Change Management

Why Usage Data is Important For Change Management

Usage data is one of the most effective ways of evaluating the relevancy and value of a system. By knowing what users are viewing or not viewing, organizations are able to understand what is of value to their users and effectively manage when change needs to be communicated. Effective change management requires the use of data but few companies are transforming their data into insights to understand the needs and interests of their users.

BMS Feature Highlight: Using Change Management

Change management is fundamental in achieving successful business transformation, and successful change management can deliver organisational cultural change and establish a better team working environment. To achieve this, a sound change management framework should be adopted to ensure that all changes to content are properly assessed, approved and implemented in a controlled and systematic manner.

Be a Change Leader in 2016

The New Year is the perfect time for us to think about improvement initiatives and ways to propel our businesses towards success. We’re so focused on meeting present demands that if unprepared, change causes us to stumble over unexpected challenges and external pressures. Being inevitable, it's fundamental that we are prepared to manage change effectively for continuous improvement and success.

Success in change management is determined by an organisation’s ability to lead it. To sustain performance and remain competitive, it’s crucial that organisations adapt quickly to minimise disruption. Laying the foundations required to foster and support change is essential, and what better time than the New Year to prepare your organisation for this?

Be proactive and start thinking:

  • How can I drive change to capitalise on opportunities for growth and improvement?

  • Are we prepared to manage change in a way which aligns with our vision and business objectives?

    And more importantly…

  • Is this being communicated, implemented and monitored across all levels of the organisation? Are the risks and impacts clearly defined and understood?

Organisations need to integrate change with all elements of the business while connecting strategy to execution to ensure that the delivery of outcomes resulting from each individual process is well-evidenced.

Remember, effective change management is not just about being armoured to act intelligently. Engaging employees and stakeholders and guiding change from inception, it’s about transforming the mentality that’s met with change so that it’s embraced by the entire organisation and welcomed as a precursor to growth.

"Save the nation!" Hockey's concerns over our greying workforce

The Australian has reported today on Joe Hockey's 'call to arms'. (Article here)

The intergenerational report for 2015, has provided some forecasts that have caught Hockey's attention. Hockey now asks the nation to delay retirement until after 65.

Here are some of the report statistics:

  • 40,000 Aussies will reach the age of 100 by the middle of the century
  • Life expectancy will jump to 97 for women and 95 for men
  • By 2055, the number of people reaching retiring will have doubled
  • Unexpected trends shows that many over-60's are returning to work

The Australian working landscape is changing dramatically. Did you know that 5.5 million baby boomers will be retiring in Australia? Or that 47% of the ACT are baby boomers and over the next 5 years 150,000 baby boomers will be retiring in Canberra alone! (Jennene Buckley)

Further disrupting the working landscape is the changing attitudes of Generation Y. Australian workers aged 20-24 are three times more likely to change jobs in a year than those aged 45-54, and that nearly one in four of those aged 20-24 change jobs in any given year.

So, Joe Hockey is begging the greying workforce to stay at work. But if they don't, will you be prepared for their departure? Have you calculated the cost of their retirement to your organisation and team?

No need to panic, we've been helping organisations capture such knowledge for over 20 years. Join our breakfast seminar this month to learn how you can manage the change.

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Managing a demerger

A demerger is when a single business is broken into components, either to operate on their own, to be sold or to be dissolved. Companies generally announce a demerger on the grounds that separating the parts of a business will create value for shareholders by allowing a better strategic approach to tackling costs and growing earnings. In other cases, they may be necessary to satisfy regulators such as the Australian Competition and Consumer Commission.

Read the complete article here