100 Great Business Ideas: From Leading Companies Around the World (100 Great Ideas)

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100 GREAT BUSINESS IDEAS • 117


  1. Setting realistic goals. Creating unrealistic expectations is
    detrimental to the motivation of employees and managers, and
    distracts from the goals that can be achieved.


Although you can never guarantee that a major business
transformation will proceed as planned, you can guarantee that
you will be prepared to deal with the challenges it presents, and to
navigate your way around them.


In practice



  • Help employees deal with the stress they face during the
    transformation.

  • Take advantage of the contributions that current employees can
    make to the turnaround.

  • Create lists of what needs to be done, communicate priorities,
    and implement the changes.

  • Focus on one initiative at a time—trying to do too much will
    overwhelm your organization.

  • Take control of the situation by asking productive, practical
    questions on how to make the transition succeed.

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