Five reasons change management is important in times of uncertainty
In the modern world of business, change management plays an important role in delivering results and ensuring employees are successful.
Whether spurred by technological advancements, shifts in market demands, regulatory requirements, or global events, businesses must continually evolve to stay competitive, and resilient and navigate through the “new normal”.
Change management, therefore, emerges as a crucial discipline that facilitates smooth transitions and successful transformations within companies
At Marks Sattin, we recognize the pivotal role of business leaders in assessing existing models and evaluating what needs to be changed to keep moving their companies forward.
Join us as we explore some of the key areas of change management and why they’re so important for business transformation.
1. The employee experience
Companies that want to endure must be skilled at organisational transformation. Effective change management remains integral to successful business transformation. While change management covers a broad range of processes, it’s always focused on the people.
Change management involves maintaining a constant workflow while communicating seamlessly with employees. Thus, enabling them to remain motivated during the introduction of new tools and technology. Transformation in the workplace is vital for realising growth, and change management has a significant impact on employee engagement.
Managing successful periods of change can increase employee morale and drive positive team-building. However, during this process of change, leaders must understand how to change their employees’ mindsets to ensure everyone is moving in the same direction.
2. Improving performance
The change management process is about positioning a business so that it can meet the challenges of constant change in a competitive environment. It’s imperative for staying relevant.
Change management is intrinsic to business transformation, and a key advantage is that it has a positive and direct impact on performance.
Change management encourages innovation and increases productivity, which in turn, leads to stronger business performance. If companies want to succeed long-term, leaders need to understand the importance of continuous improvement, upskilling and flexibility in the face of uncertainty.
As change management strategies progress from defining the vision to target setting, every level of the company is affected, including employee performance. By implementing new methods, leaders can improve processes and the overall performance of their teams.
3. Driving strategic alignment
Change management plays a crucial role in aligning transformational initiatives with the organisation's strategic objectives. It ensures that every change effort contributes to the broader vision and mission of the company.
By maintaining this strategic alignment, organisations can prioritize resources effectively, allocate budgets wisely, and achieve sustainable growth in competitive markets.
4. Measuring and sustaining change
An often-overlooked aspect of change management is its emphasis on measuring and sustaining change over the long term.
Change management methodologies include metrics and evaluation criteria to assess the impact of transformations.
This data-driven approach enables organizations to make informed decisions, refine strategies as needed, and continuously improve their change management practices.
Change management career opportunities with Marks Sattin
At Marks Sattin, we have a dedicated team of recruitment consultants who are committed to developing careers and helping clients secure high-quality candidates.
We specialise in a variety of markets, including financial services, professional services, executive search and commerce and industry.
If you would like to learn more about how Marks Sattin can help with your recruitment, contact our team today. Alternatively, explore our change management jobs or keep reading our content for more interesting news and insights.
Signup to receive the latest discipline specific articles
Related articles
Teaser
Change & TransformationContent Type
Career Advice
03/10/24
Summary
Change management is a concept of growing importance in today’s business world, thanks to the complexities of the modern business environment and rapid societal shifts. This is where Change Mana
by
Oliver Bradley
Teaser
GeneralContent Type
General
30/07/24
Summary
Insolvency and restructuring professionals play a big role in the finance industry worldwide. They are the key in navigating companies through challenging times of change, making it a very impactf
