Dave Oetken, Managing Director of Business Advising for GLI’s ENTERPRISECORP, offers the following advice on making your business’s New Year’s resolutions stick:
How are your New Year’s resolutions working out?
Now that we’re halfway through January, are you on track with your New Year’s business resolutions? Most Decembers, business leaders reflect on the prior year’s performance and vow to improve: to do things differently, or never do that again.
And then what happens?
Fifty-three percent do not maintain their New Year’s resolutions because their planned changes are either too expensive or take up too many resources (Health & Safety Executive – HSE – 2006). Seventy-five percent of change initiatives fail because the organization is unsuccessful in managing the human reaction to change. (John P. Kotter, Leading Change, 1996)
Obviously, the odds are not always in our favor. So, faced with challenges from every corner, what can business leaders do differently this year in order to make their New Year’s resolutions stick? read more...