Today's show is about pulling it all together. Whether you have been implementing this change plan over the last 10 weeks or you were waiting until reaching the end, it doesn't matter.
The goal has stayed the same. You know with an oncoming economic contraction (recession), your company as it exists is not ready for the challenge. This plan or map will help 'Strengthen Your Core' and come out of the contraction better than the competition and ready to take full advantage of the next economic expansion.
Given all of the shows in the series on recession proofing your business, create a plan that will strengthen your core by becoming the lowest cost producer and sharing those improvements with your core customers to hold them as a major source of revenue.
EPISODE 217: Summary
Making effective change is one of the most difficult tasks an executive/owner must undertake. Most change efforts are less than successful - it doesn't achieve all that it had to or could have. You have minimized the odds of that happening by using a time tested approach for effective change management.
EPISODE 218: The Burning Platform - Reason for the Change
This is where we started 10 weeks ago in the Executive Track. How do you make it clear to everybody that what we were doing is not possible in the future because of the contraction and here is the company's path to come out of it as strong as possible.
EPISODE 219: Creating & Building the Teams (SCRUMs & Sprints)
Once they understand that the immediate future will be different, now is the time to gain their expertise and commitment to make it happen - you don't control why it happened - only your response. Their understanding needs to center around the idea 'we are going to build the future together' so all of the ideas and fears will be addressed along the way.
EPISODE 220: The Project/Implementation Plan
Once they understand the process the next step before starting the change is the plan or road map to get there. Based on all the education and training received, now it is time to execute and having a map is essential to guide their expertise and commitment.
Next Part XII: Tracking Short-Term Wins
How to apply today's show to your business:
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