The first thing to do when there is a management change
New management must set the ground for a reformed company vision. Here are three steps to successful vision reformation, which must be as much an emotional exercise as it is an intellectual one
A change in an organisation at any level causes ripples, as though a stone skimmed across the water in a shimmering lake. When the stone hits the surface of the water, ripples form that widens its expanse. Whether it is a significant overhaul of the senior management, a merger or even a team-level change, the ripple effect is much higher than the original impact. The impact of the ripples varies, depending on where the change is taking place. The higher up the reorganisation, the more the ripples, hence it becomes imperative to manage it well.
One of the first things that new management must do when it takes the reins is ‘Vision Reformation’. In fact, in today's rapidly changing environment, this is a good practice to repeat once every three years even if the management remains the same.
A company stands on the foundation of its mission, vision and values. New people bring in a unique set of these three fundamentals. If there is a conflict with the existing paradigms, the path forward is bound to be shaky.
There are three things to keep in mind as you reform the vision:
That said, it is essential to believe in the vision yourself. Only then can it be translated across the organisation and executed into the successful desired reality.
The author is founder and CEO of Talent Power Partners, a leadership development company based in Bengaluru, India.