The Importance of Change Within Business

The Importance Of ChangeThomas Grice

“Instilling an adaptability to change and achieving the requisite speed of innovation are regarded as the greatest management challenges that organisations face.” The Economist Intelligence Unit 2005

Introduction

“Change is the only constant in life.” Heraclitus 500 BCE

Presentation Outline

Analysis

A good organisation will follow a business model which answers the following questions:

Given “change is the only constant in life” we can infer that the answers to these questions will be continuously changing.

Case Study: N

ew

Bu

siness M

odel

External Driving Forces For Change

Internal Driving Forces For Change

ReviewSociety is constantly changing and every organisation must embrace such changes

The Role Of A Grayce Project Analyst

Here the Grayce Project Analyst’s Role can be key in creating a successful transition back to an operating business model

“About 70% of significant changes implemented by firms …. Fail” Rick Maurer, Change Management Consultant

“Only 15% of 120 UK government transformation programmes achieved their objectives” Jonathan Palmer, Project Smart

“Most efforts at transformation fail miserably” and “In many organisations, the scarcest resource isn’t money, it’s time” Scott D Anthony, Forbes Magazine

Change Management Failures

Therefore we have established that:

Therefore A Project Analyst Should offer:

Which allows them to:

Conclusion