CFO Program Online Course
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Module 1: Embed finance across the company5 Lessons
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Module 2: Identify profit and cash initiatives7 Lessons
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Module 3: Oversee and drive business change13 Lessons
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The CFO’s role in driving change
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Driving change across your business: Top tips from a finance leader
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How to encourage innovation across your workforce
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The emotional reaction to a change initiative
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Obtaining people’s buy-in
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Change management: Create a sense of urgency
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Change management: Build a guiding coalition
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Change management: Form a strategic vision
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Change management: Enlist a volunteer army
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Change management: Enable action by removing barriers
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Change management: Generate short term wins
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Change management: Sustain progress
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Change management: Embed the changes
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The CFO’s role in driving change
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Module 4: Deliver data-driven strategic insights6 Lessons
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Module 5: Challenge your Board and influence strategy9 Lessons
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Challenging your CEO and Board
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Challenging the board – A CFO’s perspective
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The CFO’s role in influencing strategy
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The five levers of influential CFOs
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Providing your unique perspective
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Demonstrating you are more than a numbers person
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Ensure that you are always consulted
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How to avoid being seen as the blocker
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Adding value: A CFO’s perspective
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Challenging your CEO and Board
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Module 6: Drive key decision-making11 Lessons
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The modern-day decision-making process
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Gathering the facts
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How Data Savvy is your Board?
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Using data to help business activities
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Support decision-making with data
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Express your opinion
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Communicating financial information to non-finance people
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Reading a situation
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Knowing when to compromise
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Managing conflict at Board level and beyond
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Driving a group consensus
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The modern-day decision-making process
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Module 7: Represent your business externally6 Lessons
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Module 8: Become a critical and influential voice5 Lessons
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Module 9: Deliver the business plan7 Lessons
Change management: Generate short term wins
Dan Wells October 11, 2023
To ensure that a change initiative is successful, it is important for change management leaders to generate short term wins. Short term wins provide employees with a sense of progress and accomplishment, which can help keep them motivated throughout the duration of the initiative. Additionally, short term wins can also help build momentum and support for the initiative within the organization.
Techniques
If you’re a change management leader, there are a few things you can do to generate short-term wins.
- Take the time to clearly define what success looks like for the initiative. This will help ensure that everyone is on the same page and working towards the same goal.
- Break down the initiative into smaller tasks or goals that can be completed within a shorter timeframe. This will make it easier for employees to see their progress and stay motivated.
- Celebrate each short-term win along the way. This will help keep employees engaged and committed to the initiative.
It is important to generate these short-term wins to motivate everybody and create excitement during the early stages of your change initiative.
Summary
By taking these steps, you can increase the chances of success for your change initiative. Generating short-term wins is a key part of ensuring that the initiative is successful and that employees stay motivated throughout the process.
Full workshop recording
Here is a full workshop recording of a GrowCFO Change Management workshop that discusses this topic in more detail: