Increasing change management maturity and agility: Prosci and EY Prosci change management webinar Increasing change management maturity and agility: Prosci and EY 1 …………………………………......................................... Prosci’s mission To help individuals and organizations build their own change management capabilities EMEIA Americas 55,800+ people Japan 96,700+ people 7,200+ people Asia-Pacific 31,700+ people ► 150 countries ► 1,000+ change management professionals ► 220,000+ people (enhanced cross- capability teaming) ► Numerous industry awards for change management excellence – recent awards include 5 wins out of 13 nominations from the Association of Management Consulting Firms (AMCF) through development and delivery of research-based, holistic, and easy-to-use tools and methodologies. ……………………………………....... Prosci by the #s: 9 17 80% 4,500+ 30,000+ 80,000+ Longitudinal studies Years of research Fortune 100 companies Research participants Certified practitioners Community members ……………………………………....... Contact Prosci: Telephone: +1 970 203 9332 Email: [email protected] Website: www.prosci.com 2 Copyright 2015 Prosci. All rights reserved. 1 Increasing change management maturity and agility: Prosci and EY Session objectives Need for agility Defining agility Appetite for agility Maturity model Growing capability Barriers/ challenges In this session you will: • Understand the need for agility • Explore definitions of organizational and change agility, and define agility for your own organization • Learn a simple, powerful maturity model for change capability • Receive best practices and immediately actionable steps for building change capability • Hear how organizations have tackled the challenges faced when building change agility through case studies of real Prosci and EY clients • Contribute to real-time research on the topic 3 Need for agility Defining agility Appetite for agility Maturity model Growing capability Barriers/ challenges 4 Copyright 2015 Prosci. All rights reserved. 2 Increasing change management maturity and agility: Prosci and EY Today’s change requires agility Bigger Strategic imperative: Faster Velocity of change: Demand side pull Connected Strategy is change Complex Change leadership competencies throughout Out-changing as a competitive advantage 5 Agility is an organizational imperative Market forces are continuously pushing organizations to be increasing agile in their go-tomarket strategy. Scale/growth Speed to market Greater success is found within organizations that are collaborative (as individuals and as functions); are self-organizing toward a common goal; and are adaptive, making rapid, iterative, incremental improvements with targeted client needs in mind. Increased connection with stakeholders Simplify complexity 6 Copyright 2015 Prosci. All rights reserved. 3 Increasing change management maturity and agility: Prosci and EY Enhanced agility increases market relevance Strategic vision Organizational alignment Competitive advantage Responsive change management capability is a key differentiator in enhancing organizational agility Examples in action: EY worked with a global agricultural client to enable organizational transformation with a comprehensive change management (OCM) program: • Customer-centric OCM strategy and deployment • Flexible and responsive enablement approach • More efficient operating model • Meet evolving customer needs • Enhance client to supplier collaboration and transparency 7 Contributing to real-time research Which motivators are at play in your organization’s agility effort? - Scale/growth Speed to market Increased connection with stakeholders Simplify complexity Other (type in to chat pane) 8 Copyright 2015 Prosci. All rights reserved. 4 Increasing change management maturity and agility: Prosci and EY Agenda Need for agility Defining agility Appetite for agility Maturity model Growing capability Barriers/ challenges 9 Change capability/agility DNA/fabric/norm through individual competencies and integrated CM approaches Change management Catalyzing individual transitions to deliver organizational results 10 Copyright 2015 Prosci. All rights reserved. 5 Increasing change management maturity and agility: Prosci and EY Defining agility “The speed and ability of a business to identify and react to internal and external events that could and do occur.” “The ability to transform information into insight in response to market movements.” “Organisational agility: How business can survive and thrive in turbulent times,” The Economist Intelligence Unit, 2009. Optimizing and balancing corporate agility for insurers, EYGM Limited, 2013. “The result of integrating alertness to changes with a capability to use resources in responding to such changes, all in a timely, flexible, affordable, relevant manner.” What is your definition of agility? “Understanding Organizational Agility: A Work-Design Perspective,” Clyde Holsapple, Xun Li, University of Kentucky, 2008. 11 Contributing to real-time research How do you define change agility? 12 Copyright 2015 Prosci. All rights reserved. 6 Increasing change management maturity and agility: Prosci and EY Contributing to real-time research What is the level of a common, shared definition of change agility in your organization? -5 – Complete shared definition -4 – Mostly shared definition -3 – Some shared definition -2 – Slight shared definition -1 – No shared definition 13 Agenda Need for agility Defining agility Appetite for agility Maturity model Growing capability Barriers/ challenges 14 Copyright 2015 Prosci. All rights reserved. 7 Increasing change management maturity and agility: Prosci and EY What drives an appetite to enhance organizational agility? Culture Some companies have agility built into their culture Organizations with agility integrated into their culture have a distinct advantage in the market Survival imperative Some organizations realize they have to be agile to continue to exist A robust change capability that facilitates organizational agility is a key differentiator 15 Contributing to real-time research What are your organization’s reasons/drivers for enhancing your organizational agility? 16 Copyright 2015 Prosci. All rights reserved. 8 Increasing change management maturity and agility: Prosci and EY Contributing to real-time research What is your organization’s appetite for building capability? - 5 – Huge appetite - 4 – Large appetite - 3 – Moderate appetite - 2 – Small appetite - 1 – No appetite 17 Agenda Need for agility Defining agility Appetite for agility Maturity model Growing capability Barriers/ challenges 18 Copyright 2015 Prosci. All rights reserved. 9 Increasing change management maturity and agility: Prosci and EY How mature is your organizational change capability? Level 5 Organizational Competency Level 4 Organizational Standards Level 3 Multiple Projects Level 2 Isolated Projects Level 1 Ad Hoc or Absent Continuous Change management competency is evident at all levels of the organization and is part of the organization's intellectual property and competitive edge process Maturity drivers: improvement in place • “Burning platform” • Desire Organization-wide standards and methods Selection of are broadly deployed for managing and common approach leading change • Awareness • Expertise/capability Comprehensive approach for managing change is being applied on multiple projects within organization Examples of best practices evident Little or no change management applied People-dependent without any formal practices or plans Highest profitability, responsiveness and project success rates Robust change capability enables an organization to make rapid Many different Some elements of change management are tactics used being applied in isolated projects adjustments in response to market inconsistently forces. Highest rate of project failure, turnover and productivity loss ® Prosci Change Management Maturity Model™ 19 Prosci Change Management Maturity Model™ ® Level 5 Organizational Competency Change management competency is evident at all levels of the organization and is part of the organization's intellectual property and competitive edge Continuous process improvement in place Level 4 Organizational Standards Organization-wide standards and methods are broadly deployed for managing and leading change Selection of common approach Level 3 Multiple Projects Comprehensive approach for managing change is being applied on multiple projects within organization Examples of best practices evident Level 2 Isolated Projects Some elements of change management are being applied in isolated projects Many different tactics used inconsistently Level 1 Ad Hoc or Absent Little or no change management applied People-dependent without any formal practices or plans Highest profitability, responsiveness and project success rates Highest rate of project failure, turnover and productivity loss 20 Copyright 2015 Prosci. All rights reserved. 10 Increasing change management maturity and agility: Prosci and EY Moving companies up the maturity spectrum leads to market results Examples in action: EY worked with a regional bank client to enable a technology and organizational transformation with an integrated OCM program to: • Improve business processes • Establish a structured and reusable OCM approach • Enhance stakeholder management • Respond efficiently to regulatory and reporting requirements • Leverage established and strong client culture to meet emerging market needs Examples in action: EY worked with a large US utilities client to create a road map to accelerate customer awareness and adoption to: • Create shared purpose and vision • Evaluate and enhance existing organizational resources capable of meeting evolving market needs • Meet new market forces with greater transparency, control and options • Move organization from process-driven to outcome-driven focus 21 Prosci Change Management Maturity Model™ ® Level 5 Organizational Competency Level 4 Organizational Standards Level 3 Multiple Projects Level 2 Isolated Projects Level 1 Ad Hoc or Absent Where is your organization today? ? 22 Copyright 2015 Prosci. All rights reserved. 