Be prepared to manage change

In a survey of 6500 employees worldwide, Gartner discovered that 75% anticipate an increase in workplace change initiatives over the next three years. Change is difficult, but it is vital for any firm to adapt and remain competitive. Change is unavoidable, whether it's a merger or a change in leadership. Yet, if the change is not handled and communicated appropriately, it can have a negative impact on workplace culture and employee morale.

When you institute a hiring freeze, for example, existing employees may think that you will begin downsizing soon. And having their employment in jeopardy will sap their motivation. As a result, it is your responsibility to effectively manage this change and explain to employees that their jobs are safe. Always design, follow, and share a complete plan when making any change. You and your team must be clear about the reasons for the change, its scope, what employees should expect, and what they need not be concerned about.