Forget communication plans and training sessions. Here’s what you really need to know. In 1983, McKinsey consultant Julien Phillips published a paper in Human Resource Management describing what he called an “adoption penalty”: companies that failed to adapt quickly enough would inevitably fall behind. His ideas became McKinsey’s first change management model that it sold to clients.
3 fundamental rules that change management consultants will never tell you
Why This Matters
This article highlights the often overlooked principles of change management that can significantly impact a company's ability to adapt quickly and stay competitive. Understanding these fundamental rules is crucial for tech companies and consumers alike, as rapid adaptation is essential in today's fast-paced digital landscape. Embracing these insights can lead to more effective change initiatives and sustained success in the industry.
Key Takeaways
- Focus on fundamental change principles over superficial communication plans.
- Rapid adaptation is key to maintaining competitive advantage.
- Understanding the 'adoption penalty' helps prevent falling behind in the industry.
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mckinsey
julien phillips
human resource management
adoption penalty
change management
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