Capacity for Change

  • Reference: DPON-55-E

  • Number of pages: 13

  • Publication Date: May 2, 2007

  • Source: IESE (España)

  • Type of Document: Technical Note

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Description

This technical note offers help for developing the management competence of capacity for change. We live in fast-moving times. Change is not waiting to happen; it is going on all the time, without stopping. For organizations, change is not a luxury, but a vital necessity. Companies must be capable of leading the way and implementing change. To do that they need to have a long-term vision and a clear strategy. And they need to have agents of change. Managers must be agents of change in companies; in other words, they must accept, internalize and promote change. Only then will they be able to put Kotter's famous "eight steps" into practice. Otherwise, companies' success will be short-lived, marked by discontinuity in leadership and mass layoffs. This technical note discusses ways to develop a capacity for change, that is, the ability to accept, internalize and promote change.

Keywords

Continual Improvement Learning Managerial Skills Organizational Change