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© Operational Excellence Consulting. All rights reserved.
This presentation is a collection of PowerPoint diagrams and
templates used to convey 25 different Change Management models
and frameworks.
Change Management
Models
Diagrams and Templates of Change Management
Models and Frameworks
© Operational Excellence Consulting. All rights reserved. 2
Contents
1. The Change Curve Model
2. Bridges’ Transition Model
3. Lewin’s Three Stage Change Model
4. Impact Analysis
5. Leavitt’s Diamond
6. Burke-Litwin’s Change Model
7. The McKinsey 7S Framework
8. The ADKAR Change Model
9. Kotter’s Eight Phases of Change
10. Beer & Nohria’s E & O Theories
11. Hofstede’s Cultural Dimensions
12. The Power/Interest Grid for Stakeholder
Prioritization
13. Osgood-Schramm’s Communication Model
14. Szpekman’s Communication Framework
15. The Johari Window
16. The Training Needs Analysis Framework
17. The ADDIE Model
18. The Conscious Competence Learning Model
19. Kirkpatrick’s Four-Level Training Evaluation
Model
20. Design Thinking Model
21. The PDCA Cycle
22. Six Sigma
23. Business Process Reengineering (BPR)
24. Project Management Body of Knowledge
(PMBoK)
25. ISO 31000:2018 Risk Management
NOTE: This is a PARTIAL PREVIEW. To
download the complete presentation, please
visit: http://www.oeconsulting.com.sg
© Operational Excellence Consulting. All rights reserved. 3
The Change Curve model describes the four stages most people go
through as they adjust to change
Source: Elisabeth Kubler-Ross
The Change Curve
Stage 1 2 3 4
State Status quo Disruption Exploration Rebuilding
Reaction Shock, Denial Anger, Fear Acceptance Commitment
Positive
Negative
Impact
© Operational Excellence Consulting. All rights reserved. 4
Bridges’ Transition Model highlights the feelings of people and help
them make a smooth transition during change
Source: William Bridges
Time
Importance
Ending,
Losing,
Letting Go
The
Neutral
Zone
The New
Beginning
Bridges’ Transition Model
© Operational Excellence Consulting. All rights reserved. 5
Lewin’s Three Stage Change Process is a simple and easy-to-
understand framework for managing organizational change
Source: Kurt Lewin
• Ensures that
employees are
ready for
change
Unfreeze
• Execute the
intended
change
Change
• Ensures that
the change
becomes
permanent
Refreeze
Lewin’s Change Model
© Operational Excellence Consulting. All rights reserved. 6
Impact Analysis is a technique designed to unearth the “unexpected”
negative effects of a change on an organization
Impact Analysis Process
Impact
Analysis
Roadmap
Evaluate
Impacts
Brainstorm
Major Areas
Affected
Identify All
Areas
Prepare for
Impact
Analysis
Manage
the
Consequences
© Operational Excellence Consulting. All rights reserved. 7
Leavitt’s Diamond demonstrates that each element of an organization’s
system – people, tasks, structure and technology – are interdependent
Leavitt’s Diamond
Task Technology
People
Structure
Source: Harold J. Leavitt
© Operational Excellence Consulting. All rights reserved. 8
The Burke-Litwin Change Model describes the causal relationships
among the key factors that affect performance, and determine how
change occurs in an organization
The Burke-Litwin Change Model
Source: Burke and Litwin
Mission &
Strategy
Structure
Task &
Individual
Skills
Organizational
Culture
Systems
(Policies &
Procedures)
Individual
Needs &
Values
Management
Practices
Work Unit
Climate
Motivation
External Environment
Leadership
Individual &
Organizational
Performance
Feedback
Feedback
© Operational Excellence Consulting. All rights reserved. 9
The McKinsey 7-S framework highlights seven internal aspects of an
organization that need to be aligned if it is to be successful
Structure
Systems
Style
Staff
Skills Strategy
Shared
Values
Source: McKinsey
Soft Elements
Hard Elements
McKinsey 7-S Framework
© Operational Excellence Consulting. All rights reserved. 10
The ADKAR Change Model (Awareness, Desire, Knowledge, Ability, Reinforcement)
