Restructuring cannot be achieved through new structures and processes alone
Change management addresses the unique challenges of transformation

In a restructuring process, success—and whether the targeted figures are achieved—is not determined by strategy alone. Establishing new structures and processes lays the foundation for future business success. The quality of change management is crucial for overcoming specific challenges.

There are often alternatives to a restructuring strategy. Rarely does a single path lead to the goal. Therefore, it is essential in change management to address criticism and a variety of fears, not just concerns about job security. Resistance can be very persistent and should therefore be anticipated for the intended transformation.

To this end, managers should be quickly empowered as key drivers of the transformation. This applies not only to the technical aspects of implementing the restructuring. Rather, they should also be able to act as multipliers who provide guidance, address resistance, and credibly advocate for the changes.

For managers to take on this task, a clear and, if possible, attractive vision for the individual functional areas of a restructuring is crucial. On this basis, priorities can be set to make optimal use of limited resources during a restructuring.

Ultimately, it is the results that matter in a restructuring. Quick initial results are the best way to address existing concerns, resistance, and fears. These “quick wins” demonstrate that the chosen restructuring strategy is appropriate and that the new structures and processes are effective.

Of course, all other well-known aspects of successful change management must not be neglected during a restructuring. These aspects include clear and credible communication to engage employees.

Retaining top performers and talent is essential during uncertain times, as the risk of key personnel leaving the company increases. To retain them, it is important to understand and enhance their willingness and ability to adapt to change. Continuous monitoring of the transformation and progress is, of course, a given during restructuring.

We would be happy to discuss the specific details of your restructuring. You can reach Michael Groß, Managing Partner at Mobil, at 0171 2428 624. Or send him an email.