5 Mistakes to Avoid During a Restructure

Let's Grow Leaders

“We’ve got some exciting changes next year which will include an important restructure to streamline efficiencies and operations. Restructuring in Waves. ” You’ve taken what could have been a month’s worth of restructuring and spread the pain and suffering out across nine months to a year. I once received the entire restructuring plan, including all impacted names, intended for another “Karin.”

When to Restructure | N2Growth Blog

N2Growth Blog

This is so much the case that some CEOs will avoid restructuring initiatives at all costs. There are even some business theorists that warn against undertaking complex restructurings because of the great risks involved. link] dovgordon It may just be me, but I think some people rush to things like restructuring because it's a nice distraction from real work.

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A Primer on Restructuring Your Company’s Finances

Harvard Business

Understand your options, both in and out of court. Financial management Reorganization Finance & Accounting Business law Digital Article

Overcoming the Abysmal Reorganizing and Restructuring Failure Rates

The Practical Leader

” BCG’s study identified six critical factors that cause reorganization and restructuring efforts to succeed or fail: Synchronize Design with Strategy. What’s amazingly common and incredibly idiotic is how often senior executives impose reorganization and restructuring from the top down. management leadership organizational change Organizational Restructuring The Boston Consulting Group values-based culture W.

The Missing Ingredient in Kraft Heinz’s Restructuring

Harvard Business

As the company cut costs, its ability to innovate suffered. Mergers & acquisitions Change management Reorganization Digital Article

Restructure Your Organization to Actually Advance Racial Justice

Harvard Business

It’s time to make foundational changes. Organizational culture Race Diversity Digital Article

Which Hybrid Work Model Is Best for Your Business?

Harvard Business

International business Organizational structure Change management International business Organizational restructuring Change management Digital ArticleFour options international companies should consider.

Aligning Team Goals with Organizational Objectives « Survive Your.

Survive Your Promotion

You may have heard it batted around in meetings and if you have been through a restructuring recently, it was probably cited as one of the reasons behind the re-org. Survive Your Promotion! Tips for New Managers on Navigating the Transition from Individual Contributor to Team Leader Skip to content Home About the Book About Katy Recommended Reading ← FREE Goal Planning Toolkit!

One Crucial Way to Release Your Team’s Best Thinking

Let's Grow Leaders

Our company’s insurance provider had restructured all their plans, and the numbers didn’t look good. Your Team’s Best Thinking Won’t Always Raise Its Hand Medical insurance rates had gone up again.

Goldman Sachs Decides Restructuring Work Is Possible, After All

Harvard Business Review

After years of hearing that it was impossible to restructure jobs to make them more doable, guess what? According to The Wall Street Journal , when Goldman Sachs discovered it couldn’t attract and retain the most promising recruits with pay and perks alone, it woke up to the idea that you can actually restructure the way work is done. Now they tell us.

In Their Time: A book review by Bob Morris

First Friday Book Synopsis

Singleton Nitin Nohria Paths to Power Restructuring Stewart H. In Their Time: The Greatest Business Leaders Of The Twentieth Century Anthony J. Mayo and Nitin Nohria Harvard Business Press (2005) How great business leaders “seized the zeitgeist of their times&# I recently re-read Paths to Power, co-authored by Anthony Mayo and Nitin Nohria with Laura G. Singleton, as well as this book in which [.].

Leadership Roundtable: STOP for 90 Minutes and Disrupt your Thinking

My Own Coach

What is your biggest challenge in restructuring the business - deciding who to make redundant, actually making them redundant or dealing with the aftermath?

The Quest of Better Outcomes: Hierarchy Versus Process

QAspire

a lot of companies focus on restructuring their organization structure (hierarchy). Home Go to QAspire.com Guest Posts Disclaimer The Quest of Better Outcomes: Hierarchy And Process In quest of better outcomes (efficiency, results, productivity, improvements etc.), Periodically, they overhaul their structure, add new positions and assign new/diverse responsibilities to people. Tuning hierarchy and structure of the organization for better outcomes is just one part.

6 Reasons Many Leadership Competency Models Fail

The Practical Leader

Dozens of studies have shown that 50 – 70% of organization improvement initiatives like customer service, leadership development, performance management systems, restructuring, quality improvement, etc., Most progressive organizations today are using leadership competency models to outline the key skills and behaviors they want to see in their supervisors, managers, and executives.

7 Ways to Make Team Meetings Work Today

Leadership Freak

When everyone groans before team meetings, it’s time to: Restructure the way… Continue reading → Teams Leadership Development organizational successTeam meetings that don’t work drain vitality. We’ve all been there. The leader is in love with their own voice, for example.

