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Weekly Lecture
There are many metaphors for what champions of change do. Champions of change have skin in the game. They are willing to put their money where their mouth is by investing in the change itself. Said another way, they walk the talk and are willing to eat their own dog food, so to speak.
Each of these metaphors indicate that the Champion of change is willing to take on the challenge of putting words and ideas into action by being at the forefront of the change itself. To foster change, one has to go beyond just the words and the imparting of a vision – one must be willing to do the thing itself; to be the guinea pig.
An example of this is a short story about a champion of change in an organization that needed to streamline operations to be more competitive. The Champion of change, we’ll call her Joss, knew that the continued reliance on paper was slowing down her ability to do business. However, her peers were reluctant to let the tried-and-true paper-based methods go, because they believe that digitizing the paper would complicate things and ultimately wouldn’t provide any streamlining to the organization.
Joss decided to be the guinea pig and digitized her department’s paper documents to show the benefits of removing the paper from the business process. Joss was able to show that digitizing the documents reduced the time it took to service customers by 85\%. Not only were the response times to customers much faster, it showed in the customer satisfaction surveys, and the increased efficiency of her team allow them to take on more accounts without increasing personnel.
As a champion of change, Joss showed that she was willing to take the risk of the changes that she was suggesting. Her willingness to take on those risks to prove her point showed the others in the organization that the idea was both viable and brought value to the organization. Her peers quickly followed in her footsteps and further streamlined the business.
As the story shows, it’s not enough to merely talk about a change. There are other important aspects that a champion of change needs to be aware of when it comes to ‘selling’ changes to one’s peers. As any farmer knows, tilling and fertilizing the field before planting the corn provides the best environment for the growth of the crop; as Cialdini (2016) observes, it is vital to lay the preparatory groundwork in anticipation of developing an audience receptive and ready to accept change. The Champion needs to understand the goals and concerns of one’s peers. In order to do that the Champion needs to listen to peers and discover what these elements are.
It’s also important that a champion of change needs to have a vision for the possible improvements that the idea could ultimately bring to the organization. The vision needs to be realistic in order to be able to sell it to one’s peers. But even then, some peers will still be reluctant to embrace the idea. This is when the Champion should be ready to offer ways to share the risk of the possible changes. Perhaps that could be done through a pilot test, or by stepping out and doing what Joss did by trying on the change and putting it into practice themselves as a demonstration.
As the old adage goes ‘actions speak louder than words’. There’s nothing more convincing than a proponent of change taking on the challenge in making the suggested changes themselves. Talking about change and sharing of vision are important aspects of stimulating change; but the Champion of change should be willing to lead the way and where possible show how the changes can bring value to the organization.
Reference
Cialdini, R. (2016). Pre-suasion: A revolutionary way to influence and persuade. Simon & Schuster.
Links
https://fsn.co.uk/app/uploads/2019/06/FSNs-Global-Survey-Future-of-Business-Partnering-2019.pdf
https://fsn.co.uk/app/uploads/2019/01/FSN-innovation-in-the-finance-function-report-2018.pdf
https://www.blackline.com/blog/cfos-intelligent-enterprise/?ite=1020&ito=1873&itq=5d7a42aa-209a-4bb4-a992-cd20ea7d231a&itx\%5Bidio\%5D=366105
https://www.linkedin.com/pulse/digital-should-cfos-bothered-johannes-vogel/
Prior to beginning work on this discussion forum,
· Read the weekly lecture.
· Review the DargeanGrix Business Scenario document.
· Read the following:
5 Powerful Ways to Confront Change in the Workplace (Links to an external site.)
,
‘Niceness’ Can Hurt an Organization
(Links to an external site.)
,
8 Ways to Manage Change in the Workplace Effectively
(Links to an external site.)
,
Intangible Benefits Can Play Key Role in Business Case (Links to an external site.)
,
What Are the Tangible and Intangible Benefits of ERP System? (Links to an external site.)
, and
What Are Intangible Benefits?
(Links to an external site.)
In this discussion, imagine that your venture capital (VC) investment organization (DargeanGrix) is changing from the traditional communication methods of telephone or travel to face-to-face interaction with clients. DargeanGrix is now proposing to communicate with clients through video conferencing instead. Your management team has determined that DargeanGrix will be implementing a video conferencing system hosted by SeausNow Video Conferencing, Ltd., a (fictitious) outsourcing vendor. SeausNow Video will provide all video services, video conferencing accounts, and support for the video equipment that will be installed on-site for DargeanGrix.
