Tuesday, 27 May 2014
Leading business Change
The book I read to research this post was Leading Business Change For Dummies by Christina Tangora Schlacter et al which is a very good book which I bought from kindle. The process of leading business change as it pertains to most businesses is doing more with less people. Employees for most businesses are their biggest expense and they can use technology and different business models to achieve this. A couple of business models featured were agile where a team meets for 10-15 minutes several times a day to discuss a problem but otherwise works on its own. Another one developed in Japan is Kaizen where a small dedicated team works together on a problem continously and looks for continual improvements. There are other models like Lean & Six Sigma and many of these have dummies books about them so I may review them at a later time. The ideal way to lead business change is to be passionate about it and get others enthused about it and be able to explain it basically in a fashion that employees can easily understand along with see the benefits to them. Often companies will merge to make them more competitive and employees especially key one are usually given a retention allowance often in the form of stocks and shares to keep them in the new company. The amount normally has to be negotiated and beware of employees who want unreasonably high amounts of retention allowance as they are probably thinking of their self rather than the company. I did quite enjoy this book which is pretty good.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment