Something’s Not Working? Let’s Restructure!
Dec 31, 2024In times of risk and rapid change, it’s easy to think that your current organisation is not right. Often the answer is to restructure — but restructuring has to be right. Done well, it can propel the organisation forward. Done poorly, it risks undoing everything you’re striving to achieve. First things first: restructuring is not a quick fix. It’s a commitment to the future of the organisation. Success comes only when the entire organisation is aligned and engaged. The senior team must lead by example, dedicating time, energy, and resources to set a solid foundation for change. Here are key steps the senior team must consider: · Develop a concrete vision for the future, defining what success looks like and understanding what changes are essential to get there. It’s not about lofty wishes; it’s about a clear and achievable direction. · Assess current skills and identify gaps. Where do we need new expertise? What are the next steps to fill those gaps? · Review systems and processes to ensure they’re ready to support and measure progress effectively. · Create an implementation and communication plan. Understand that restructuring can’t be an “extra task” — it’s a primary focus. People need time and space to engage in this change. · Seek guidance from experienced hands who have been through similar transformations. Restructuring alone can overwork and demoralise your team. Get help and manage the process effectively. · Be realistic about cost and time and fully support the plan. · The time to start? Now. Restructuring isn’t easy, but with a committed team, a clear vision, and the right resources, it can set the stage for growth and resilience.
Talk to us at www.defyexpectations.co.uk if you want to restructure your business. We’ve done it before!