provides a simple and action-oriented framework for taking control of individual change
ADKAR Change Model
Source: Based on Prosci® ADKAR® Model
A R
A
D K
KNOWLEDGE REINFORCEMENT
AWARENESS
DESIRE ABILITY
§ Understand the need for
change
§ Understand nature of the
change
§ Sustain the change
§ Build a culture and
competence around change
§ How to change
§ Implement new skills and
behaviors
§ Support the change
§ Participate and engage
§ Implement the change
§ Demonstrate performance
© Operational Excellence Consulting. All rights reserved. 11
Kotter’s Eight-Step Change Process provides a roadmap for
advancing a culture of performance excellence
Kotter’s 8-Step Change Model
Need for
Change
Change
Behavior
Change
Direction
Change
Sustainability
1. Establish a
Sense of
Urgency
2. Build a
Guiding
Coalition
3. Form a
Strategic
Vision
4. Enlist a
Volunteer
Army
5. Enable
Action by
Removing
Barriers
6. Generate
Short-term
Wins
7. Sustain
Acceleration
8. Institute
Change
Committed
Leadership
Source: Based on John Kotter, 1996 & 2014
© Operational Excellence Consulting. All rights reserved. 12
Beer & Nohria’s E & O Theories provide two approaches to
organizational change and creating sustainable competitive advantage
Source: Beer & Nohria
Beer & Nohria’s E & O Theories
Theory E
• The purpose of Theory E is the
creation of economic value,
often expressed as shareholder
value.
• Its focus is on formal structure
and systems. It is driven from
the top by the extensive aid of
consultants and financial
incentives.
• Change is planned and
programmatic.
Theory O
• The purpose of Theory O is the
development of an organization’s
human ability to implement
strategy and to learn about the
effectiveness of the changes
made from the actions action.
• Its focus is on the development
of a high-commitment culture. Its
means consist of high
involvement, where consultants
and incentives are relied on far
less to drive change.
• Change is emergent, rather than
planned and programmatic.
© Operational Excellence Consulting. All rights reserved. 13
Long-term
Orientation
Masculinity/
Femininity
Individualism/
Collectivism
Uncertainty
Avoidance
Power
Distance
Cultural
Differences
Hofstede’s cultural dimensions can be used to develop an effective
strategy to cooperate with people from various countries
Source: G. Hofstede
Hofstede’s Cultural Dimensions Model
© Operational Excellence Consulting. All rights reserved. 14
The Power/Interest Grid for Stakeholder Prioritization is a useful tool for
stakeholder analysis in the change management process
The Power/Interest Grid
Manage
Closely
Keep
Satisfied
Monitor
(Minimum Effort)
Keep
Informed
Interest
Power
High
Low
Low
High
© Operational Excellence Consulting. All rights reserved. 15
Szpekman’s Communication Framework provides a holistic approach
to managing change communication to achieve positive outcomes
Szpekman’s Communication Framework
Communication
Leadership
Measures
Structure/Process
Rewards
Knowledge/Skill Emphasis
Competency models
Hiring processes
Orientation programs
Training and development
Feedback and coaching
Talent planning
Performance management
360 degree feedback
Employee surveys
Performance metrics and
benchmarks
Communication plans
Print and electronic media
Face-to-face communication
Compensation plans
Benefits
Recognition programs
Promotions
Organization structure
Career paths
Policies and procedures
Roles and responsibilities
Tools and support
Vision and strategy
Agenda items
Questions
Praise
Resources
Assignments
Symbolic behavior
MANAGERS
Source: Andy Szpekman
© Operational Excellence Consulting. All rights reserved. 16
The Johari Window is a communication model that is used to improve
self-awareness and understanding between individuals
The Johari Window
Source: Adapted from Joseph Luft & Harry Ingham
Known to
others
Unknown
to others
Known to self Unknown to self
OPEN
1
HIDDEN
3
UNKNOWN
4
2
BLIND
© Operational Excellence Consulting. All rights reserved. 17
The Training Needs Analysis (TNA) framework provides a systematic
