This is the essence of change management. Recall the vision that made your company unique and added value and then consider how you could further achieve that vision through incremental changes to what you already do. The change can take many forms such as hiring a new executive partnering with another small business to offer more to customers or expanding into a new region. Gartner proposes a simple approach for this type of thoughtful incremental change management that defines the initial situation the desired change and the reason for it Initial situation Define the current situation together with management business partners and employees.
Goal Describe the direction in which the company should develop develop a vision for the target state. Reason Make it clear why the change is important and make sure it aligns with your business strategy. This Smarter With Gartner article explains in detail the FromToBecause method of change management. . Lego builds Specific Database with bytes and bricks Lego Lego bricks source Before the change Today it is hard to imagine that Lego once built almost exclusively on the well-known small plastic bricks. It was precisely these bricks that helped the company to succeed especially when Lego began to offer small figures as well as sets for medieval knights' castles modern cities and more.
This was all before the internet Netflix iPhone and video games all of those thousands of things that are constantly vying for children's attention today. But the world went digital and Lego lost its importance. By the mid-000s Lego was losing hundreds of millions of dollars a year laying off thousands of employees changing management and shutting down amusement parks and factories. We're losing our feet Lego CEO Jørgen Vig Knudstorp told his team. We're running out of money... [and we] probably won't survive. In order to stay afloat in the st century Lego had to think outside the box and bring about change.