by
Daniel Horton
Teaser
Change & TransformationContent Type
Career Advice
23/07/24
Summary
What is a change manager? A change manager ensures that business-wide changes are executed smoothly and effectively. This could be the implementation of a new process, system, or organisational
by
James Thompson
Related jobs
Salary:
£140,000 - £150,000 per annum
Location:
City of London, London
Industry
Consumer & Retail
Qualification
None specified
Market
Commerce & Industry
Salary
£125,000 - £175,000
Job Discipline
Process Improvement
Contract Type:
Permanent
Description
Head of D365F&O Support and Operations (Service Delivery)
Reference
BBBH182120
Expiry Date
01/01/01
Author
Joshua MasseyAuthor
Joshua MasseySalary:
£600 - £750 per day
Location:
City of London, London
Industry
Private Equity
Qualification
None specified
Market
Financial Services
Salary
£350 - £450
Job Discipline
Process Improvement
Contract Type:
Contract
Description
Well respected London based Private Equity business are looking for an excel modelling specialist to join their business ASAP for a 3-month+ project
Reference
BBBH181621
Expiry Date
01/01/01
Author
Mellani GeorgiouAuthor
Mellani GeorgiouSalary:
€90,000 - €120,000 per annum
Location:
Dublin City Centre, Dublin
Industry
Business Services
Qualification
None specified
Market
Commerce & Industry
Salary
£100,000 - £125,000
Job Discipline
Process Improvement
Contract Type:
Permanent
Description
Director - Digital Transformation- Financial Services - Dublin
Reference
BBBH181911
Expiry Date
01/01/01
Author
Cillian McevoyAuthor
Cillian McevoySalary:
€80,000 - €90,000 per annum
Location:
Dublin City Centre, Dublin
Industry
Business Services
Qualification
None specified
Market
Commerce & Industry
Salary
£70,000 - £80,000
Job Discipline
Change Management
Contract Type:
Permanent
Description
Associate Director Economic Consulting - Dublin City
Reference
BBBH181926
Expiry Date
01/01/01
Author
Cillian McevoyAuthor
Cillian McevoySalary:
€450 - €500 per day
Location:
Dublin
Industry
Business Services
Qualification
None specified
Market
Commerce & Industry
Salary
£350 - £450
Job Discipline
Change Management
Contract Type:
Contract
Description
Senior Business Analyst - 3 Month Day Rate Contract - Fully Remote
Reference
BBBH181930
Expiry Date
01/01/01
Author
Cillian McevoyAuthor
Cillian McevoySalary:
£500 - £550 per day
Location:
Belfast, County Antrim
Industry
Business Services
Qualification
None specified
Market
Commerce & Industry
Salary
£350 - £450
Job Discipline
Business Analysis
Contract Type:
Contract
Description
Senior Project Manager - Belfast - 8 Month Contract
Reference
BBBH182038
Expiry Date
01/01/01
Author
Cillian McevoyAuthor
Cillian McevoySalary:
£42,000 - £50,000 per annum
Location:
London
Industry
Technology
Qualification
None specified
Market
Commerce & Industry
Salary
£50,000 - £60,000
Job Discipline
Project & Programme Management
Contract Type:
Permanent
Description
Project Manager to join a leading London university. Salary between £42,400 - £50,000. Flexible work arrangements
Reference
BBBH182062
Expiry Date
01/01/01
Author
Joshua GreenhalghAuthor
Joshua GreenhalghSalary:
£70,000 - £75,000 per annum
Location:
England
Industry
Technology
Qualification
None specified
Market
Commerce & Industry
Salary
£70,000 - £80,000
Job Discipline
Process Improvement
Contract Type:
Permanent
Description
D365 Delivery Manager for a not for profit organisation through a consultancy partner. Both ERP & CRM D365 experience preferable.
Reference
BBBH182020
Expiry Date
01/01/01
Author
Joshua MasseyAuthor
Joshua MasseySalary:
€45,000 - €50,000 per annum
Location:
Dublin City Centre, Dublin
Industry
Business Services
Qualification
None specified
Market
Commerce & Industry
Salary
£40,000 - £50,000
Job Discipline
Business Analysis
Contract Type:
Permanent
Description
Business Analyst - Dublin - Consulting Firm Partnered with a boutique consulting firm who is looking add a Business Analyst due to continued growth of the firm.
Reference
BBBH181935
Expiry Date
01/01/01
Author
Cillian McevoyAuthor
Cillian McevoySalary:
£65,000 - £75,000 per annum
Location:
South London, London
Industry
Consumer & Retail
Qualification
None specified
Market
Commerce & Industry
Salary
£70,000 - £80,000
Job Discipline
Project & Programme Management
Contract Type:
Permanent
Description
A Global Retail Client seeking to hire an experienced Project Manager/ Project Consultant to work on a large digital transformation across Technology and Finance.
Reference
BBBH181932
Expiry Date
01/01/01
Author
Joshua GreenhalghAuthor
Joshua Greenhalgh