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Navigating Through Change
Introduction
Businesses are comprised of people. And people, when faced with adverse conditions such as: flat or lagging sales or excessive turnover, do not change. Instead they resort to extreme behavior; doing more of what used to work for less. This dilemma causes anxiety that ultimately clouds focus. The excessive overload of work and effort that fails to gain the desired results causes depletion in self esteem, reduced efforts and an overall level of expectation that drops.
Navigating Through Change prepares business owners, CEOs, sales directors and managers for the impact of change and provides them with knowledge, strategies and practical skills to help them successfully navigate through it.
Course Overview
This course provides a systematic, process-oriented approach to implementing successful transitions in an ever changing and stressful environment. Interactivity allows each participant to recognize their ability to lead a team during adverse market conditions as well as recognize their exposure to risk in a multitude of areas. Participants complete leadership assessments during the course to assess individual areas of risk rather than deferring these important assessments to a later date. Their immediate awareness of vulnerability motivates them to implement corrective measures at the onset of an adverse change in the market.
Course Objectives
At the completion of this course you will be able to:
- List the key points of the three phases of an economic downturn:
- Phase One: The Impending Storm
- Phase Two: Battling the Elements
- Phase Three: Planning Beyond the Storm
- Explain the ten strategies for navigating in a negative economy.
- List the five strategic planning principles which enable you to distinctly position yourself in the marketplace.
- Describe how to analyze your exposure to risk in the following areas:
- Loss of current clients
- Human Resources
- Modification of existing vendor relationships
- Default of existing client payment obligations
- Project management obstacles
- Complete and discuss several risk analysis forms.
- Discuss the results of several risk analysis and assessments.
The course will be delivered via a combination of the following:
- Lecture
- Questions that require individual and group participation throughout the course
- Questions that require written responses regarding how to manage and motivate different behaviors to perform at higher levels
- Risk analysis and written assessments
- Written and verbal questions and discussion of risk reduction strategies
- "What I Have Learned" assessment
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