Purposeful Talent Development: 10 steps to effective change management – Part 1

In the rapidly evolving financial services industry, every leader needs to be proficient in guiding their organization and people through change. However, in my work with credit unions, I have found change management to be one of the most overlooked and undervalued leadership skills. The lack of a strategic approach often dooms important change initiatives to failure.

The good news is that leaders can improve their change management skills by becoming more systematic in their approach. Effectively managing every element of a change project greatly increases the chances of achieving and sustaining the change you desire, both operationally and within the team’s behavior.

I’ve identified 10 key steps to guide you through effective change management. Whether you’re managing a structural, operational, technological, personnel or cultural change, the steps are essentially the same.

 

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