Posted on 14th October 2020 at 19:18
Many businesses are changing their focus, expanding or contracting their activities and rethinking their products and services and how they deliver them. This is particularly so during times of significant uncertainty, for example following the Covid 19 pandemic and the vote by the UK to leave the EU. In this context, businesses need to introduce and manage change to achieve objectives, whilst maintaining the commitment of their people, as well as ensuring that business continues as usual.
Yet research shows that most change initiatives fail to get their intended outcomes and may even limit business potential. The effects of not managing change effectively can be devastating, so it’s important that business owners understand the issues and techniques to support effective change. So, with this in mind we have put together a number of points to help with implementing business change during challenging time.