Organizational Change & Risk Management As a consequence of the competitive operating environment, enterprises need to implement change to develop and maintain their competitive advantage. This requires changing the behavior of people in organizations by changing attitudes about what can and should happen at work. The need for change could originate from multiple business interventions- Strategic changes (changes in corporate/ functional direction), Organizational changes (structures / roles & responsibilities / performance assessment and compensation mechanisms), Process Changes (redefined and redesigned processes) or IT Interventions (change in work methods / tools / techniques) Charting and managing the road map for change transformation is the single most important element of the process. While change is fairly common, it is very difficult to implement successfully. Success hinges on being able to convince groups and individuals to change the way they work, possible only if people are ready to think differently about their jobs. Any change needs to be managed. Process changes or changes consequent to the implementation of an IT solution are no exception. In case changes are not managed effectively, the success of the change implementation gets at risk. Change management is the process of motivating and equipping people to a level of competency that facilitates their migration along the path of change. Our consultants touch upon the crucial elements that are expected to be affected by the process change – organization and people requirements. We help manage change through a three step process:   Assessment of change readiness and identification of risks Definition of the change management road map Facilitation of the execution of the change management plan through appropriate change communication, change sensitization and the definition of governance structures and revised roles   The other aspect that needs to be managed is risk. Our consultants bring to the table extensive hands on experience in managing PLM implementations and that experience enables them to identify up-front factors that could potentially cause risk to projects. Using industry standard program management techniques, our consultants identify risks and monitor their probability of occurrence and potential impact. They plan for mitigation of risks and execute those plans to ensure that risks do not get realized. They put in place back up plans and plans for scenarios that assume that risks do get realized. Systematic risk management ensures project success and predictability on project metrics.