If you are thinking about a business process assessment, understand that it is a deeper action than you may have considered. Yes, it looks at functions, systems, and structure, but at its heart it is a change management initiative. That means it requires buy-in and engagement at all levels of an organization.
By Gretchen Naso, MBA, CVA
A business process assessment is an important way to address those late-night worries that plague owners and executives, but the transformation of an organization does not stop with the presentation of findings and recommendations. Business process assessments look at functions, systems, and structure, but at heart it is a change management initiative. That means it requires buy-in and engagement at all levels of an organization, and this is where things get tricky.
According to McKinsey & Company, 70% of change programs fail to achieve their goals. In large part, this is due to lack of management support and employee resistance.1 On the flip side, McKinsey also found that with greater team investment change is 30% more likely to succeed.
So, what does this look like in practice and how can organizations improve their odds of success? At RKL, we often conduct business process assessments, but we recently had the opportunity to work with one organization throughout the remainder of the process (implementation) and to help them manage the changes associated with our recommendations. Here are a few tips CPAs and business advisers can apply to help clients manage change.
Business process assessments are a valuable investment for any organization, but without a clear plan for change management, identified improvements will never bear fruit. With a focus on alignment, support, and communication, organizations are much more likely to see positive and long-lasting results from their change initiatives.
1 https://www.mckinsey.com/featured-insights/leadership/changing-change-management
Gretchen Naso, MBA, CVA, leads the financial management solutions practice at RKL LLP in Wyomissing, Pa. She can be reached at ggnaso@rklcpa.com.
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