Cathy Enz brought us through the journey of Managing Change today. In this day and age of constant change, the only truly sustainable competitive advantage you have is the ability to change. It was amazing to find out that 80% of all change strategies fail. We learned that you need to approach the science of change in a methodical manner as well as tailor the communication to a wide array stakeholders. We went through a computer simulation to implement change individually first and then in a small group. You quickly learn that you have far more success with the inclusion of leaders rather than designing and implementing organizational change on your own. I left class today with a far more structured process of how to manage change to achieve a higher success rate.
Sean