It is interesting how few modern companies have truly embraced change as a tool of leverage in their business. Yes, many new companies spring up each year looking to create a disruption in a marketplace that they can leverage for growth. Ten years ago, no one “Ubered,” but today, the taxi business has changed forever because of ride-sharing companies like Uber and Lyft. It will never go back to the situation that existed for decades. Few companies embrace change internally or do so begrudgingly. It’s as if only external change to the marketplace is okay, but not “inside the company.” Organizations know that change is inevitable and necessary, but so few leverage it. Even fewer ratchet it up a notch to HyperLeverage status by turning change into an intentional business activity.
Achieving HyperLeverage through change requires that someone at the top of your organization take the lead. Business leaders must commit to it and get buy-in at all levels. It can’t be a top-down dictate. And most importantly, it requires three key functions: a clear objective for the changes, an easy-to-digest communication message, and honest transparency for the reasons for change.
Click Follow to receive emails when this author adds content on Bublish