approach to identify gaps in employee training and related training needs
The TNA Framework
Source: Blanchard & Thacker
Performance
Gap
Person
Analysis
Organizational
Analysis
Operational
Analysis
Non-Training
Needs
Training
Needs
Identify
Performance
Discrepancy
and its Causes
© Operational Excellence Consulting. All rights reserved. 18
ADDIE Model is a systematic instructional design model comprising five
phases: Analysis, Design, Development, Implementation & Evaluation
The ADDIE Model
Evaluation
Implementation Development
Design
Analysis
© Operational Excellence Consulting. All rights reserved. 19
The Conscious Competence Learning Model relates to the
psychological states involved in the process of progressing from
incompetence to competence in a skill
The Conscious Competence Learning Model
Source: Noel Burch (Gordon Training International)
Incompetent Competent
Competence
Consciousness
Unconscious
Conscious
Unconscious
Incompetence
Unconscious
Competence
Conscious
Competence
Conscious
Incompetence
© Operational Excellence Consulting. All rights reserved. 20
Overview of Kirkpatrick’s Four-Level Training Evaluation
Model
Results
The degree to which targeted
outcomes occur as a result of the
training and the support and
accountability package
Behavior
The degree to which participants apply
what they learned during training
when they are back on the job
Learning
The degree to which participants
acquire the intended knowledge, skills,
attitude, confidence and commitment
based on their participation in the
training
Reaction
The degree to which participants find
the training favorable, engaging and
relevant to their jobs
Level 1
Level 4
Level 3
Level 2
Source: Donald Kirkpatrick
Kirkpatrick Model
© Operational Excellence Consulting. All rights reserved. 21
The Five Modes of Design Thinking is a human-centered, creative
problem-solving process of discovery, ideation and experimentation
Five Modes of Design Thinking
Learn about the
audience for
whom you are
designing, by
observation and
interview. Who is
my user? What
matters to this
person?
Create a point of
view that is
based on user
needs and
insights.
What are their
needs?
Brainstorm and
come up with
as many
creative
solutions as
possible.
Wild ideas are
encouraged!
Build a
representation of
one or more of
your ideas to show
to others. How can
I show my idea?
Remember: A
prototype is just a
rough draft!
Share your
prototyped idea
with your original
user for
feedback. What
worked? What
didn’t?
EMPATHIZE
DEFINE
IDEATE
PROTOTYPE
TEST
Source: Based on Stanford University d.school
© Operational Excellence Consulting. All rights reserved. 22
PDCA (Plan–Do–Check–Act) is an iterative four-step management
method used in business for the control and continuous improvement
of processes and products
Act
Check
Do
Plan
Establish objectives &
processes necessary
to deliver results
Improve product
and process
performance
Monitor, measure,
analyze and report
results Implement the
plan
Source: Adapted from W. E. Deming
PDCA Cycle
© Operational Excellence Consulting. All rights reserved. 23
Insert Header
Insert bumper – takeaway statement
PDCA Cycle (TEMPLATE)
Act
Check
Do
Plan
Establish objectives &
processes necessary to
deliver results
Improve product and
process performance
Monitor, measure,
analyze and report
results Implement the plan
Source: Adapted from W. E. Deming
© Operational Excellence Consulting. All rights reserved. 24
Six Sigma DMAIC is a data-driven improvement cycle used for
improving, optimizing and stabilizing business processes
Six Sigma
DMAIC
Roadmap
Improve
Measure
Analyze
Define
Control
Define the problem
or opportunity
Measure the current
performance and
capability
Analyse to identify
root causes
Improve by
implementing potential
solutions
Control by
standardizing solution
and monitoring
performance
Six Sigma DMAIC Model
© Operational Excellence Consulting. All rights reserved. 25
Business Process Reengineering (BPR) is the fundamental
reconsideration and radical redesign of organizational processes
BPR Model
1.
