Showing posts with label High-Performing Organizations. Show all posts
Showing posts with label High-Performing Organizations. Show all posts

20100810

IF one is going to change an organization, one needs to know what to change towards





Built To Last - Summary of Key Points Written by James Collins & Jerry Porras


About this book:
This summary of Built to Last is included because if one is going to change an organization, one needs to know what to change towards. This book is one of the best we know of that answers that question. It is one of the best pieces of research done on why certain organizations are more successful over time than others. 

Introduction:
The book makes a comparison of Visionary Companies to a comparison group of good companies. The lessons of the Visionary Companies can be learned and practiced at all levels of the organization. 

What is a Visionary Company?
For the purpose of this study they:
  1. were the premier leader in their industry, widely admired
  2. made an indelible mark on the world
  3. have multiple products and have had multiple CEO's
  4. are at least 50 years old
The authors compared 18 Visionary Companies to 18 comparison companies. The comparison companies have done more than twice as well as the stock market since 1926, while the Visionary Companies have done 15 times as well as the stock market. The comparison is through the end of 1990. Think of the comparison companies as the bronze medalists. Most of the Visionary Companies have had problems, but have displayed a remarkable resiliency in overcoming business challenges.

How Do You Compare to Visionary Companies?








How Do You Compare to Visionary Companies?
  
Exercise
 
  1. In a change effort, the exercise can be used to stimulate discussion.
  2. In management development programs, this is a good exercise to use to get people thinking about what constitutes organizational excellence.
  3. Compare your company on each of the key concepts developed in the all time classic diagnostic tool Built to Last

A Model Framework of the Change Process


 The model below is eclectic, drawing on many of the best thinkers in the field of change management: William Bridges, John Kotter, Kurt Lewin, Tom Peters, and Douglas Smith, among others.





Change Management
 

There are many models of change; Richard M. DiGeorgio and Associates employs a variety of models to help clients understand and address change.
 To download a full size hardcopy version of the Change Model click here
  
Click here to download Change Management Bibliography.


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Seizing the Upside of Complexity

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For Chief Executive Officers, change has long been a pressing challenge. Organizations now operate in a world that is substantially more volatile, uncertain, and complex.
A new global survey of 1500 CEOS found that these executives expect even greater complexity ahead - but fewer than half believe their organizations are equipped to manage it.
How do these leaders ensure that their organizations not only survive, but thrive in this increasingly uncertain economic environment?
How can CEOs embrace ambiguity, take risks that disrupt legacy business models, and lead organizations into the future?

Hear IBM leaders Saul Berman and Peter Korstner explore the challenges now facing CEOs and the ways that their organizations can capitalize on complexity.

 
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