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Why build the organizational competency to manage change?

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Why build the organizational competency to manage change?

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Factor 1 Competitive advantage Building the organizational competency to effectively implement and manage change is one of the key ways you can set yourself apart from your competitors. In todays marketplace, many organizations have seen the sources of their historic competitive advantage erode. Rapid access to information, common technologies, best practices, suppliers and markets has resulted in parity for many organizations. The new, global economy is forcing organizations to change the way they do work locally and abroad. So, if you can no longer rely on historic sources of competitive advantage, how will you set your organization apart? Imagine that your organization can more quickly and more effectively react to change with less impact on productivity. People are ready for change and expect that it is going to happen. Questions are targeted. General resistance is mitigated or prevented. Each new project has a plan and approach for managing the human side of change. This is what i

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