Determine Scope
& Goal
3.
Install
Management
4.
Implement &
Integrate
Indicator for need:
§ Conflicts
§ Meetings
§ Non-structure
communication
§ Strategic dialog
Key elements:
§ Focus on output
requirements
§ Critical success factors
§ Efficiency
Key elements:
§ Define management
tools
§ Performance
measurement
§ Learning
§ Compensation
Key elements:
§ Install management
§ Manage change
management
2.
Redesign Process
Structure
Source: Hammer & Campy, 1993
© Operational Excellence Consulting. All rights reserved. 26
The PMI PMBOK is a set of best practices that are widely used for
project management in a wide variety of industries
Initiating
Processes
Planning
Processes
Monitoring &
Controlling
Processes
Executing
Processes
Closing
Processes
(Arrows represent
flow of information)
Source: Project Management Institute
PMBOK 6 Project Management
© Operational Excellence Consulting. All rights reserved. 27
The Eight Principles of ISO 31000:2018 communicate the value of risk management,
explain its intention and purpose and are the foundation for managing risk
Source: International Organization for Standardization
Integrated
Continual
Improvement
Human
and
Cultural Factors
Best
Available
Information
Dynamic Inclusive
Customized
Structured
and
Comprehensive
Value Creation
and
Protection
ISO 31000:2018 Risk Management Principles
© Operational Excellence Consulting. All rights reserved. 28
Operational Excellence Consulting is a management training and consulting
firm that assists organizations in improving business performance and
effectiveness. Based in Singapore, the firm’s mission is to create business
value for organizations through innovative design and operational excellence
management training and consulting solutions. For more information, please
visit www.oeconsulting.com.sg

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Change Management Models

  • 1. © Operational Excellence Consulting. All rights reserved. This presentation is a collection of PowerPoint diagrams and templates used to convey 25 different Change Management models and frameworks. Change Management Models Diagrams and Templates of Change Management Models and Frameworks
  • 2. © Operational Excellence Consulting. All rights reserved. 2 Contents 1. The Change Curve Model 2. Bridges’ Transition Model 3. Lewin’s Three Stage Change Model 4. Impact Analysis 5. Leavitt’s Diamond 6. Burke-Litwin’s Change Model 7. The McKinsey 7S Framework 8. The ADKAR Change Model 9. Kotter’s Eight Phases of Change 10. Beer & Nohria’s E & O Theories 11. Hofstede’s Cultural Dimensions 12. The Power/Interest Grid for Stakeholder Prioritization 13. Osgood-Schramm’s Communication Model 14. Szpekman’s Communication Framework 15. The Johari Window 16. The Training Needs Analysis Framework 17. The ADDIE Model 18. The Conscious Competence Learning Model 19. Kirkpatrick’s Four-Level Training Evaluation Model 20. Design Thinking Model 21. The PDCA Cycle 22. Six Sigma 23. Business Process Reengineering (BPR) 24. Project Management Body of Knowledge (PMBoK) 25. ISO 31000:2018 Risk Management NOTE: This is a PARTIAL PREVIEW. To download the complete presentation, please visit: http://www.oeconsulting.com.sg
  • 3. © Operational Excellence Consulting. All rights reserved. 3 The Change Curve model describes the four stages most people go through as they adjust to change Source: Elisabeth Kubler-Ross The Change Curve Stage 1 2 3 4 State Status quo Disruption Exploration Rebuilding Reaction Shock, Denial Anger, Fear Acceptance Commitment Positive Negative Impact
  • 4. © Operational Excellence Consulting. All rights reserved. 4 Bridges’ Transition Model highlights the feelings of people and help them make a smooth transition during change Source: William Bridges Time Importance Ending, Losing, Letting Go The Neutral Zone The New Beginning Bridges’ Transition Model
