profiles of rebels and radicals will “inspire more young changemakers to shape their own history.” Too often, texts present “great individuals” in a way that leaves readers feeling small by comparison. “I could never do that,” is the message students can easily take away. 101 Changemakers focuses on extraordinary individuals, but in the context of the broader movements and events that sparked and nurtured their activism.

The editors feature the famous—like John Brown, Mary Beth Tinker, Rosa Parks, and Cesar Chavez—along with the less celebrated—like Harry Hay Jr., Mary and Carrie Dann, and Constance McMillen. Along with 500 word profiles, written by teachers and activists across the country, each selection includes a timeline of the changemaker’s life, provocative questions, and suggestions for further research.

Written for middle school students, but great for high school students, too.


Via Jocelyn Stoller
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Change #Management: A Parable on Agile

Change #Management: A Parable on Agile | Business change | Scoop.it

William was an avid planner.  For his new year’s resolution, he decided to plan each day of the coming year.  He planned the days he would do laundry and mow the lawn.  He calculated the number of miles he would drive each day so he could plan the specific days on which he would purchase gas and have the oil changed in his car.


Via the Change Samurai, Ricard Lloria
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Vodafone: Delivering Transformational Change to Emerging Markets Through CSR & Sustainability - Zawya

Vodafone: Delivering Transformational Change to Emerging Markets Through CSR & Sustainability - Zawya | Business change | Scoop.it
Vodafone's Head of Corporate Social Responsibility and Sustainability, Dana Haidan, was recently hosted at Carnegie Mellon University in Qatar to address students and faculty on the role of CSR in bringing about real transformational change in countries across the globe. Haidan discussed the barriers that prevent many people around the world from sharing in the benefits of the mobile and the data revolution and explored the reasons why they are currently finding themselves excluded, and the ways Vodafone is working to reverse this. Haidan also shared examples of Vodafone's social investment projects that are making a real difference around the world.
David Hain's insight:

According to Jeffrey Sachs, Columbia University, the mobile phone is ending isolation in all its different varieties. Vodafone CSR case.

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The Most Innovative Companies 2014

The Most Innovative Companies 2014 | Business change | Scoop.it
While innovation continues to be a top-three priority for three-quarters of the companies in BCG’s 2014 global innovation survey, fewer executives are confident in their organizations’ innovation skills. Innovation is hard. Breakthrough innovation is harder. What sets breakthrough innovators apart? And who are the most innovative companies of 2014? The following articles tell the story.
David Hain's insight:

Learn from BCGs research on innovative organisations.

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KwakJeongIl's curator insight, November 6, 2014 9:04 PM

I think immovative company is better than such a big company.

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Disruptive Sustainability: How to Be a Transformational Leader

Disruptive Sustainability: How to Be a Transformational Leader | Business change | Scoop.it
I joined over 30 sustainability leaders for Disruptive Sustainability, an inspiring pre-conference workshop led by Leith Sharp, director of executive education for sustainability leadership at Harvard University’s Center for Health and the Global Environment. A key theme that ran through Sharp’s and Leonard’s comments: We need to go beyond slowing down and ‘doing less bad’ to real transformation.  And the key to getting there, according to these two women leaders, is to adopt a new, more engaging and more collaborative leadership style. Both share a hopeful, positive vision for the future.  “A better world is possible and inevitable,” said Leonard. Both stress that change is hard. And both offered concrete tips and tools, targeted to higher education but also applicable to business.
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Introduction to Strategy Development and Strategy Execution

Introduction to Strategy Development and Strategy Execution | Business change | Scoop.it
A successful business requires both a well developed strategy and the ability to execute on that strategy. Strategy without execution is merely theory. Many companies develop robust strategies, but fail at operationalizing their strategies into implementable steps. This article provides overviews for 12 business frameworks related to various aspects of Strategy Development and Strategy Execution.
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