Is Your Organization Ready to Lead Effective Change?

Over the past few years, change management has shifted from a simple top-down approach to more detailed and complex organizational reorganization. 

Additionally, as more companies are implementing digital transformation initiatives there is a greater need to understand that such transformations can lead to greater chances of success, however, the risk of digital transformations failure is somewhere between 70% and 95%.

Considering current market volatility, it is imperative to conduct change management-related projects efficiently to ensure that the most relevant projects are prioritized.

Join us for an insightful roundtable session with Tarik Fathallah (CSPO), Organization Effectiveness Manager, Global Supply Chain at Estee Lauder Companies Inc.

Tarik will help you refine your change management approach by exploring: 

• Why do you need or want change?
• What is your change capacity and is your organization changing too much or too little?
• How to assess your context and scale of the change you’re leading?
• What are the next steps to continue your change journey?

This roundtable will be held on 22nd September, 2022 at 11:00 am (EST)/5:00 pm (CET).

What is an aim10x Roundtable?

A aim10x Roundtable is an informal knowledge-sharing session that brings together a diverse group of professionals to share their knowledge, discuss their challenges, learn new insights, and make new connections. We keep the group small (less than 12 participants) to give everyone the space to participate and contribute in deeper-dive discussions.

We keep the agenda simple

1. Introduction
2. Setting the scene
3. Group discussion
4. Networking

Why should you register?

If you’re missing the collaboration and conversational elements from a webinar, then a aim10x Roundtable might be a great option for you. Be ready to deep-dive into different topics related to digital transformation and have a high-quality discussion with your peers. We host both industry-specific and cross-industry aim10x Roundtables so there’s always a topic to interest you.

Who is it for?

This roundtable is for supply chain professionals from across industries.

In business, standing still is the fastest way to move backward. Consider Amazon and Netflix, who now dominate the market but hardly resemble the companies they were at their inception. Also, consider RadioShack and Blockbuster, who dominated their respective markets in the 90s and early 2000s but no longer exist today.

It’s clear that change is a must in business. And yet, research by McKinsey also suggests that between 70 and 90 percent of transformation initiatives fail. So how can you overcome the barriers to change and successfully drive transformation at your organization?

During our latest Roundtable discussion led by Tarik Fathallah, CSPO, Organization Effectiveness Manager, Global Supply Chain at Estée Lauder, participants discussed the barriers to meaningful change and explore best practices for overcoming them and conducting change management-related projects efficiently and effectively.

Here are some insights from their discussion:

• The simple exercise Tarik uses to demonstrate why people and organizations are inherently resistant to change.
• How many companies actually take on too many digital transformation projects and unintentionally create complexity.
• Why you’re going to have to change mindsets and behaviors, including decision rights and the rules of engagement and collaboration, to successfully drive transformation.
• Change is crucial to companies’ evolution and survival, and yet the failure rate of transformation initiatives is between 70 and 90 percent. What are the drivers of this, and how can leaders better address them?
• There must be horizontal visibility of change initiatives, not just vertical. It’s not just about top-down communication; teams must communicate with each other, too.
• Why “because everyone else is doing it” is a suboptimal motivation for a transformation initiative. It’s critical to have a clear target or end goal in mind that you can communicate to people.

Listen to Tarik Fathallah clarify what “transformation success” actually means: