THE EO BLOG
Monthly Archives: September 2010
- Business Activity in US Unexpectedly Accelerates – Bloomberg.com: Business activity in the U.S. unexpectedly accelerated in September, a sign manufacturers are still at the forefront of the recovery.
- Finding an Audience Online – Inc.com: Three years ago, as Facebook and MySpace were becoming household names, Greg Stallkamp, 32, saw the need for a fitness-based social network — a forum in which users could share training tips as well as marathon times.
- : German stocks swung between gains and losses as a slump at Deutsche Bank AG offset gains at Bayerische Motoren Werke AG, amid concern this month’s rally on the DAX Index has outpaced the prospects for global economic growth.
- House Set to Approve Bill Aimed at China Yuan – Reuters.com: The House of Representatives is poised on Wednesday to pass legislation to pressure China to let its yuan currency rise more quickly, fanning the flames of a long-running dispute over trade and jobs.
By Maya Townsend, MSOD, a member of the NTL Institute. The NTL Institute delivers powerful learning solutions for organizations, leaders and practitioners who have a clear stake in accelerating individual, team and organization effectiveness.
It takes time and a surprising amount of effort to shift an organization to a new way of operating. Yet, organizations change constantly in order to implement new processes, adopt new technologies, shift strategic direction, shut down product lines, introduce new services or increase performance. Change can be painful and, unfortunately, many fall short of expectations.
According to a recent McKinsey study, only 38 percent of responding organizations believed their transformation was completely or mostly successful at improving the company’s performance. The good news is that a planned, focused, disciplined approach to organization change can greatly enhance the likelihood of success. This approach takes more up-front time and energy. Yet, it is considerably more cost-effective than cleaning up the aftermath of a failed change effort.
This article explains the success factors for organization change efforts. If an organization puts these factors in place, it greatly increases the likelihood of success.
- Would Rebranding US Money Boost Its Economy? – Newsweek.com: Since their introduction during the Civil War in 1862, American greenbacks have changed very little. As consumers, we’re accustomed to handling the crisp green papers, but graphic designer Richard Smith feels the humdrum currency could use some rebranding.
- Ireland Leads Surge in Sovereign Default Swaps on Bailout Costs – Bloomberg.com: The cost of insuring against default on European government debt surged, led by Ireland, amid concern the bill for bailing out the region’s banking system is growing.