How to know when your board and executive team need to be changed
You cannot hope to change your organisational culture if you have no idea where you want to see yourselves within the next year or two, or what particular elements within your company need to change. It is like the Australian national airline (Qantas) who finally decided it was time for change, and created a new look where not just the uniforms were given a makeover, but it also marked the beginning of a new chapter where everyone, both in the air and on the ground, will work together as one.
There is certainly no need to wait until ‘junk status’, where your company becomes obsolete due to sticking to tried and tested ways from the past, only to realise that is now too late. It is time you take a long hard look at what works for you and what works against you. Instead of spending too much time trying to prove who is right, the time can be used to challenge yourselves in finding different ways of doing things.
A lot of time may be spent on building your team by working with certain members of the team on an adhoc basis, but it does not get you anywhere in terms of discovering better, more improved methods that would change the way your business operates forever, and for the overall welfare of everyone involved.
What if various team members came to a set decision, but end up waiting on Moody’s (Managing Director or decision maker) to give the go ahead for them to move forward with their plan? This kind of attitude will only hamper the organisation’s efforts to move towards certain success that they so rightly deserve.
Often times, it is so much harder for organisations that are already established to unlearn their old ways and behaviours before they get to accept new ones. If this is the kind of behaviour you see being displayed within your company, then you know it is time for change.
The most important criteria’s to bring about change within an organisation would be training and executive coaching.
Lets take a look at each one in turn:
l Executive coaching – It is a imperative that executives within a company need to be shown what is needed to lead proposed changes, which often starts out with altering their own behaviour. What is more, they need to support the change one hundred percent, and believe that it is really needed.
2 Training - Individuals within the organisation must be trained so they get a full understanding of what exactly is expected of them in the process. They need to know how to practice the new behaviours once defined. In this regard, training is extremely useful as it demonstrates how to successfully apply new behaviours.
In addition, keeping everyone informed about the proposed changes will ensure they are fully committed, which in turn will lead to successful change.
It might be an idea to enlist the services of executive coaching in Sydney specialists who will demonstrate how you can change the structure of your organisation in order to support as well as accomplish your business goals. Even though it would require time, proper planning, commitment and a willingness to execute plans made, it can be done.
Most people become too comfortable with the way things have been done, and think that it is the way it should always be. That is until a certain occurrence rocks their world where they get to realise that if a plan is not quickly implemented, they could potentially face bankruptcy, or lose thousands if not millions of dollars in the process. It might be a tough decision to make, but one that might save your future and those with you.