11 Increasing change management maturity and agility: Prosci and EY Contributing to real-time research What is your current level of maturity? - Level 5 – Organizational Competency - Level 4 – Organizational Standards - Level 3 – Multiple Projects - Level 2 – Isolated Projects - Level 1 – Ad hoc or Absent 23 Agenda Need for agility Defining agility Appetite for agility Maturity model Growing capability Barriers/ challenges 24 Copyright 2015 Prosci. All rights reserved. 12 Increasing change management maturity and agility: Prosci and EY How does my organization move up the maturity spectrum? “I’d like three orders of change agility from page 145, please.” Change agility takes more than chatter, “want to” or magic. Change agility requires integrating into changes, projects and programs. 25 What is enterprise change management capability? Build individual competencies Integrate into changes, projects and programs CM Initiate Plan Design Develop Execs & Senior Leaders General Project Lifecycle Middle Managers & Supervisors Sustain Major events Kick off Initiate Plan Individual Prosci Change Journey ADKAR Milestones Model Deploy Design “Go Live” Develop Deploy ® Frontline Associates Organizational Change Mgmt Activities ® Prosci 3-Phase Process ® A Phase 1: Preparing for Change Strategy D K Phase 2: A R Phase 3: Managing Change Reinforcing Change Plans Measures 26 Copyright 2015 Prosci. All rights reserved. 13 Increasing change management maturity and agility: Prosci and EY Data on biggest barriers and obstacles • Lack of understanding of and buy-in for change management • Lack of application of change management • Poorly resourced and executed deployment effort • Conflicting priorities • No leadership commitment or consistent sponsorship • No participation by managers and supervisors • Lack of expertise • Lack of focus or prioritization Prosci research 27 Contributing to real-time research What is the biggest barrier to increasing change agility for your company? 28 Copyright 2015 Prosci. All rights reserved. 14 Increasing change management maturity and agility: Prosci and EY Removing barriers to increasing organizational agility Examples in action: EY worked with a financial services client to define, implement and scale up an organizational change management program to: • Gain stakeholder buy-in • Drive front, middle and back office impacts • Build client OCM capability • Create a self-regulated workforce • Create an embedded culture of change • Enable flexibility and speed for high-impact changes Examples in action: EY worked with a global advertising and marketing client to enable large-scale technology and organizational transformation with an integrated OCM program to: • Develop trust through highly collaborative program activities • Define nimble OCM team structure to establish ongoing organizational capability • Drive resource productivity gains • Enhance innovation and creativity by removing organizational barriers • Create a culture of continuous engagement 29 Session objectives Need for agility Defining agility Appetite for agility Maturity model Growing capability Barriers/ challenges In this session you will: • Understand the need for agility • Explore definitions of organizational and change agility, and define agility for your own organization • Learn a simple, powerful maturity model for change capability • Receive best practices and immediately actionable steps for building change capability • Hear how organizations have tackled the challenges faced when building change agility through case studies of real Prosci and EY clients • Contribute to real-time research on the topic 30 Copyright 2015 Prosci. All rights reserved. 15 Increasing change management maturity and agility: Prosci and EY EY capability support For more information, contact the following members of EY’s People and Organizational Change Leadership Team: Business engagement Business readiness Charlie Goldwasser [email protected] +1 818 355 3443 Los Angeles Dana Moore [email protected] +1 714 585 3908 Chicago The better the question. The better the answer. Nathan Fisher [email protected] +1 617 784 7338 Detroit The better the world works. 31 Prosci ECM support ECM Advisory Services Kickoff Sponsor messaging Business Case Development Charter ECM Sponsor Briefing Pilot Trainings ECM Boot Camp One-day workshop on building your Project ECMStructure strategy and plans ($889) and intent Scorecard Development Leadership Train-the-Trainer 2015 dates Sept 22 - Denver, Define theCO Sept 25 - Calgary, AB Future Oct 8 - London Oct 15 - Portland, OR Inquire re: on-site Design the Ongoing Coaching “If you're serious about achieving Transition true change Proofs of management as one of your core organizational Call +1 970 203 9332 or success competencies, then find a way to get to this course.” email [email protected] ECM Roadmap Online guide with instructions, guidance, research and tools ($479) Maturity Model Audit assessment ResourceWeb-based and apply CM of maturity across 50 observable factors $30/mo | $300/yr 32 Copyright 2015 Prosci. 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