Benefits and risks

Benefits and risks

PROCESS BENEFIT IF USED RISK IF IGNORED
Stakeholder analysis  
  • Identify and segment change sponsors, advocates, sceptics, agents and targets of change
  • Understand stakeholders’ wants and needs as well as where they are on the change commitment curve and where they need to be for change to happen
  • Map varying levels of stakeholder commitment and willingness to change
  • Focus effort and energy on ‘mission critical’ stakeholders
  • Guide stakeholder groups and individuals towards the desired commitment for change necessary for the success of the initiative
  • No basis upon which to develop change strategy
  • No basis for understanding where and how to target change management interventions
  • Resistance to change goes unchecked, costs increase, change initiative shut down
Build change network  
  • Establish a network of motivated and competent change agents
  • Support, evaluate and fine-tune the activities and efforts of the network throughout the initiative
  • Provides linkage between change leadership and impacted stakeholders
  • Increased stakeholder engagement and effectiveness of communication
  • Smarter, better and faster implementation of change through closer relationship between senior leadership, change team and impacted stakeholders
  • Loss of key communication and control mechanism
  • Reduces effectiveness of change leadership investment and activity
  • Increased risk of failure of the initiative
Stakeholder communication  
  • Develop and implement a change-specific communication strategy and plan
  • Create engaging communication and dialogue to move stakeholders along the change commitment curve
  • Fosters understanding, acceptance and ownership of the change
  • Increases accuracy of transmitted information, reinforces the change vision and actively sustains morale
  • Enables people to understand what they need to do differently 
  • Need for change is never fully recognised or embraced
  • Little or no behaviour change, business readiness activities frustrated, delayed go-live or change initiative shut down