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31st October, 2024

Key principles and best practices of effective change management

Change may be constant, but it isn’t always easy or successful. The key principles and best practices of change management — from thoughtful planning and clear communication to taking small, manageable steps — provide a pathway for implementing change effectively and building a culture that thrives on change.

What is change management?

Change management is the process of preparing, supporting, and helping people, teams and leaders make change within an organisation. It involves managing the impact of change on people, processes and technology to minimise disruption and ensure a smooth and successful implementation.

How does change management work?

Change management is all about figuring out when change is needed and creating a clear plan to make it happen. This includes keeping teams across the organisation in the loop and providing training and support for the people directly impacted by the change. The process usually follows a set framework for planning, implementation and ongoing engagement.

Why are change management principles important in business?

Change management principles are crucial in business because they help ensure that changes are implemented smoothly and everyone is on the same page. Good change management also helps reduce resistance to change, boosts morale, and ultimately achieves business goals more successfully.

change management

Download the MYOB change management guide

With decades of experience in the software solutions space, MYOB has seen it all when it comes to implementation and change management.

The MYOB Change Management Guide looks at key principles of effective change management — from clear communication, training and support to risk management and feedback.

It drills down into the top 10 principles of effective change management and how you and your clients can achieve it, including:

  • How to prioritise feedback
  • Making a point of celebrating successes
  • Who to include in the change management process
  • Plus, a case study with leading accounting firm PWS Advisory

Download the MYOB Change Management Guide

Change management FAQs

What are the benefits of change management?

Change management has several main benefits, including smoother transitions, increased employee engagement, reduced resistance to change and a greater likelihood of achieving organisational goals.

What are the challenges of change management?

Challenges that hinder effective change management include employee resistance, unclear communication and difficulty aligning new processes with a company’s culture.

What is the most important component of effective change management?

The most important component of effective change management is clear and consistent communication, which helps everyone understand the changes and feel supported throughout the process.

How does change management differ from project management?

Change management focuses on managing the people and processes affected by change, while project management is more about planning and executing specific tasks to complete a project on time and within budget.

Download the MYOB Change Management Guide


Information provided in this article is of a general nature and does not consider your personal situation. It does not constitute legal, financial, or other professional advice and should not be relied upon as a statement of law, policy or advice. You should consider whether this information is appropriate to your needs and, if necessary, seek independent advice. This information is only accurate at the time of publication. Although every effort has been made to verify the accuracy of the information contained on this webpage, MYOB disclaims, to the extent permitted by law, all liability for the information contained on this webpage or any loss or damage suffered by any person directly or indirectly through relying on this information.