Leading Change Flashcards
About ____ % of change efforts fail
70%
Leading change takes a ______ strategy
comprehensive
What are some types of changes?
-mergers and Aqisitions
-new markets and products
-rebranding
About 50% of change efforts fail because of _____
not overcoming status quo bias
What is statis quo bias
People liking what is easy and familiar
How can you overcome status quo bias?
communicate the need for change, create sense of urgency
What is the most important group to get onboard for guiding coalition?
Middle managers
Not communicating what we are changing and why is
under communicating the vision
Leaders are ____ times more likely to be criticized for under communicating than over communicating with employees
10
Need _____ wins to sustain ______ motivation
short-term; long-term
How can motivation be sustained for the long term?
Quantifiable metrics that show
that the change is beneficial