Background
Kotter International brings the personal involvement of Dr. John Kotter, the world’s leading expert on organizational change, together with world-class practitioners in change leadership, to transform the way organizations pursue large scale change initiatives and accomplish bold transformation goals.
Kotter International’s advisory approach is to walk alongside the leadership team of an organization for a period of time to support a major change initiative utilizing Dr. Kotter’s 8-Step Process for Leading Change. At the same time, our objective is to leave behind the competency for leaders at all levels within the organization to adapt to and lead future change efforts. This “walk alongside and leave behind” approach enables organizations to adapt and compete more effectively in a rapidly changing world.
The Challenge of Organizational Change
The need for large scale change comes from a variety of sources. The stakes are enormous, and the risks of failure can have both immediate and long term effects on an organization. The ability to change quickly and efficiently is not a core competency of most organizations. For nearly all organizations, change is difficult, painful and costly. In a world of ever increasing rates of change and where entire economies can shift almost overnight, the ability to change quickly and well can mean the difference between an organization thriving or dying. When a major transformation initiative arises, getting it right the first time becomes imperative.
The Benefits of the 8 Steps
The benefits of creating a core competency in change leadership are overwhelming. Organizations that lead change effectively can take advantage of significant opportunities, avoid looming hazards, and thereby create enormous value for their stakeholders. Studies show overwhelmingly that organizations that are adept at change grow faster, create more wealth, enhance customer success, gain public support, and compete more effectively. It is, in fact, the largest differentiating factor in the top performing organizations in the world.
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Successful organizational change requires a methodology that is simple, proven and replicable. For most leaders, their framework for change is “plan-execute” which has been shown over and over again to have significant drawbacks. As a result approximately 70% of major organizational change initiatives fail or fall short of their goals. Dr. Kotter’s 8-Step Process for Leading Change, which was developed after evaluating how hundreds of companies lead successful (and not so successful) change efforts, is the most widely adopted methodology for leading change in the market today. It has a proven track record in a wide variety of cases, and Kotter International is the world’s leading expert on implementing Dr. Kotter’s 8-Step Process for Leading Change.
To learn more about Strategy Acceleration Engagements contact a Kotter International professional.