Change

A Checklist and Process for Conducting Rapid Due Diligence on Your Own Company

By: Michael Kanazawa

When economic storms strike businesses, often the first move is to quickly reorganize to reduce costs. This is often a necessary move to reduce the fixed cost structure of the business. However, if done without a sense of strategy and priorities, it can damage healthy parts of the business and miss the opportunity for even deeper reductions in ailing parts of the business. The ability to conduct a rapid and sound strategic assessment can create an important distinction between flailing and decisive action. Conducting a form of due diligence on your own company can provide a fast way to set direction and priorities without just relying on gut feel, politics, and outdated assumptions to make the changes. In this post we share a specific checklist and process to get through an assessment fast. (more…)

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By: Michael Kanazawa

The American Management Association recently published an article I wrote in ‘Executive Matters’ that highlights the challenges with traditional approaches to corporate change programs and three key tips for making sure that your corporate change efforts succeed. People have become highly skeptical and jaded about corporate change programs…and often for good reason. The article provides a great overview and specific tips for a better and more accelerated approach to change management.

For a full copy of the article, click here.

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