Executing Effective Change Management for Your VCP
The phrase, “change is the only constant,” resonates with PE deal and operating partners. To build a profitable value creation plan (VCP) is one thing. Getting portfolio company operators to adopt and implement the necessary changes is another, and also frequently noted as a major obstacle to generating a strong exit. What are the key factors that go into developing a change management program that delivers the full impact of the go-to-market plan?
This virtual session will discuss the steps to manage change with leadership teams that may be experiencing it for the first time. What is the most effective way to invest in and involve those individuals who will be critical to change adoption at the onset; consistently communicating the purpose and expected outcomes; setting up a training program to ensure all levels, leadership through frontline, understand the new operating model and how it impacts them; and setting goals and monitoring performance to ensure stakeholders and users are properly directed and motivated.
Alexander Group PE practice leaders will provide insights and best practices based on research and client engagements. Participants will be provided with a platform to ask questions and discuss stories on change management challenges and solutions.
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