High levels of resistance to change - because they don't understand how the decisions have been made, and haven't been involved, or even asked their opinion
Disenfranchised employees - low morale, low motivation, no discretionary effort, leading to reduced productivity and reduced performance
Increase stress and anxiety- change brings uncertainty, especially when you don't understand it, and where you fit in the future state - workplace stress accounts for 8% of national health care spending, and currently,73% of employees effected by change, suffer from higher stress levels
Increased feelings of job insecurity, leading to presenteeism, leading to burnout, leading to reduced
productivity and higher turnover of staff
Increased errors, leading to a decline in company performance, leading to reputational damage and reduced sales
High staff turnover - feelings of not be supported or developed. Feeling that they are working in quicksand - an unstable work environment where they don't understand the changes or how they can be involved
Missed opportunity for innovation -if your employees are busy being resistant to the changes, then that is time and brain power that could be better utilised thinking of solutions and new ways of working, leading to innovation and a competitive edge over the market
Ineffective change implementation - without a workforce trained in change management, then as a
company, you may struggle to embed long term change...and in fact, it's part of the reason that such a high % of companies fail to embed change into business as usual
Increased costs - staff turnover, losing talent, decreased productivity - all leads to increased costs that quite often cannot be planned for
Inefficient use of resources- our people are our biggest asset, and also our best utilised resource - train them to manage change from within
Negative organisational culture - if we are not preparing our workforce for change, then are really using
them as our biggest asset?
And finally...if it hasn't been mentioned enough...a loss of productivity, leading to a decline in the companies
market share, reputation, and ability to compete in the market
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