Change Management: Managing Change in your career

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Change Management Managing Change in your career
Karen Lewis, Reed Finance
the only constant is change
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Change? It happens to all of us.
People and businesses change everyday. Not one
thing stays the same in the modern
world. Progression, growth and evolution are
inevitable. Embrace change, grow with it and open
your horizons
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Change can be forced upon us or created by us
Forced Redundancy Changes within the
organisation Created Poor performance (wrong
position) PDP
only one person is responsible for your career
and therefore responsible for managing change
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What do you want to be?

• Previously
• Fewer opportunities
• Job for life
• Career ladder
• General thought was to join a business that
  offers security

• Today
• More opportunities
• Acceptance of change
• Perception of redundancy
• Greater flexibility
• Accelerated entrepeneurism

managing your career is a marathon, not a sprint
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The task of managing change managing change is
itself a term that has at least two meanings.

• Refers to the making of changes in a planned and
  managed or systematic fashion.
• The changes to be managed lie within and are
  controlled by the individual
• Changes might be triggered by events caused by
  the individual, termed environmental.

2. The meaning of managing change refers
to the response to changes over which the
individual exercises little control.
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Staged approach to change. Looking before you
leap is usually sound practice.
The beginning and ending point of the
unfreeze-change-refreeze notion is stability, for
some individuals this is a luxury for others
stability spells disaster. A tortoise on the move
can overtake even the fastest hare if that hare
stands still.
The change process as Unfreezing, Changing and
Refreezing
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The Change Problem At the heart of change
management lies the change problem, that is, some
future state to be realized, some current state
to be left behind, and some structured process
from getting from one to the other.
Change is accomplished as a result of achieving
three goals transform (identify differences
between states), reduce (determine ways of
eliminating differences, apply (action).

• Change as a How problem
• How do I get promoted?
• How do I improve productivity and value?

• Change as a What problem
• What changes are necessary?
• What am I trying to accomplish?

• Change as a Why problem
• Why do I need to progress?
• Why do I need to move roles?

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Our career is in our control, it is our
responsibility.
Few of us enjoy shocks affects
confidence makes us emotionally
vulnerable threatens our security
Healthy option Regular Career Health
Checks regularity based on where you are now
and how quickly you want to change Market
conditions
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Our work needs to fit with our values and
lifestyle
To manage your career effectively needs a
strategy thereby creating the change you want
rather than what is forced upon you.
Before you proceed you need to know what you want
now in the future. Ismoney most important? Or
hours, location, lifestyle recognition,
prospects
Whatever the reason it is important to know and
take control
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Four basic change management strategies
Empirical Rational People are rational and
will follow their own self interest. Change is
based on the communication of information and the
proffering on incentives
Normative-Reeducative People are social beings
and will adhere to cultural norms and values.
Change is based on redefining existing values and
norms and developing commitment to new ones.
Power-Coercive People are compliant and will
generally do what they are told or made to do.
Change is based on the exercise of authority.
Environmental-Adaptive People oppose
loss/destruction but adapt readily to new
circumstances. Change is based on setting a new
goal and transforming old beliefs to new ones
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Sit back and look at your career
Use the business analogy Know what you have to
offer, have short, medium and long term plans
set objectives, conduct strategy tactical
reviews SWOT
Review of the past What has been learnt? Have
you meet objectives? What are the gaps? What
has happened in the market?
Make the necessary adjustments
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Me PLC
we are our best asset, contract ourselves out to
an organisation take responsibility for our plc
development
Take stock of who you are, what is on offer and
what you want. Envisage a direction, identify
your target markets and assess the needs What
type of role do you want, Develop your unique
products and services Enhance what you have
already, training etc, develop your internal and
external networks Who do you know who can help
you, comes down to your reputation for delivering
quality service References, credibility, evaluate
your marketability The bigger the gap, the more
work required
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Dont be afraid . . .
. . .of going outside your comfort zone The
Comfort Zone is our living, work, and social
environments that we have grown accustom too. It
determines the type of friends we make or people
we associate with. It determines a life style we
accept or reject, and the job we choose
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SWOT Analysis
Weaknesses What are your gaps? Missing links?
Strengths What are your key skills? Technical,
initiative, Time management. What do people value
you for?
Opportunities What exists in your current
job? Likelihood of promotion? External
opportunities, dream job?
Threats What faces you in your current
job? Declining market for skills? Aggressive
changes?
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Identify Gaps in Your Skills and Experience
Research into your new career area should help
you discover the skills, experience and qualities
required of those who carry out the job. You will
need to do an honest audit of your own skills and
experience and consider how far they currently
match these requirements.
Getting involved in voluntary or community work
Engineering a move within your current
occupational field into a sector which is more
relevant to your new career. Taking on new
responsibilities with your current employer which
will give you experience related to your new
career or develop the skills you need.
You should then have a clear idea of the areas
where you need to boost your skills and
experience. Options include Undertaking further
study Gaining some relevant work experience
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S.M.A.R.T?
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Starting the search
Where to start? Websites Specialist
Publications Consultancies Your CV is sales
document representing your skills, attributes and
achievements Make it clear, simple and
relevant Introduction letter re-write after each
application
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Do your research Websites
Companies House Directories
Receptionists
Total Career Change? Going it alone exiting,
freedom Need for ME plc Create portfolio of work
The Interview
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Change is a never ending cycle, the wheel is
always being reinvented just like us
Thank you - QUESTIONS?