Facing Change With Confidence

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Board Perspectives: Risk Oversight, Issue 74 - How to Face Change with Confidence: A Guide for Boards and Executives

Facing change with confidence is the name of the game in a rapidly changing business environment for any enterprise, whether public, private or nonprofit. Change is inevitable and necessary because if organizations fail to improve their products, services, processes and capabilities continuously, they will ultimately encounter serious performance gaps relative to more adaptive competitors.

Facing change with confidence means accelerating the decision-making process regarding actions to address recognized performance issues, market opportunities and emerging risks. This issue discusses the what, why, when and how underlying “facing change with confidence.”

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