Some Simple Ideas to Help You Manage Other People (FT Press Delivers Elements)
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US carmaker says rival obtained unfair advantages by bribing UAW officials. Minutes show cautious optimism on trade, with increased attention given to corporate debt levels. Chrystia Freeland poised to move into new domestic role to address fractured political landscape. Moves comes as Trump administration struggles to reach truce in trade war. Evidence suggests the downturn is ending but recovery is expected to be weak.
Samir Assaf expected to move to a non-executive role. US retailer forecasts tenth straight quarter of same-store sales growth. Spending plans risk breaching EU rules, says European Commission. German foreign minister wants stronger political ties to improve cohesion. Jacob Schram sets target of returning the embattled low-cost carrier to profit.
Many predicted that passport would supersede party — that has not happened. Thomas Bagger, chief foreign policy adviser to the German president, talks to Gideon…. Boris Johnson narrowly wins a high-stakes televised duel with Jeremy Corbyn. Share your top tip and be a part of our exclusive FT Globetrotter community. Pan-European ranking by FT and Statista takes holistic view of inclusion. Currency has performed poorly despite rate rises and a stable economy.
Market-watchers fret that equities and fixed income are becoming more closely linked.
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FT Magazine Leo Lewis. Blade Runner and the pitfalls of predicting future technologies. Diane Coyle. Valuing data is tricky but crucial. Martin Wolf. The clarity of clear reporting on progress allows for better communication, proper and timely distribution of incentives, and measuring successes and milestones. Identifying, planning, onboarding, and executing a good change management plan is dependent on good communication.
There are psychological and sociological realities inherent in group cultures. Those already involved have established skill sets, knowledge, and experiences. But they also have pecking orders, territory, and corporate customs that need to be addressed. Providing clear and open lines of communication throughout the process is a critical element in all change modalities.
The methods advocate transparency and two-way communication structures that provide avenues to vent frustrations, applaud what is working, and seamlessly change what doesn't work. Monitor and Manage Resistance, Dependencies, and Budgeting Risks Resistance is a very normal part of change management, but it can threaten the success of a project. Most resistance occurs due to a fear of the unknown.
It also occurs because there is a fair amount of risk associated with change — the risk of impacting dependencies, return on investment risks, and risks associated with allocating budget to something new. Anticipating and preparing for resistance by arming leadership with tools to manage it will aid in a smooth change lifecycle. This will help in the adoption of both your change management process as well as adoption of the change itself. Even change management strategies are commonly adjusted throughout a project.