A Five Component Framework for Success is a four page article that examines the change process. While vision or goals are usually considered the key component, most change efforts fail due to that limited attention to the scope of change. This article examines other factors that can ensure effective change implementation.
Based on over twenty-five years of experience this model expands the leader’s role from strategic planning to include successful execution. With the success rate of change initiatives averaging between 9 to 30 percent, there is a need to expand considerations to ensure that change sticks. The five factors of managing complex change include goal setting, skills, incentives, resource and action planning.
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