When a company is underperforming, change needs to happen quickly. However, depending on the organization, deciding where changes will be implemented and identifying the first few steps can vary greatly and prove to be quite the feat. The best approach? Be transparent with your people.
Enacting drastic changes to turn performance around is never the right answer. Meaningful change requires much more strategy and finesse for it to produce an effective result. Additionally, you need to have support from the rest of your company to be successful —organizational change is not a one-woman show, even for a CEO.
