3 Posts found for Author: Patrick Litre

When Merck KGaA, the German chemicals and pharmaceuticals concern, acquired US biotech equipment supplier Millipore, managers drew up a two-by-two chart representing every group in the organization on two dimensions: their importance in achieving the integration goals and the degree of disruption they would experience from the upcoming change. That allowed the leadership team to focus on supporting the people who were most important to … [ Read more ]

Author: Patrick Litre | Source: Results Delivery: Managing the Highs and Lows of Change | Original Publication: Bain | Subject: Mergers & Acquisitions

Change depends on the effectiveness of those providing the consequences – the sponsors of the change. But sponsorship is a cascading process and a “black hole” anywhere along the line will stop the change process below it. That’s why it’s essential to build a Sponsorship Spine from the bottom up. You can’t really appoint sponsors. You start by targeting the people who will need to … [ Read more ]

Author: Patrick Litre | Source: Realize results: Busting Three Common Myths of Change Management | Original Publication: Bain | Subject: Change Management

Every change initiative has its own unique risk profile. Bain has identified 30 specific risks that threaten to disrupt change efforts, things like poor sponsorship and change overload. These risks tend to occur with predictable patterns over the life cycle of a change. But only a handful of these risks determine success or failure at each stage. At the beginning of a change initiative, for … [ Read more ]

Author: Patrick Litre | Source: Realize results: Busting Three Common Myths of Change Management | Original Publication: Bain | Subjects: Change Management, Organizational Behavior