http://www.jimmccarthyonline.com Jim McCarthy's Business Strategy Blog Tue, 02 Jun 2009 03:25:03 +0000 http://backend.userland.com/rss092 en Strategic Planning is a very important aspect of business activities and is practiced widely – if not always so satisfactorily. Well designed and executed planning provides an overall strategic direction to the management and employees of an organization and also enables functional areas such as finance, marketing, organizational development, ... http://www.jimmccarthyonline.com/2009/06/7-must-haves-for-effective-strategic-planning/ Change Management versus Transition Management Many people are confused with the difference between “Change Management”, and Transition Management. Change is an external event that is focused on an end result or an outcome, and refers to the endless number of initiatives the organization or business is undertaking in order to ... http://www.jimmccarthyonline.com/2009/06/123/ How you view change affects how you respond to it.  From person to person we look at change differently based on our experience, but even within your daily life, your approach to change will vary with circumstance, state of mind, and whether the change was one you planned or one ... http://www.jimmccarthyonline.com/2009/06/119/ Every kind of business is now competing in a world in which constant flux is the norm.  Change cannot follow our once-orderly models of "plan, implement, and then sustain."  People who studied organizations in the 1960s and 1970s were trained in a three-step model posited by Kurt Lewin. Kurt Lewin developed ... http://www.jimmccarthyonline.com/2009/06/115/ Change is one of those words that can send even the most seasoned manager or business owner into a panic.  Generally it means some level of disruption in your daily operations, or in your plans for the future.  However, it does not have to be that way.  When you really ... http://www.jimmccarthyonline.com/2009/06/111/ The next time you are having trouble dealing with changes in your life, or in your work, consider the possibility that the problem isn’t with the change but with the transition. “What’s the difference?” you may wonder. There’s a big difference. Change Transition Internal External Situational Psychological Event-based Experience-based Defined by outcome Defined by process Can occur quickly Always takes ... http://www.jimmccarthyonline.com/2009/05/106/ Change and Grieving As you are experiencing change, especially if you consider it significant change, you may experience a profound sense of loss. Oddly enough, this may occur even if the change is perceived as something that is positive, such as a raise that enables you to move into a bigger ... http://www.jimmccarthyonline.com/2009/05/change-and-grieving/ Reserves are common in military applications, but largely unknown in the business world outside of things like financial reserves and reserve capacities. Despite the fact that they are not commonly considered in the business world, they are of great importance, for the whole concept of reserves is based on the ... http://www.jimmccarthyonline.com/2009/05/maintaining-reserves-in-the-business-world/