The challenge to learn the art and science of individual change is now paramount to any group success.
Lasting, productive change efforts require significant changes in
behavior to succeed. Most change management projects also require
fundamental shifts in people’s mindsets, culture, relationships,
language, and other aspects of how people work with each other. Yet,
most of today's change efforts still attempt to mandate changes in
people from the outside in, through strategies such as the threat of
job loss, new performance standards, or replacing old systems with new
ones. However, any change effort will only succeed if people choose to
change. Personal change only works if people commit to the process of
change -for themselves.
Without support and guidance however, people are reluctant to risk
or invest in the new behaviors. When an organization's leaders overtly
model the new behaviors first, they create a safe environment for their
managers and employees to also embrace change. As today's organizations
require shifts in thinking and behavior in order to succeed, their
leaders need to accept their responsibility to walk the talk they are
asking of the organization.
Despite the efforts of well-intentioned change management
professionals, most of their education and training efforts do not
produce sustainable changes in behavior.
2. Many academic and journalistic accounts have demonstrated the
effect of layoff on workers. But, the latest research demonstrates,
layoff survivors are themselves not immune to the negative effects of
downsizing and experience declines in work performance and quality of
life.
Recent studies show that the symptoms of layoff survivor's syndrome
are highly correlated with workers' perceptions of downsizing. Because
of declining job satisfaction and job commitment caused by layoffs,
productivity may in fact decline. This is an unintended consequence of
restructuring.
Unsurprisingly, economic woes are simply a wake-up call for leaders
to challenge themselves and their teams to best manage the worry and
despair and achieve even more ambitious results through rigorous
self-awareness and the new possibilities that go with it. Uncovering
the beliefs and assumptions underlying behavior and results and
replacing them with higher-performing choices via coaching is now a
must for today's leaders and managers to navigate through the choppy
economic waters.
Businesses especially need to train their managers to also become coaches during economic downturns.
Coaching and building strong teams is one of the key ways companies
can survive through a downturn and also build their business. BCI
believes that the increased enrollment of managers in coach training
courses we are experiencing shows that business leaders are seriously
beginning to rethink the ways in which they will have to run a business
in the future.
Now, more than ever before, organizations need the leadership that only economic coaching can provide. View the video below for more information on how we can help.
Learn More About Economic Coaching Here