The pace of innovation and change is always increasing. Research tells us that the probability of change success in whatever project or initiative, a business undertakes is as low as 30% which means there is a 70% probability that you will fail.
Imagine the savings IF you could drive the probability of success from 30% to much higher?
Focused on achieving such results Mindshop recently released our NEW Change Success Model in order to help our advisors guide their own businesses and their clients to boost their probability of change success. Included in the model are multiple videos, step-by-step guides, training modules, diagnostic tools and worksheets to ensure implementation is focussed and effective.
Here is a short 8 minute video by the models’ developer and Mindshop founder, Chris Mason which explains how the model works. Simply giving 8 minutes of your time and watching the video will enable you to more fully understand the implications of the model in your own business and those of your clients.
CHANGE SUCCESS MODEL
About the NEW Change Success Model
The pace of innovation / change is always increasing. Research tells us that the probability of change success in whatever project or initiative you undertake is as low as 30% which means there is a 70% probability you will fail. If you continue with your current approach with only a 30% probability of success, it means you will need to keep trying many times before you will be successful. Tenacity is the key success factor with the current implementation processes. This ‘trial and error’ approach to change comes with a high cost in terms of lost time, reduced confidence, wasted money and poor utilization of resources.
Chris Mason, Mindshop’s Founder, conducted research during his PhD on how to improve the probability of change success by surveying 240 Leaders from 9 organizations globally. The results of his research indicated that there are 3 main factors contributing to change success:
- Readiness (30%): How ready the organization and the people within the organization are to implement change
- Capability (40%): The skills, people, training and resources needed to implement change
- Beliefs (30%): The overall attitude of the organization in relation to the change
There were then a total of 10 sub-factors within each of those 3 main areas.
For a more in-depth explanation of the Change Success model, how it can be applied and the recent successes in its usage view this 30 minute Webinar by Chris Mason below:
Click here to view the 30 minute Webinar Recording
With the new calendar year fast approaching, now is the time to look at how you are going to implement changes in order to achieve your 2015 vision. Ask yourself how well are you implementing change right now in your business? How well are your clients implementing change? We are sure that these conversations will leads to a fantastic array of opportunities for both your business and your clients.
