Day: April 24, 2017

Knowing When to Change

It is the time of year when we are aligning budgets and strategic plans across our organization in anticipation of the new fiscal year.  Some look at these times in an organization’s year and instinctively call for changes in practice, following the dictate that change is hard, and yet necessary. In their work Great by Choice, authors Jim Collins (of Good to Great fame) and Morten T. Hansen tackle this question by looking at differences in how very successful (what they call 10X) companies and a list of comparison organizations change their basic operating practices over time.  They found that the 10X companies had clear practices that allowed them – even in times of great disruption – to continue to “do the same thing that you are already doing well, and over and over again.”  The authors explain further by saying, “Conventional wisdom says that change is hard.  But if change is so difficult, why do we see more evidence of radical change in the less successful comparison cases?  Because change is not the most …