Change initiatives often fail because organizations and individuals are highly resistant to change. One way to overcome this challenge is to include resistance management in every change initiative and utilize effective strategies. Let’s explore resistance management and how proper implementation can ease your team through any change initiative. What is Resistance Management? Resistance management is… Read more
Strategy and execution work together in every business. Utilizing strategy and execution means making a plan and implementing it. However, some business leaders place more emphasis on strategy while others focus on execution. Let’s dive into strategy vs. execution and how each contributes to business success. What is Strategy? A strategy is a high-level outline… Read more
We may step into a new year or another quarter as a team with many dreams and visions to work on. However, staying focused on industry trends to create efficiency and revenue-increasing momentum to enhance customer experience and employee satisfaction can take a lot of work. If you stay stagnant by sticking to traditional call… Read more
Market share provides valuable insights into a company’s competitiveness and success in the market and can be used to inform decisions about product development, marketing, and pricing strategies. Understanding and tracking market share is essential for your business to remain competitive. Let’s explore market share and dive further into the concepts that coincide with it…. Read more
Virginia Satir formulated and established the Satir Change Model, initially intended for family therapy. Satir created the model as a psychological tool developed through clinical studies. It illustrates how individuals cope with changes in their lives and relationship. However, because it relates to human behavior and is backed by clinical studies, it grew in popularity… Read more
The Nudge Theory was first known and popularized in 2008 through the book, Nudge: Improving Decisions About Health, Wealth, and Happiness. It is authored by two American scholars at the University of Chicago: behavioral economist Richard Thaler and legal scholar Cass Sunstein. Thaler and Sunstein built their work on the self-discovery model of Israeli-American psychologists… Read more
Both managers and leaders are essential members of every team and are very important for all team-building activities. Managers are vital links between the stakeholders and the company as they perform standard managerial tasks. On the other hand, leaders influence, encourage, and inspire people to willingly perform duties that contribute to achieving the objectives. As… Read more
Bastin Gerald Founder & CEO at Profit.co Last updated: April 28, 2023 In any organization, decisions can alter the company’s course and have a significant and sometimes irreversible impact on the lives of employees, stakeholders, and everyone involved. Decision-making occurs at different levels, depending on the size of the company. Everyone plays a different role… Read more
The Bridges Transition Model was formulated and established by William Bridges, an American author, speaker, and organizational consultant. Bridges’ background and life work largely revolved around transitions and their role in organizations’ change process. Bridges has an educational background from Harvard, Brown, and Columbia. His actual model first appeared in his book “Managing Transitions” published… Read more
The Kubler-Ross Model, more popularly known as the “five stages of grief,” was established and introduced by Swiss-American psychiatrist Elisabeth Kübler-Ross. Her 1969 book “On Death and Dying” first mentioned it. Terminally ill patients inspired the book, and Kübler-Ross posited that there are five phases to grief that humans universally go through. Although it was… Read more
The ADKAR Model is a fairly new model created by entrepreneur Jeff Hiatt with the individualistic journey of change in mind. Jeff Hiatt founded Prosci, a company centered on providing change management solutions. He has written various books about implementing a change management framework and the best model for his company. In this model, Hiatt… Read more
A strategy implementation plan is crucial for businesses to effectively execute their strategy by breaking it down into specific tasks, assigning responsibilities, establishing timelines, and tracking progress. A strategy implementation plan is a detailed roadmap that clearly defines the steps and activities required to execute the strategy effectively. Content Index What is a strategy implementation… Read more
