The energy crisis - a welcome emergency brake for corporate change?

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Energy crisis - a term that has been with us for several months now. A situation that has a massive impact on our lives and also on companies. Companies in the energy industry are particularly affected. Sudden challenges that require considerable adaptation effort and the associated changes from entrepreneurs have recently become a priority for companies. Our colleagues have discussed the energy crisis, political significance and technical solutions in detail in previous blog posts. In this post, we address how companies can deal with this change.

Crisis situations as drivers of change
Not only the energy crisis, but also the climate crisis is exerting enormous external pressure on companies. The production of sustainably produced energy to curb the climate crisis and sudden energy shortages are rapidly changing the market.

Crisis situations are challenging for companies and often lead to previously singapore consumer email list planned changes being deprioritized and thus neglected. The focus is currently on putting out fires, as the technical implementation of the electricity price cap shows, for example.

These situations have one thing in common: the change of an organization. In order to remain viable for the future and not to use the crisis situation as a reason to put a welcome emergency brake on corporate change, it is necessary to find methodical solutions for dealing with changes in the company. This is where change management comes into play.

Change management describes the implementation of measures to prepare the organization and employees for the changes from the initial situation to the defined target state. People are always the focus of the change.

What influence do change management methods have?
The use of change management methods in transformation projects is essential to successfully manage change in the company. Individual concepts involve everyone involved in the change process at an early stage. This leads to increased acceptance, a smooth transition to "the new world" and ultimately to project success. However, more than 70 percent of all transformation projects fail, as a study by McKinsey confirms. So the question arises: Why do so many transformation projects fail? Here are some reasons for this:

1. Resistance to change: Without targeted communication and involvement of those affected, resistance to change can arise, which can prevent the project from being successful.
2. Lack of vision and clear goals: Without a clear vision and clear goals for the transformation project, the people and teams involved may have difficulty focusing on a common goal. This can make implementation more difficult.
3. Lack of resources: If the project does not have sufficient resources such as budget, personnel or technology, it can be difficult to implement change successfully.
4. Lack of planning and implementation: If the transformation project is not well planned, problems and challenges may arise during the process that are difficult to overcome.
5. Lack of monitoring and control: Without continuous monitoring and control of the project, problems may go undetected and worsen over time, increasing the risk of project failure.
With the targeted and early use of change management and the creation of an individual change concept – including a readiness check and an impact analysis as well as a suitable roadmap – changes are implemented more successfully.

Conclusion
Successful change management enables companies to fire up the “booster” in the energy crisis instead of hitting the emergency brake by implementing targeted and structured changes. In this way, they adapt to the challenges of the changing energy sector and ensure long-term success.

We at adesso are experts in change management. Our core business is supporting companies in their transformation projects!

You can find more exciting topics from the adesso world in our previously published blog posts .