
Leveraging Strategic Change Cycle In Business
The strategy change cycle is a five-step process that enables an organisation to determine the type of leadership preparation needed and plan staff training activities. The cycle consists of five steps: needs assessment, design, implementation, monitoring and evaluation, and adjustment actions. When used in conjunction with other strategies, it can help organisations prepare for future strategic changes and respond effectively when they occur.
Step 1: Needs assessment
This step is critical because it determines the type of strategy change required by an organisation. For example, the focus should be on the design phase if the goal is to start new …