CrisMarie Campbell & Susan Clarke, Authors, The Beauty of Conflict: Harnessing Your Team’s Competitive Advantage
Let’s begin by acknowledging an undisputable truth: Change is difficult. For everybody. Plus, it’s often unsuccessful. In fact, a survey done by the Economist Intelligence Unit uncovered that the failure rate for change is about 44%. That’s a lot of wasted time, energy, and money.
Don’t wind up in the 44%. As a leader, make your company’s change successful.
As business owners and leaders, we touch hundreds of lives. It is a tremendous privilege and awesome responsibility. We know the risks of creating and molding something. In spite of our success, we live each day in some amount of dread or fear that what we envision might fail.
Michelle Seger, Global Sales Strategy & Change Management Leader, SalesGlobe
It can start with a whisper: We’re merging… our sales comp is down the drain.
When dramatic change occurs within a company, like a merger or acquisition, a vacuum of communication from leadership will be filled with rumor. One of the most common: an acquisition depletes an organization’s resources so much that staff cuts will be necessary. In reality, human capital is essential to organizational success, and a significant asset in a merger or company purchase. So, when should employees start hearing about organizational change?
Steve Andrew, Vice President, Marketing, IFS North America
The United States economy is nearing full employment. As the availability of skilled employees continues to tighten, talent has become a primary constraint faced by businesses intent on growth. And at this point in the 21st Century requires the adoption of technologies that deliver the benefits of digital transformation, which make employees with the ability to implement and leverage technology a prerequisite for growth.
As a CEO, are you investing in the development of Emotional Intelligence in your organization? If not, your competitors probably are.
Recently, there has been a resurgence in the popularity of Emotional Intelligence as evidenced in magazines articles – including Time, Inc. Magazine, Forbes, the Harvard Business Review and many more. In addition, the number of times the term Emotional Intelligence is being searched on Google has increased steadily over the past 3 years.