You know when your company isn’t working, and the chances are that all of your employees know it, too. But businesses are typically comfortable in a routine and can often be resistant to change, even if it might lead to more financial success and a better working environment for your personnel.
Corporate restructuring can seem like a monumental task, but addressing several critical areas in detail could help make the process more manageable, efficient and effective.
Dealing with fundamental changes in phases is often considered critical. It is generally simpler to influence a smaller group of people with whom you have a direct working relationship than it would be to tackle the entire organization at once.
Start with those who report directly to you, and send your message down one tier at a time. It’s a trickle-down effect: once each management level is on board with the change you want to make, they are ready to influence those under their supervision whole-heartedly.
It might feel good to think that you know what is best for your own business, but you probably don’t. One person can’t know everything, and corporate restructuring could apply the same logic.
Consider an outside consultant; they might see problems in your organization of which you are unaware. Involve people from different aspects of your business for a complete picture of necessary changes. They can often have valuable insights on how to apply your ideas to the various departments in your company.
It doesn’t usually work to change a culture and mindset just by saying, “let’s do it.” People may not feel the same passion for change and so might find a specific process and measurable tasks a bit easier to swallow.
Make an effort to formulate a clear plan for the various stages of your restructuring. Implement a time frame and outline milestones; keep people accountable and the process moving along your schedule.
If you were working for someone else, what qualities would you want to see in that person? Take those ideal characteristics, apply them to yourself, then hold others to your standards.
To affect fundamental change, a successful leader is often wholly committed to the outcome. Collaborate with your subordinates and show them that you value their input. If they respect you as a leader, they will likely be more willing and competent in gathering support down the line.
Don’t give up on your brainchild. Corporate restructuring may be a complicated process, but it could serve to bring the people in your business together. Restructuring your business may foster a sense of pride in accomplishment and could make your company stronger than ever.