Change is ongoing in all businesses today, on some level. As the world advances, organisations must do the same to keep ahead of the tide. For some companies this involves small adjustments, however many are faced with large scale organisational transition, and they simply aren’t equipped to handle it.
The consequences of failing to manage change effectively are severe and far reaching – and considering that the rate of failure for change initiatives is estimated to be around 50% this is of major concern to organisations across the world.
To successfully handle mergers, acquisitions or any large-scale change in your organisation, you need a solid strategy, and a firm grasp of everything that is going on within the organisation from the ground up. If you want to address company culture, you need to fully understand the current culture first. …
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