Study Shows Power of Leadership Behaviors Supported by Management Systems and Processes

The Practical Leader

Way too often executives will use organizational restructuring (often including mergers and acquisitions), implementing new systems — especially technology, tightening policies and procedures, or introduce programs like Lean/Six Sigma, safety, or cost cutting to drive organizational change. A new study was recently published by the global management consulting firm, Boston Consulting Group (BCG).

“Shift Happens” Video Ignites Discussion on How We Need to Change or We’ll be Changed

The Practical Leader

Organizational Restructuring/Building. management Colorado Springs culture change culture development customer service employee engagement Employee Morale employee productivity Generational Change leadership leadership development New Business Development organization change organization performance Organizational Restructuring Peak Performance Leadership sales training Shift Happens succession planning

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3 Things Great Leaders Know About Managing Change

Lead Change Blog

I’m working with a client right now who is leading his organization through a massive restructuring. Posted in Change Management Leadership Coaching. He engaged me to help with the inevitable human reactions to monumental change. My favorite line I heard from him on enabling his employees to accomplish the transition successfully is: “I can’t just hand them a business card [.]. Change Management Leadership Coaching Change Character-based Leadership

Interview With Robert Strzelecki CEO Of TenderHut Group

CEO Insider

He leads innovative projects, prepares companies for sale or restructuring, and also introduces complex IT systems within businesses. Robert Strzelecki is the CEO of the TenderHut Group from Poland. He graduated from the Polish-Japanese Academy of Information Technology and has been working in the IT industry for over 20 years. TenderHut is a technological capital […]. CEO Insider

Three Must Do’s for Leaders Leading Through Change

Next Level Blog

As reported in the New York Times this week, the World Bank is in the midst of a two year restructuring effort. The basic goal of the change is to shift from the Bank’s decades-long regional structure to one that is organized around areas of functional expertise. Another goal is to reduce expenses. Everyone’s world is being rocked there and the criticism and rumors are flying.

Mindful Mondays: When is “Good Enough” Good Enough?

Next Level Blog

Corporate restructurings and 24/7 access through smart phones are two of the big ones. One of the reasons I’m writing my new book, Overworked and Overwhelmed: The Mindfulness Alternative, is because I’ve worked with a lot of leaders over the past several years who find themselves trapped on the gerbil wheel of too much to do and not enough time to do it. There are a lot of reasons for that. Click headline to continue. Mindful Mondays mindfulness perfection productivity workload

What Employees Want to Know Most in Times of Change to Eliminate the Grapevine

leaderCommunicator

Another restructuring, transformation, cutback, change at the senior leadership level. Often the biggest complaints from employees today is about all the change going on. and on and on. Change is the Norm. Change can be exhausting for employees; yet it can also be exhilarating and help evolve an organization in a great way. Regardless, the most important thing for employees to realize is that change IS.

Managing Change Effectively

Lead Change Blog

The new business strategy necessitated an organisational restructuring, which they handled internally, with the support of some expertise from their Board of Trustees. I was recently asked back, a year on from the completion of the restructuring process, to revisit the business strategy and help the staff team develop and refresh it. It is always fascinating to engage with a cultural change process, and a recent encounter was no exception.

Leading Teams Through Disruption

Roundtable Talk

Reorgs and restructurings are predicted to exceed 2008’s record high. To say that we are going through uncertain times would be the understatement of the year. Around the world, every company today is being disrupted.

Curiosity is the Real Power That Drives Effective Leadership!

Lead Change Blog

An organisation recruited me to help resolve an internal team issue arising from a budget-driven restructuring programme. Are you a curious leader? I have long believed in the power of curiosity to drive my effectiveness as a leader.

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What Will Female C-Suite Leadership Look Like Post COVID?

N2Growth Blog

Resilient leadership will help leaders respond appropriately, restructure, and ultimately thrive past COVID. The composition of C-suite leadership across the spectrum is notably different than it used to be ten or so years ago.

6 Essential Skills for Future Leaders

Career Advancement

Knowing how to help employees grow their confidence and push themselves to tackle new hurdles will be especially vital as organizations restructure job roles and organizational functions.

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December 2020 Leadership Development Carnival

Lead Change Blog

Jon Verbeck provided Deep Cuts: Have You Restructured Enough ? Jon writes: “ With the crazy 2020 economy, all of my clients have restructured in some way. But now as we move into the new year, we need to ask the question, “Have we restructured enough?” Welcome to the December 2020 Leadership Development Carnival!

Mentoring Matters – Sylvie Doré

Roundtable Talk

Roundtable Mentor, Sylvie Doré, Sales Director, Central & Western Canada at Jobillico, shared his advice for keeping a team motivated and confident after a stressful restructuring.

