There is some hope that the crisis is peaking from a health and economic perspective. There is no denying that the pandemic has caused people to stop and think about how they are doing business and why they are doing what they do. However, in this article our Managing Director Áine Kiely O’Donnell suggests that the businesses who have used this time to think about organisational change in their businesses will be better positioned to maintain their competitive edge.
The Crisis Might Be Peaking. Have You Focused On The Change Needed For Your Business?
Use this unique and testing time to:
STOP – THINK – REVIEW – PLAN – REACT
Type of Change – Questions to Consider
Ask yourself the following questions:
- is there an opportunity here?
- what is the opportunity you see?,
- what is the opportunity you have taken in this time of change? Were these opportunities gained or were they opportunities lost.
- what is your future business plan looking like now?
A rethink of how we can work better and improve our business model and business performance requires deep change in how operational innovation can transform your business.
Operational innovation is changing how we do business in an operational sense rather than the operational excellence that we have discussed in previous articles.
What is Operational Innovation? – the way to rework in your own industry
We have evidence of the agility of many businesses in the past months created out of necessity. The ‘learnings’ here are critical for business and it is important we are open to these opportunities that present in these changing times.
Rethink and Rework – the re-engineering of your business model for better success.
Some benefits:
- Customer Retention, Market Share, Agility to Implement Strategy, New Markets
- Competitive Pricing, Differentiated Offering
- Customer Relationship and Support – Value Added
What Is The Operational Benefit of Organisational Change?
- Lower cost – Efficient process implementation and automation
- Turnaround Time –Added Value – Simplify the process
- Customers – how did we manage and protect and develop our relationships
- Culture – Culture can undervalue operation, impossible to change unless it is independent Mgmt
The crisis has taught me many things. One of the most important things is that time is precious. If you haven’t already, you should be using this time to look at how your business is structured and ask yourself; what is a necessity and where do I want to take the business?
Why Choose AAL?
AAL has significant experience in assisting business owners in realigning their businesses. Sometimes the changes were brought about by a simple desire for change, other times the economy changed and they needed to pivot. We have enjoyed much success in both sets of circumstances and we would be happy to share testimonials with you.
We see our role as supporting your organisation in managing the uncertainty of the past number of months. Our role is also to position your company so that it can continue to grow even as the economy experiences major challenges.
We do this by identifying what needs to be changed and improving business processes with the review of your human capital and aligning capabilities.
Our experts provide independent analysis that is focused on one thing only; making sure that your business can perform to its very best.
Contact Us About Your Organisational Change Journey
Talk to us today on 052 61 37775 or complete your details below.
Further Reading from AAL
We have written extensively about the impact of Covid-19 in recent weeks and how businesses can utilise the time to better position themselves for a time when life returns to normal. You can read some of our most read articles on the topic below.
AAL COVID-19 Resources – Managing Your Company In A Time of Crisis
AAL has been providing an extensive amount of information for client companies impacted by COVID-19. The global economy has experienced a shock of the type not seen since the onset of the Great Depression almost one hundred years ago. Government measures have resulted in some companies having to cease operations for the duration of the crisis. Others have been forced to look at new ways of working in an effort to continue operating at this time.
We have compiled some of our most read articles and most relevant communications to client companies to enable you to understand how the COVID-19 crisis impacts on you and your company.
Our company is working with our a wide range of companies, across many sectors, at the moment and we are helping them to deal with the current crisis. We are also helping them to look at how their company might come out through ‘the other side’ of the COVID-19 crisis as a stronger company. Contact us today on 052 61 37775 if you would like to speak to us about how we might be able to help your company through COVID-19. Read the full article here.
It’s Time To Start Thinking Differently
In times of disruption or crisis, novel circumstances abound. Organisational change will drive growth in businesses. Understanding the contours of what is happening and what is most likely to happen next can be the difficult piece, especially if you are a traditional thinker. Áine Kiely O’Donnell looks at new ways of thinking that might help you, and your business, in these extraordinary times. Read more here.