Episode 5
The Fascinating Formula for Change Management
Welcome back to another intriguing episode of The Real World Entrepreneurship Podcast. Our guests for this episode are Bhairav Patel and Alan Clarke who are frontrunners in the field of business and organizational management. Change may be a constant in life, but when it comes to managing change within organizations, the process presents unique challenges. In this episode, we unpack the crucial aspect of change management at both startups and large enterprises.
Change management isn't just about new systems or protocols, but a multifaceted process that involves understanding emotional dynamics and effectively engaging everyone involved in the business operation. We examine the formula that instigates this transformation, focusing on the elements of dissatisfaction with the status quo, vision of the new direction, and initial movement towards change. Join us as we explore how the desire for change and a clearly defined vision can overcome inherent resistance.