“It’s only when you start to really press CEOs on precisely what is the purpose of their business that you realize that they often do not have a clear notion of it,” says Colin Mayer, a professor at the Saïd Business School at Oxford University. “Or it often does boil down — in the case of publicly listed companies — to something about profit, rather than about companies producing goods and services that benefit us as customers and communities and, in the process, producing profits.
”Developing a shared sense of meaning inside an enterprise and communicating what the company stands for and "why" it is in business to the external world is a powerful tool for shaping culture, driving innovation, and creating a sustainable organization. This job of “creating meaning” for an organization is one of the most important functions a leader has.
As stated by Majdi B. Abulaban, president of Delphi E/EA, Delphi Engineered Components Group & Delphi Asia Pacific: “If you are in business, you will face disruption and change. Find meaning in what is happening around you. Only then can you explain it and have people embrace it with a common purpose. Only then can you reinvent yourself.”
Would you like to look into this topic more seriously and investigate the opportunities that exist for your organization?Then reach out to us and we will be pleased to discuss this and other tactics that can help you attract and retain next-generation talent to your company.
In today's healthcare landscape, the crucial role of effective change management cannot be overstated as organizations strive to transform patient experiences. As technology advancements like EHRs and telemedicine reshape healthcare delivery, and patient-centered care becomes increasingly paramount, navigating these changes requires strategic and adept management. This journey, marked by rising patient expectations and healthcare consumerism, necessitates not only innovative strategies but also a robust change management approach to ensure successful implementation and adoption. Emphasizing change management is key in this evolution, paving the way for healthcare providers to create a more empathetic, effective, and patient-focused future.
The article underscores the importance of change management in healthcare, emphasizing its role in guiding organizations through technological advances, regulatory changes, and evolving patient needs. It highlights the necessity of integrating new technologies, reshaping governance and organizational structures, and fostering a culture of innovation.
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