Protecting firms from a ‘change failure’

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Guest practice editor Mark Lee talks to transition management expert Stephen Harvard Davis of Assimilating Talent about how to avoid the common pitfalls many firms face during corporate restructuring exercises.

Talking to partners in larger firms, it's clear that a lot of them are currently restructuring teams, generally in an effort to reduce costs and increase productivity. After weeks and sometimes months of detailed planning, a programme of change is implemented. The result is often the creation a number of new teams, but its not immediately obvious that such reorganisations can create teams full of new hires.

Unfortunately, the success rate of new teams in general is not good, according to Davis. Research s...

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11th Mar 2009 12:12

Question for you
I’ve been involved personally in a practice change program and seen a number of firms really struggle to make a success of change. I’ve formed the opinion that accountants are too nice! Do you think a key issue is management not being willing to confront “issues” of teams and team members?

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