In business, change is inevitable. Companies evolve in any number of ways: new leadership, rapid growth, digital transformation, a merger, or an acquisition.
The traditional approach to change management usually implies detailed central planning and top-down hypotheses. The result? Around 70% of change projects fail.
The new collaborative way of managing change focuses on the process of collective, joint-exploration of change. Because people are not against change per se – they are against being changed. To make the people part of the change they first need to believe in change.
Change begins with Communication.
In order to adapt, companies need a stabilizing force during a time of flux. Whatever the catalyst for change, an internal communications platform can:
Partnered with the right digital tools, an internal communications strategy delivers high-performance results, ranging from improved employee engagement and productivity to customer satisfaction. When a company is facing a transformation, the right internal communications tools deliver a high ROI, and can mean the difference between success and failure.
Most workforce solutions only reach knowledge workers. For full workforce alignment, you need to connect every single employee, from your CEO to your frontline workforce, to give everyone a sense of ownership in change management. Improved employee engagement during change is a vital ROI marker since you need employee buy-in to have a chance of success.
FRHI Hotels and Resorts is a company that has learned to thrive through change. What started out as one luxury hotel has evolved through mergers and acquisitions into a corporation that runs 125 properties around the world with 45,000 employees. To provide continuity of operational communications through growth, they use Beekeeper to avoid any interruptions to workflows and guest service.
“Beekeeper has become the primary platform to deliver company news, updates, and any kind of executive communication.” –Alexandra Zeifman, Internal Communications, Project Manager, FRHI
With its low barrier to entry, Beekeeper is easily adopted by new FRHI properties and teams. The app’s inline translation feature allows employees in any of the company’s 30 countries to fully participate from day one, enabling seamless communication as the company continues to grow.
Employers can also directly measure the ROI of the team app by assessing the impact of campaigns and related content on internal communications, employee retention, and operational efficiency.
Your people are NOT your greatest asset. They are your company. Your company’s success depends on their engagement. But they’re often overlooked when companies make big decisions or embark on M&A.
For instance, on paper, Amazon’s recent acquisition of Whole Foods looked like a marriage made in heaven. However, Whole Foods has long been known for its more relaxed culture while Amazon has operated a much stricter workplace. According to Harvard Business Review, merging two different cultures has negatively affected employee engagement and has stalled the expected success of the acquisition.
Preparation is crucial to the successful merger of company cultures. A team app helps companies plan workforce integration before they become a centralized entity by minimizing disruptions and allowing people to work together as a team from day one.