Businesses of all categories are always subject to change, but implementing it is a tall order. Whether it is a new start-up in Shanghai or a well-established tech brand in Singapore, emerging technology, customer demands, and methods of operations are always calling for changes. Even though implementing change is tough, there is no alternative because failing to adopt it is likely to result in failure. So, how do you prepare for the change to drive corporate success in your organisation?
The answer is adopting a culture of change. In this post, we will highlight the most important things to think about when developing a culture of change.
What is Organisational Culture?
This refers to a company’s mission, expectations, vision, objectives, and values that help to guide employees. It highlights the shared beliefs that are established in a company and reinforced via multiple methods to shape behaviour.
The culture is very crucial in defining every aspect of the company, especially communication, to help drive the company forward.
A company with a highly effective organisational culture is likely to report higher productivity. Adrian Cheng also recommends that companies should be as innovative as possible so that change can help your business to stand out.
The Most Important Things to Consider When Developing a Culture of Change
- The Company’s Mission and Vision
The changes you are targeting should be aligned with the mission and vision of your organisation. You might want to also change the mission so that it aligns with the new targets. For example, if your primary goal of the company was to reach only the Shanghai market, it might be a good idea to shift it to something like accessing more cities in the country.
- The Parties Involved
The most important party in organisational culture is the people who will be involved. By getting the employees on board, they feel part of the organisation. Therefore, they will want to see it grow because it is part of them. Your employees might even propose new changes to help take the organisation to the next level.
- Channels of Communication
The core of any organisational culture is the ability to communicate the changes under consideration. Make sure to create multiple channels of communication to allow employees to express their views. For example, if new changes are being introduced, factoring in the worries of your staff can help to build consensus.
As a result, changes would commence with everybody supporting it.
These three components are the most notable when building a culture of organisational change. Others include adopting technology, defining clear paths for career development, and motivation.
Understanding Millennials to Help Make Your Business Outdo Competition
At What Point Should Your Company Engage in Philanthropy?
Hong Kong: The Art Paradise that No Investor Want to Miss