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Change

By Pamela Yellen  
 

The idea of having a comfortable, worry-free retirement has become a distant dream for many business owners -- even for those who did "all the right things" that Wall Street and the financial gurus told them to do.  

By William Seidman  and Michael McCauley

Organizational development, a planned, organization-wide effort to increase effectiveness and viability, can be a challenge. It is difficult to get large numbers of employees to quickly embrace a new process, policy, value, or structure. However, organizations will always have the need for change. Organizational development is most successful when perceived as bubbling up from the grassroots rather than imposed by management. Grassroots initiatives are far more quickly and easily adopted by employees.

By Victoria Krayna-Spencer

Dell's organizational fortitude requires a vigilant, agile, and fluid approach to change. Historically, management teams throughout this successful organization have accurately identified those change initiatives that ultimately brought about competitive advantage. Identifying goals, goal specifications, metrics for accomplishing the goal, and metrics specifications propels organizations towards their strategic objectives.

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