The advances in Artificial Intelligence (AI) and digitization have are having a sweeping impact on businesses and change management. With this fact in mind, it is no surprise that technology and digital transformation ranks as being a high disruptive change factor that is foremost on practitioners' minds today.
Key Predictions from Prosci's most recent "Best Practices in Change Management" study show that there are five key factors that are in the front and center, with technology and digital transformation having the highest perceived impact.
- Technology and digital transformation (37%)
- Regulatory changes and compliance (9%)
- Environmental sustainability and climate change (9%)
- Talent retention and turnover (9%)
- Cultural and organizational change (9%)
We are also in the midst of the Fourth Industrial Revolution (4IR) that is having sweeping global impacts in the manufacturing sector. In addition to the technology changes, it is imperative for companies to properly equip workers through upskilling and reskilling.
As transformational change managers, we are called to further sharpen our skills in multiple roles including director, interpreter, navigator, coach, caretaker and nurturer. What areas are you focusing on in 2024?
As a change practitioner, what is on your mind? Do you have insights as to key trends or other topics you would like the chapter to discuss at the First Thursday or Virtual Coffee Hours? If so, drop us a line at email@example.com or post a reply to this post.