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Why your business strategies must constantly change

Moira Alexander | Aug. 12, 2015
"If you do not change direction, you may end up where you are heading." -Lao Tzu

Although change can be exhilarating for the business and leadership team, it's important to recognize it can be terrifying for employees. In order to effectively address change, the leadership team and EPMO will need to carefully cultivate a positive and productive internal environment where employees have trust in the management team at all levels. Additionally, it's imperative that employees feel and believe their contributions are not only needed, but highly valued, and that change will not negatively impact their roles within the organization. 

Business leaders will need to not only be seen as embracing change themselves, but also foster a corporate culture at all levels that thrives and excels despite change. 

As strategy drives portfolios rather than portfolios driving strategy, tomorrow's transformational leaders will need to motivate and encourage continuous improvement throughout continuous change in order to obtain successful and meaningful project, portfolio and business outcomes.

EPMOs and business leaders should strive to successfully identify, effectively manage, accurately measure, closely monitor and clearly communicate changes and change management strategies throughout their organizations. This will facilitate and drive business strategy in a way that positions their organizations to achieve and maintain the levels of success they envision.

 

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