Change on the Run: Surviving Workplace Uncertainty

Leading Blog

Most people grapple with multiple disruptions, from hybrid teams to restructuring, digital transformations, and mergers and acquisitions.

Mentoring Matters – Chad Crago

Roundtable Talk

Roundtable Mentor, Chad Crago, Senior Manager, Leadership Development at Walmart, shared his advice for keeping a team motivated and confident after a stressful restructuring. “Being aware and honest with yourself around your own reactions allows you to prepare, and to be intentional in your approach.” ” READ MORE. Latest News & Insights Member Spotlight Career Management Engagement leadership lessons Motivation performance

6 Essential Skills for Future Leaders

Career Advancement

Knowing how to help employees grow their confidence and push themselves to tackle new hurdles will be especially vital as organizations restructure job roles and organizational functions.

Skills 156

Weekly Round-Up: The World's Best Workplaces, Future of Internal Comms, Increase Trust in Your Leadership, Leadership Tips & Insights, 10 Laws of Trust

leaderCommunicator

Frequent corporate restructurings in the United States and Canada. Welcome to my weekly round-up of the best-of-the-best recent leadership and communication blog posts. This Week's Round-Up of Leadership and Communication Blogs: How the World’s Best Workplaces Create a Great Global Culture By Ed Frauenheim ( @edfrauenheim via @FortuneMagazine ), Fortune In the largest-ever study of workplace culture, research and analytics firm Great Place to Work surveyed 3.4

10 Steps to Take if Your Business is Going Bankrupt

Strategy Driven

This is where a business has to restructure their company debt, contacting their debtors to arrange manageable payment instalments or liquidate assets to pay off outstanding debts. Restructure the Business.

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RESISTANCE TO CHANGE RECONSIDERED

Lead Change Blog

Automation, restructurings, force reductions, and other changes were undertaken to improve competitiveness and productivity do have a human cost; telling the truth and treating people with respect will foster greater trust. Change is a permanent feature of organizations; resistance is an expected part of the journey. Due to neuroscience research, we understand that change often triggers a threat response in the brain. Change means uncertainty, which is an uncomfortable state for many.

Wired for Authenticity

Lead Change Blog

Trends including the rapid pace of change, constant restructuring, and a 24/7 always-on work environment are creating overwhelmed employees and eroding trust in workplaces. Leadership today is more challenging than ever. Organizations need leaders who drive engagement, innovation, and outstanding client experiences. How can you be this type of leader?

Mentoring Matters – Fiona Ellis

Roundtable Talk

Roundtable Mentor, Fiona Ellis, AVP, Dealer Relations at Canadian Tire, shared her advice for keeping a team motivated and confident after a stressful restructuring. “As leaders, we need to be empathetic, respond truthfully and give employees a chance to process the changes before asking them to resume business as normal.” ” READ MORE. Latest News & Insights Member Spotlight Career Management Engagement leadership lessons Motivation performance

5 Tips for Achieving a Successful Business Merger

Strategy Driven

A restructure may also result in economies of scale. You can restructure activities across all related documents and transactions, and do so within a secure environment. Merging your business with another entity has a number of potential benefits.

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How to Manage International Expansion

Strategy Driven

Doing this will mean that you are able to measure goals as you go, which will allow you to evaluate progress and restructure if necessary. Overseas expansion represents a hugely valuable opportunity for any business, regardless of what industry they are in.

3 Types of Merger and Acquisition Transactions

Strategy Driven

Restructuring is necessary so that operating costs are not doubled. There are many reasons why one company may merge with or acquire another company. Sometimes it may be out of convenience and other times it is a necessity.

Small Business Bankruptcy – The Next Steps

Strategy Driven

Bankruptcy might be your best shot at eliminating debts and restructuring your finances. Under chapter 11, business entities like LLCs and corporations can restructure their debt by selling some assets.

Empowering your Workforce in Increments

Lead Change Blog

I currently mentor a close colleague, who has recently experienced probably the worst example of organisational restructuring and change management that I have witnessed in over forty years! While he successfully competed and secured a senior management position in the new structure, that badly-handled process has caused significant damage to his belief in the organisation, its vision, mission and values! Likewise, the same is true for many of his colleagues, most of whom I know.

Quoted at Forbes: 10 ways CEOs can avoid alienating their management teams

ReImagine Work

Keeping management in the loop, whether you’re involved in an acquisition, a restructure or a crisis of sorts, is the key to getting through any challenge. Forbes, June 8, 2016: Gone are the days of the “untouchable” CEO. Today, in order to be most effective, CEOs must make communication a top priority.