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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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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. So, what can leaders and companies do now to emerge stronger?

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4 Ways to Improve Your Leadership Communication Effectiveness

Organizational Talent Consulting

Executive Coaching Example: A leader from one part of the world was assigned to take on operations in another in one organization. Appreciative Inquiry is a positive, strength-based approach to change management that can bring new life to change initiatives. Too often, change processes begin with what is wrong.

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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. PM Images/Getty Images.

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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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Robo-Advisers Are Coming to Consulting and Corporate Strategy

Harvard Business

Companies are both operators and investors. Many established firms— a 2017 Deloitte survey suggested about 20% in the U.S.—are Companies in every industry can benefit from making more data and algorithm-based decisions in areas of internal operations and finance. 4 to $5 billion was invested by VCs in AI in 2016.

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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. Kelly Sillaste/Getty Images. But clinical and nonclinical staff at the Rotterdam Eye Hospital have improved patient care and raised staff morale at a very modest cost: 10 minutes a day and a special deck of cards.