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The new year is a time for reorganizing closets, pantry shelves, and – maybe – your company. Perhaps your company had a recent merger or acquisition. Or a reshuffling of sorts is needed for myriad other reasons. A reorganization executed correctly can hold value for a company and put it on the path to a brighter 2017.
According to ManagementHelp.org, these reasons may include high-employee turnover; employees complaining they are reporting to more than one boss; employees complaining their responsibilities run the gamut in terms of tasks; employees who do not have enough work to do or recurring problems in a particular division or department. “It is not always problems that provoke the need for reorganizing,” the website states. “For example, if the organization has been conducting strategic planning and produced new goals, these goals may require the organization to reorganize.”
“Change management is as much about strategy as it is about communication. So communicate clearly, and communicate often … until you are blue in the face,” writes Nur-e Rahman Nichols at Forbes.com. Once you address the gorilla in the room, she says, you can begin assigning change champions to put your strategy to work.
Says Stephen Heidari-Robinson, Suzanne Heywood and Barry Edmonstone-West at HBR.org: “In M&A situations … detailed information becomes available only relatively late in the process,” the article states. “A McKinsey survey in 2014 confirmed … this is the hardest part of the reorganization to get right.” Circle back and ensure that understanding of strengths and weaknesses, assumed synergies and other factors don’t need fine tuning.
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Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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