Friday, March 09, 2007

Four Factors of Transformative Initiative

- Still on change management. Sirkin, Keenan & Jackson (HBR, Oct 2005, 83 (10), pp 96-106) mentioned about the combination of four key factors that create a continuum - from projects that are set up to succeed to those that are set up to fail. These factors ('dice') determine the outcome of any transformation initiative:
d - the duration of time until the change program is completed;
i - integrity; i.e its ability to complete the initiative on time;
c - commitment to change that top management (c1) and employees (c2); and
e - effort over & above the usual work that change initiative demands of employees.