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Getting Smart About Change Management

BCG

Focus Thursday, January 05, 2017. One industry that has been a huge beneficiary of all this turbulence is the change management industry. Companies in all sectors eagerly seek its services, on the premise that a tailor-made change program will improve the trajectory of their business. It has not lived up to its promise.

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Health Systems Need to Completely Reassess How They Manage Costs

Harvard Business

hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. Cost reduction requires an honest and thorough reassessment of everything the health system does and ultimately, a change in the organization’s operating culture. Eliminating layers of management.

System 30
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3 Tactics for Accelerating Company Performance Despite an Economic Downturn

Organizational Talent Consulting

Only operating in the short term or taking too much risk and gambling on one specific future are frequent traps leaders fall into when facing economic uncertainty. Change management should be presented in a way that leads to different ways of thinking and acting. Journal of Property Management, 73(5), 13. Chermack, T.

Company 52
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4 Ways to Improve Your Leadership Communication Effectiveness

Organizational Talent Consulting

Your degree of self-awareness , self-management, motivation, empathy and interpersonal skills make up your emotional intelligence. Executive Coaching Example: A leader from one part of the world was assigned to take on operations in another in one organization. Too often, change processes begin with what is wrong. Denning, S.

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Robo-Advisers Are Coming to Consulting and Corporate Strategy

Harvard Business

Does a robot manage your money? A study by Deloitte estimated that “assets under automated management” (including hybrid offerings) in the U.S. This would represent between 10% and 15% of total retail financial assets under management. Kearney predicts that assets under “robo-management” will total $2.2

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How Hurricane Harvey Spurred a Houston Hospital to Rethink Emergency Care

Harvard Business

Although it remained open for operations during Hurricane Harvey in late August 2017, the storm caused significant moisture damage to its infrastructure, necessitating the closure of more than half of its 200 inpatient beds for several months after the storm.

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How One Hospital Improved Patient Safety in 10 Minutes a Day

Harvard Business

Most modern health care improvements seem to involve expensive technology and an uncomfortable amount of change management. When they got back to Rotterdam Eye Hospital, the managers asked themselves why couldn’t they add a similar feature to their own “team-start” huddles? Kelly Sillaste/Getty Images.