Change Management Risk Assessment

When you are involved in a change management risk assessment, there should be some forethought into the plan before any action is taken. A hastily made decision in this critical part of your business could spell disaster, so tread cautiously in the beginning.

The first step in any change management risk assessment is to identify what will absolutely not be changed, those things that will be changed, and what items could go either way. With these three lists, you can begin the process.

On the first list for the change management risk assessment, are the things that must stay in place. Make sure these are essential to the core business and not just the preferred items. This should include key personnel, patents, the building and other capital assets.

The second list of the change management risk assessment should be the assets that definitely have no value to the company’s core business. This can include outdated equipment, space that is standing idle, underused positions in the company. Each of these should be disposed of properly. This can be by selling them off, laying them off, or renting out the space that is no longer needed. Each of these will either reduce the company’s cost or bring in a revenue stream.

The third list in the change management risk assessment is the gray area. This is where most of the time will be spent and the harder decisions that will need to be made will be located. This is the real risk assessment area in the change of management.

The harder the decisions in the change management risk assessment appear to be generally mean there is an increased level of risk. With the greater amount of risk is generally an increased of maximizing profits and potential. This is a fine line every company has to walk.

What needs to be remembered is that with change management risk assessment, there is potential for maximizing benefits but also creating obstacles. These decisions should never be taken lightly, but once a decision is made, it should be followed through with.

Comments

Post a Comment

Popular posts from this blog

Lean Methodology

The use of lean methodology has grown in the manufacturing sector since it was first implemented after World War II. As time has progressed, this methodology has been refined with the end result of creating more, faster and with less. The type of companies that can best utilize the lean methodology approach is manufacturing, because of the principles involved with it. This is to create a product with as little invested as possible in the deliverable. For a company wishing to use the lean methodology , they must first analyze their process in depth. Once the analysis has been completed in every process, the process of eliminating waste can begin on the process as a whole. Each part of the process has to contribute to the end product. The cutting of waste from each and every step in the production of a deliverable is the core essence of the lean methodology approach. This can be in the material that is added or the number of workers necessary to complete the task. The overall reductio...
Read more

Communications Register

Under what situations should I create a Communications Register for my project ? For small, medium and large projects you should always implement a Communications Register. This register will identify all of the communications events that have taken place for the project and also the communications events that are due to take place in the future. The reason for listing the communications events that are due to take place is that it provides a single place where the project manager can use and control communications to stake holders. For example the register will enable the project manager to view the status of all of the communications to date and determine whether or not the stake holders to the project are being kept in the loop and informed.
Read more

Management Methodologies

The modifying and developing of new management methodologies to fit the needs of industry is an ongoing process. With the use of a computer, this has become a much easier process than before. This has made it very easy to create, customize and import existing methodologies along with managing several of them at once. You can use management methodologies to define new process you have developed or group any set of existing process into a new methodology. There are project management methodology programs that can assist in the documentation of your new methodology so it can be used and shared by those you have approved. You can even customize a methodology for a particular size project with this type of program. The most often use of this type of software program is to use several different management methodologies and modify them to you specific needs. This way you’re working environment and available resources can be made the most of in running your project. Most programs that allow ...
Read more