Describe the key steps in the change process.
What is a self-reinforcing sequence? bring an example of this kind of sequence.
Make sure you support your thoughts with credible sources of information you may find via LIRN.
PROFESSOR’S GUIDANCE FOR THIS WEEK’S LE:
The change affects your most important asset, your people. Losing employees is costly due to the associated recruitment costs and the time involved in getting new employees up to speed. Each time an employee walks out the door, essential intimate knowledge of your business leaves with them. A change management plan can support a smooth transition and ensure your employees are guided through the change journey. The harsh fact is that approximately 70 percent of change initiatives fail due to negative employee attitudes and unproductive management behavior. Using the services of a professional change management consultant could ensure you are in the winning 30 percent.
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