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The critical success factors, summarized below, provide the assessments and the tools to enable Ministry of Economy and Finance (MEF) to:
Establish a Sense of Urgency
· Identify the forces driving the need for change.
· Link them to customers and broader business challenges.
· Highlight that the price of staying the same is higher than the price of change.
· Compel action.
Clarify/Share the Transformation Vision
· Translate the sense of urgency, or business case into a compelling picture that draws people toward the future state.
· Define new people, process, and technology requirements aligned with the strategy.
· Specify new behaviors for the future state.
Engage Leadership at All Levels
· Identify leadership roles and behaviors required for success.
· Establish clear accountability for fulfilling responsibilities.
· Set strategies for existing support and leadership of key people and initiatives.
· Cascade responsibility for leading change down to frontline leadership.
Establish Change Communication
· Use varied means to communicate throughout the entire organization.
· Hold leaders accountable for communication.
· Encourage two way communications.
Involve Stakeholders
· Involve stakeholders in problem solving.
· Keep stakeholders informed of status toward organizational objectives.
· Act on feedback from stakeholders.
· Mobilize the right resources at the right time to adopt the implementation initiative.
· Create a critical mass of effort by affected groups to propel the change.
Enhance Change Capability
· Provide a framework to manage change and create self-sufficiency within the business for leading continuous change.
· Capture and transfer learning from past experience.
· Create increased ability to adapt and thrive on change via learning and professional development Implement.
Implement Project Integration
· Fully integrate technology, process, and people components.
· Anticipate external and internal events that may impact the project.
· Ensure sufficient flexibility is present in implementation plans.
Enhance Performance and Organization Alignment
· Drive the behaviors needed for new process, technology, and people performance.
· Create an environment where desired behaviors are modeled, developed, measured, and rewarded.
· Reinforce, sustain, and reshape desired performance over time. |