5G low-risk strategies Flashcards
overcoming employee resistance to change
Employees may feel threatened by prospect of change causing stress, fear, uncertainty, if it impacts individual objectives.
Impacts of unaddressed resistance to change.
- Low productivity – sabotage – strikes – work avoidance (increasing absenteeism rates), levels of staff turnover increasing.
- Change can jeopardize employee objectives e.g earn income, good employment condition, job security, career advancement.
all low risk strategies
- communication
- empowerment
- support
- incentives
define low risk strategies
measured management approaches gradually encouraging employees to accept and participate in business change.
- communication as low risk strategy
management may overcome employee resistance by clearly / respectfully expressing in advance why and how changes need to occur.
- Can be done by email, meeting, public announcements however must be
- Quickly, clear, with respect and allow employees for feedback and possible contribution to decision making process
- empowerment as low risk strategy
empower employee with information / responsibility to decrease resistance to change. As employee become more involved in change process, their likely to be invested in success.
- support as low risk strategy
very broad term for all nurturing activities relating to understanding emotions employees feel during change and providing services to look after them through this period
- incentives as low risk strategy
involve offering reward (either financial / non-financial) if employees demonstrate desired change behaviour. Employees motivated to embrace chance as they know they’ll receive reward when performing as requested.
Incentive
e.g : pay bonus, giftcards, promotional opportunities, paid vacation
Examples: mentoring, counselling, meditation, discussion forums
STRENGHTS OF LOW-RISK STRATEGIES:
- Preserve employee morale.
- Maintain commitment to business.
- Reduce resistance.
WEAKNESS OF LOW-RISK STRATEGIES:
- Can take longer to initiate change.
- May require additional expenses and time to implement support, counselling etc.