COVID-19 Resources

Is Your Business Positioned to Adapt Effectively? [Getting a Handle on Your Change Readiness During Challenging Times]

Written by Jeff Plank on October 28, 2020

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No matter how the COVID-19 pandemic has impacted your business, we can all agree that 2020 has been a challenging year. Companies have had to adapt and change to be successful.

Even in a post-pandemic future, businesses must learn to navigate and manage change of many different kinds in order to keep up with their competition. How “change ready” your organization is can often be the difference between success and failure during challenging times.

According to research conducted by Mindshop, the average business leader has only a 30% probability of achieving success for their change initiative, yet certain other leaders were able to achieve an 80% probability of success. The difference? The 80%-level leaders implement the proven factors of change success.

Are you an 80%-level leader? Complete a free change-readiness online diagnostic that can identify your change potential percentage and improve your probability for change success.

If your business hasn’t considered how successful you are when implementing change, 2020 is certainly the time to start. Here are a few tips for how you can help your organization be ready for change during a pandemic and into the future.

1. Cultivate a Culture of Embracing Change and Growth

Spark discussions internally with your team members that cultivate an environment in which change is seen as a good thing. Eradicate any “that’s how we’ve always done it” rationale and encourage your employees to be curious and challenge the status quo. Lay the groundwork within your organization’s culture so that your team is open to new ideas.

Establishing a culture within your business that’s open to change is one of the best ways to be a truly change-ready organization. Don’t save the dialogue for when you’re initiating a new initiative, but facilitate an environment in which change is already welcome before it begins.

2. Communicate Clearly with Your Employees

When it comes to introducing specific change initiatives, it’s important to establish clear and consistent communication. Change may be planned, or it may come unexpectedly, so invest in methods that are reliable and can meet the needs of your specific organization when it’s time to notify your employees.

Thoughtfully consider how change is communicated to your team and anticipate (and answer in advance) their questions. Ensure that you are providing information that will equip your employees to understand specific change initiatives, how their work and roles will be affected and how the change is designed to benefit the organization.

Facilitating open communication, especially when it comes to change and how it’s managed in your business, helps to build trust in the organization and its leaders and, thereby, adoption of change.

3. Encourage Change Engagement through Innovation

Employees are more likely to adopt change and to help your initiative become successful if they play a part in the initiative themselves. Collaborate with your team so that they’re invested in and ready for change before your initiative is even off the ground.

Encouraging innovation at all levels of a business may even bring about change initiatives and constructive ideas from employees who aren’t part of the organization’s leadership or management team, which can provide valuable perspectives.

Whether you’re assembling a committee to collaborate on a specific change initiative, hosting programs that encourage entry-level employees to present their new ideas or asking for one-on-one feedback, it’s important to include your team in the process so they will be more understanding and supportive of change.

4. Measure Your Probability and Adjust

If you’ve been wasting time and resources by implementing a trial-and-error approach to change—or worse, abandoning your plans and initiatives altogether—consider measuring your probability of success so you can clearly identify how change-ready your business is.

Mindshop’s diagnostic can help you determine your organization’s change-readiness, identify which areas of your approach can improve and help you to integrate additional strategies so you can improve the probability of success of your change initiatives.

Complete the diagnostic to test the overall change probability for an organization or for the probability of success of a specific project

Is Your Organization Ready for Change?

No matter what’s on your organization’s horizon, it’s important that you’re positioned to change, adapt and respond to the dynamics of today’s environment.

If you have questions about change-readiness and how your business can measure and implement this concept within the organization, connect with your Warren Averett advisor or ask a member of our team to reach out to you.

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