Remove Change Management Remove Development Remove Operations Remove Retail
article thumbnail

Data Can Do for Change Management What It Did for Marketing

Harvard Business

Take the MIT Media Lab’s experiment to see whether it could estimate retail sales performance on “Black Friday,” the day following the US Thanksgiving holiday. Combining this with data on average spend per shopper enabled them to estimate a retailer’s sales , even before the company had recorded it themselves.

article thumbnail

Change Management Is Becoming Increasingly Data-Driven. Companies Aren’t Ready

Harvard Business

Data science is becoming a reality for change management, and although it may not have arrived yet, it is time for organizations to get ready. The companies best positioned to change in the next decade will be the ones that set themselves up well now, by collecting the right kind of data and investing in their analytics capacity.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Future-Proof Are Your Leadership Skills?

Organizational Talent Consulting

No leader sets out to become obsolete, and developing leadership habits is a competitive advantage. Here are two timeless leadership skills and four low-cost, high-impact leadership development ideas to keep you growing and bring out your best in the new year. Why develop future-proof leadership skills?

article thumbnail

How to Become a Future-Ready Business - SPONSOR CONTENT FROM ACCENTURE STRATEGY

Harvard Business

Changing consumer needs, combined with shifting workforce expectations, are altering the competitive landscape and dictating transformation of existing company operating models for consumer industries. Nimble digital competitors are showing growth that the largest consumer goods and retail companies are not, for multiple reasons.

article thumbnail

The Secret to Leading Organizational Change Is Empathy

Harvard Business

These are major changes that will affect every aspect of how the firm operates — from the services it offers to the structure of her organization. A large European retail bank modeled this well during an organizational overhaul. Involve Individuals at All Levels.

Banking 53
article thumbnail

What Spinning Off a GE Business Taught Me About Managing Ultra-Fast Change

Harvard Business

Change management can be a test for any organization. Several studies by Towers Watson show that just 25% of change management initiatives are successful over the long term. Change management certainly tested us. It was a highly valued change.

article thumbnail

5 Ways to Help Employees Keep Up with Digital Transformation

Harvard Business

One of Rochet’s first tasks was to create a leadership development program that equipped executives with the knowledge, mindset, and ways of working the company would need to grow in the digital age. “A clear, easy-to-memorize digital group strategy is now vocally championed by leadership across the company,” Rochet says.

Media 37