ACCA SBL Syllabus H. Innovation, Performance Excellence & Change Management - Blockages and levers of change - Notes ^{2 / 11}

There are several requirements for change - these are called levers of change

Levers of change

1. Understanding the need for and result of change

2. Leaders committed to change

3. Effective 2 way communication to all affected

4. Leadership change qualities and skills

5. Adaption of the corporate structure (if appropriate)

6. Reward systems amended so in line with change requirements

7. CSFs and KPIs altered as necessary

8. Educating and training of employees

Blockages to change

These come from:

1. What Individuals want for themselves

2. their habits and customs

3. relationships between those involved

4. vested interests

5. organisation structure

6. entity's policies

7. resources available

8. regulations

9. events happening