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ACMP News: Ignitor Insights

Alina Tkachenko Self-employed Change Management Expert

Friday, May 1, 2020  
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Ave, Pandemic! There is no more business as usual.  Companies and industries are all in a survival mode with just a few exceptions. As change managers, we are to seek opportunities in the situation, besides global economic downturn, inevitable cost reduction and job losses. When it goes about survival, the first to be cut is R&D. More simplicity and agility in business set the direction for current and upcoming changes. Instead of strategic planning, short term and pragmatic solutions - safe downsizing, remote team interaction, cash buffer security… Those lucky companies, who can afford future modeling, may assess their readiness for both scenarios either market recovering or total transformation because of dramatic changes in customer behaviors. Some key trends become apparent for any kind of business changes: 

  1. Setting up a safe functioning of business comes first
  2. Reshaping strategy, having in mind different scenarios
  3. Risk assessment and mitigation
  4. Communication with all stakeholders (external and internal) with honest explanation of every step done
  5. The role of corporate leadership is high as never before.

It seems like classical stages of change management (unfreeze or create a sense of urgency) could be skipped as employees mostly demonstrate high levels of engagement to the change and can sometimes be ahead of management in this area. Anyway, pandemic is driving the whole world to change, and our professional assets and tools are in demand.  Are you ready to lean into the opportunity?

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