Business Change Management: Knowing The Effect Of Executive Support In Business Change
No matter what the state of the financial world, businesses must continue to engage in change. But sometimes, even when change endeavors are started with fervor, they could fizzle in a while. The stock answer to this problem in business change is to get executive support. The higher management and the business change people may not see eye to eye regarding what determines executive support.
Normally, what happens is a business change endeavor is presented. Top management give it approval and an executive is placed “in charge” of the project. That assigned executive will be the one to distribute appropriate funds, designate a manager for the project and then signs off the deal. The front office then knows that the initiative is supported, and doesn’t worry about it too much after.
From the perspective of the business change team, considerably more support than funds and approval are required. As with a lot of other projects, there are so many factors to take into consideration. These things often require the authority of top management to resolve. Although in our corporate world today, this kind of support is seldom given.
This happens because in the work environment, there are two conflicting needs. One is the drive to bring about business change to keep the business alive in a competitive world. Then, there is the need to run the business to keep it profitable now. Unless somebody is doing something to address the issue, running the business is often more important than business change.
Problems that arise when running the business are the most pressing ones. A flooded store needs to be repaired right now. The issues that come with running the business are demanding and difficult to brush off. All the same, for success to happen in business change, the higher management must think of a way to support change endeavors, while meeting the present needs of the business as well.
A great way to achieve this is by designating an executive to handle only the business change initiatives. The great thing is that this executive can handle all the change initiatives as well as the problems that go along with it, without having to be distracted with running the business. This way, he has the power to work directly with the top management to make business change a priority.
For more information, please see our website: Business Change Management
No comments yet.
feel free to leave a comment
All fields marked with " * " are required.
