How Challenge Consulting helps you successfully lead change initiatives
Step 1: Long-Term Strategy
Organisations that commit to a long-term strategy for anticipated changes are more likely to achieve
financial returns following downsizing. As seen in Figure 2, when downsizing is not strategically managed
or left unmanaged, the negative impact of the change is more pronounced and longer-lasting.
Equipping your Senior Leaders with the skills to define this long-term strategy is critical to the success of
the anticipated downsizing. Challenge Consulting works with your Senior Leaders to examine:
Risks and benefits of different change strategies in your organisation
ROI and business case for downsizing versus alternatives to downsizing
A long-term strategy for future growth for the organisation
Challenge Consulting also works with your Senior Leaders to develop an implementation plan to take
your organisation forward, which will include:
Consultation plan - consultation and involvement during the change process - with who,
about what, how much should employees be involved?
Communication plan -– internal, external, initial, and ongoing
Engagement plan - steps to ensure employee engagement with the long-term vision and
strategy for the change