Only 40% of Change Success is Down to Capability, Reports Alembic Strategy

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Alembic Strategy

03 Nov, 2016, 11:01 GMT

LONDON, November 3, 2016 /PRNewswire/ --

Capability is one of the three core pillars for successful strategic change that Alembic Strategy focus on in their newly launched London Leaders' Forum workshops. 

Alembic Strategy, a new strategy consultancy, has found that capability is only one of three core pillars for successful strategic change. The other two core pillars are belief and readiness. To help leaders take into account the three pillars of successful strategic change, Nick Mayhew, Managing Director at Alembic Strategy, has founded the London Leader's Forum, and their findings on change capability will feature in the Brexit focussed inaugural workshop for directors.

"Capability is a hygiene factor. You need capability if you don't have it, but it won't be deployed if you get 'belief' and 'readiness' wrong; change will stall regardless," said Nick Mayhew, MD at Alembic Strategy.

The three core pillars of successful strategic change:

  • 30% of change success is down to belief. - Is this something we should do?
  • 30% of change success is down to readiness. - Are the leaders publicly supporting it?
  • 40% of change success is down to capability. - Do we have the right people, processes, know-how, channels, etc. to succeed with this change?

The first London Leaders' Forum is on 9 November at 1.30pm-5.30pm, 20 St Dunstan's Hill, London EC3R 8HL. The forum '2017 - Strategies for Uncertainty' will cover ways to improve an organisation's productivity and a series of opportunities to work with other directors to provide solutions to real case studies, focusing on their challenges and presenting their issues to the group for feedback and suggestions. The forum will be followed in the evening with Alembic's launch party.

To attend the London Leaders' Forum register at http://www.alembicstrategy.com/events.

Read more about capability by downloading Alembic's Change Capability paper http://www.alembicstrategy.com/change-capability.

About Alembic Strategy 

Alembic Strategy is a new strategy consultancy, providing services for Outsourced Strategy Director, Personal Consultancy to Merger and Acquisitions for organisations going through change. The Alembic team has over 80 years combined experience in leadership positions.

They help leaders and their organisations to grow, improve performance, tackle problems or handle key transitions and change.  

Alembic act for a wide range of organisations from digital to manufacturing, professional and financial services to charities. They help get the strategy refined and implemented by gaining aligned change in structure, processes and people.

http://www.alembicstrategy.com

Source Reference: 

Mason, C. (2014), http://www.mindshop.com . A mixed methods study on how change intentions and change readiness predict organisational change success.

Contact:
Nick Mayhew
Managing Director
Alembic Strategy Ltd
4th Floor
20 Little Britain
London
EC1A 7DH
T: +44(0)203-478-1333  E: nicholas.mayhew@alembicstrategy.com http://www.alembicstrategy.com

or

Charlotte Jane Phillips
Managing Director
Marketing Communications
What is your story? Ltd
T: +44(0)7956-144239  E: marketing@whatisyourstory.co.uk http://www.whatisyourstory.co.uk  

SOURCE Alembic Strategy