Hello Everyone! These blogs are meant to inspire financial awareness from an economic, business, individual and behavioral sense. I hope you enjoy!
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In today’s rapidly changing economy it is important that corporations are constantly evolving to keep pace with technological innovation and automation. Corporations of all sizes are starting to grasp an understanding of the disruption that many of these startups are causing. You don’t have to look far to see disruption to countless industries and I believe it is very important to take a step back and look at what routes could have been taken from a change management perspective. With ride-hailing apps (Uber/Lyft) severely increasing market share over yellow medallion cabs, streaming taking over DVD rentals or the clean energy transition from fossil fuels and other long term unsustainable energy sources. With this disruption, many companies are looking into implementing change management initiatives to help the crew withstand the headwinds and let the ship stay afloat during turbulent times. Today I am going to discuss the importance of the change management process to remain ever competitive in today’s rapidly changing environment, influencing/ communication of change management and lastly becoming a forward-thinking organization that is agile to increase market share.