Strategic Change Management in Large-Scale Transformations: Lessons from the Healthcare Industry: Insights into Embedding Change Strategies in Complex, Multi-Stakeholder Environments

Authors: Priyanka Taranekar

DOI: https://doi.org/10.5281/zenodo.14852592

Short DOI: https://doi.org/g84q3c

Country: USA

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Abstract: Healthcare organizations undergoing or looking to take on the challenge of implementing large-scale transformations face rapid technological innovation, evolving patient needs, and complex regulatory requirements. This paper examines proven methods for navigating the human, process, and technological challenges associated with transformative initiatives amid rapid innovation, evolving patient needs, and complex regulatory requirements. Through analysis of real-world healthcare projects and existing literature, this paper sets to identify critical challenges including stakeholder resistance, strategic misalignment, and communication breakdowns that often undermine transformation efforts. The research presents a comprehensive framework emphasizing clear communication, structured training programs, and iterative feedback loops to build organizational readiness. Key insights include the value of conducting comprehensive impact assessments, building robust change networks, and leveraging data-driven analytics to monitor progress and refine strategies. The paper demonstrates that implementing these approaches can yield significant economic benefits, with a projected annual cost savings of USD 13 million for a 10,000-employee organization undertaking a USD 50 million transformation program over five years through reduced productivity losses, decreased turnover, and avoided project delays. By aligning leadership, developing a culture of transparency, and deploying targeted interventions, healthcare organizations can successfully navigate complex transformations while ensuring buy-in and engagement across all organizational levels.

Keywords: Strategic Change, Transformation Management

Paper Id: 231976

Published On: 2020-10-08

Published In: Volume 8, Issue 5, September-October 2020

Cite This: Strategic Change Management in Large-Scale Transformations: Lessons from the Healthcare Industry: Insights into Embedding Change Strategies in Complex, Multi-Stakeholder Environments - Priyanka Taranekar - IJIRMPS Volume 8, Issue 5, September-October 2020. DOI 10.5281/zenodo.14852592

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