You have been asked to provide feedback on the challenges the new video services will present in your area. Consider what kind of benefits or problems the new video conferencing system will bring to you in your DargeanGrix role.
Your role in DargeanGrix is assigned below according to the first initial of your last name. If your last name begins with
· I or R: You will be an IT operations manager.
For a quick primer on some of the responsibilities that are associated with various titles common in venture VC firms, consider reviewing the resources listed in the Recommended Resources section of the
Week 4 - Resources
page.
State your assigned role within the first line of your discussion post, then while staying within your assigned role,
· Explain in detail how you would participate in this change (e.g., explain your role in the organization, identify your needs, state your concerns and complaints, and describe your specific role in the transformation).
· Explain two benefits and one (or more) problems that you would identify from the perspective of your assigned role.
· Describe how you would approach one of the problems you’ve identified during this technological change.
DARGEANGRIX BUSINESS SCENARIO
DargeanGrix, Inc. is a fictitious international venture capitalist (VC) organization in a niche product
development market. The organization is very successful and has reported annual revenue averages of $250M
over the past seven years. A key element to their success is the warm relationships they build with their clients
and prospects.
DargeanGrix relies heavily on video conferencing and telepresence equipment for conference calls with
potential entrepreneurial investment opportunities worldwide, and for managing their portfolio of current
entrepreneur client investments. The goals for using the technology are to create a close facsimile of face-to-
face interaction to facilitate open communication, enable relationship nurturing, and foster a sense of
camaraderie among the team members while reducing both the stress and the costs of domestic and
international travel.
Company Details
500 combined domestic and international employees.
10 offices in 10 states.
250 remote employees and 250 on-site employees.
Two overseas locations, each has 50 employees.
Current Issues
A mishmash of technology is used for videoconference tools in the current environment.
There is wasted meeting time when troubleshooting frequent issues with the disparate and often
quirky video technology.
The cost of maintenance for the aging video equipment is rising.
Video calls are often full of dropouts and delays and have poor audio quality.
Customer and employee satisfaction with video calls is low as the equipment is not reliable and the
video experience is poor.
Issues with equipment and call quality means time spent in video meetings is not productive, making
the experience stressful and frustrating for those attending the video calls.
Dissatisfaction with video calls has increased travel costs.
DargeanGrix’s Long Term Goals
Reduce maintenance costs.
Reduce travel time and associated costs.
Reduce client and employee call frustration.
Provide a great client experience on every call.
Increase call productivity and effectiveness.
Increase bottom line.
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od pressure and hypertension via a community-wide intervention that targets the problem across the lifespan (i.e. includes all ages).
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Topic: Purchasing and Technology
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be aware of which features their competitors are opting to include so the product development teams can design similar or enhanced features to attract more of the market. The more unique
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Understanding Gender Fluidity
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After the components sending to the manufacturing house
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No matter which type of health care organization
With a direct sale
During the pandemic
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3. Furman v. Georgia is a U.S Supreme Court case that resolves around the Eighth Amendments ban on cruel and unsual punishment in death penalty cases. The Furman v. Georgia case was based on Furman being convicted of murder in Georgia. Furman was caught i
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4. Identify two examples of real world problems that you have observed in your personal
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We can mention at least one example of how the violation of ethical standards can be prevented. Many organizations promote ethical self-regulation by creating moral codes to help direct their business activities
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For example
The inbound logistics for William Instrument refer to purchase components from various electronic firms. During the purchase process William need to consider the quality and price of the components. In this case
4. A U.S. Supreme Court case known as Furman v. Georgia (1972) is a landmark case that involved Eighth Amendment’s ban of unusual and cruel punishment in death penalty cases (Furman v. Georgia (1972)
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CliftonLarsonAllen LLP (2013)
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The word assimilate is negative to me. I believe everyone should learn about a country that they are going to live in. It doesnt mean that they have to believe that everything in America is better than where they came from. It means that they care enough
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Summarize the advantages and disadvantages of using an Internet site as means of collecting data for psychological research (Comp 2.1) 25.0\% Summarization of the advantages and disadvantages of using an Internet site as means of collecting data for psych
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