  • 5. © Operational Excellence Consulting. All rights reserved. 5 Lewin’s Three Stage Change Process is a simple and easy-to- understand framework for managing organizational change Source: Kurt Lewin • Ensures that employees are ready for change Unfreeze • Execute the intended change Change • Ensures that the change becomes permanent Refreeze Lewin’s Change Model
  • 6. © Operational Excellence Consulting. All rights reserved. 6 Impact Analysis is a technique designed to unearth the “unexpected” negative effects of a change on an organization Impact Analysis Process Impact Analysis Roadmap Evaluate Impacts Brainstorm Major Areas Affected Identify All Areas Prepare for Impact Analysis Manage the Consequences
  • 7. © Operational Excellence Consulting. All rights reserved. 7 Leavitt’s Diamond demonstrates that each element of an organization’s system – people, tasks, structure and technology – are interdependent Leavitt’s Diamond Task Technology People Structure Source: Harold J. Leavitt
  • 8. © Operational Excellence Consulting. All rights reserved. 8 The Burke-Litwin Change Model describes the causal relationships among the key factors that affect performance, and determine how change occurs in an organization The Burke-Litwin Change Model Source: Burke and Litwin Mission & Strategy Structure Task & Individual Skills Organizational Culture Systems (Policies & Procedures) Individual Needs & Values Management Practices Work Unit Climate Motivation External Environment Leadership Individual & Organizational Performance Feedback Feedback
  • 9. © Operational Excellence Consulting. All rights reserved. 9 The McKinsey 7-S framework highlights seven internal aspects of an organization that need to be aligned if it is to be successful Structure Systems Style Staff Skills Strategy Shared Values Source: McKinsey Soft Elements Hard Elements McKinsey 7-S Framework
  • 10. © Operational Excellence Consulting. All rights reserved. 10 The ADKAR Change Model (Awareness, Desire, Knowledge, Ability, Reinforcement) provides a simple and action-oriented framework for taking control of individual change ADKAR Change Model Source: Based on Prosci® ADKAR® Model A R A D K KNOWLEDGE REINFORCEMENT AWARENESS DESIRE ABILITY § Understand the need for change § Understand nature of the change § Sustain the change § Build a culture and competence around change § How to change § Implement new skills and behaviors § Support the change § Participate and engage § Implement the change § Demonstrate performance
  • 11. © Operational Excellence Consulting. All rights reserved. 11 Kotter’s Eight-Step Change Process provides a roadmap for advancing a culture of performance excellence Kotter’s 8-Step Change Model Need for Change Change Behavior Change Direction Change Sustainability 1. Establish a Sense of Urgency 2. Build a Guiding Coalition 3. Form a Strategic Vision 4. Enlist a Volunteer Army 5. Enable Action by Removing Barriers 6. Generate Short-term Wins 7. Sustain Acceleration 8. Institute Change Committed Leadership Source: Based on John Kotter, 1996 & 2014
  • 12. © Operational Excellence Consulting. All rights reserved. 12 Beer & Nohria’s E & O Theories provide two approaches to organizational change and creating sustainable competitive advantage Source: Beer & Nohria Beer & Nohria’s E & O Theories Theory E • The purpose of Theory E is the creation of economic value, often expressed as shareholder value. • Its focus is on formal structure and systems. It is driven from the top by the extensive aid of consultants and financial incentives. • Change is planned and programmatic. Theory O • The purpose of Theory O is the development of an organization’s human ability to implement strategy and to learn about the effectiveness of the changes made from the actions action. • Its focus is on the development of a high-commitment culture. Its means consist of high involvement, where consultants and incentives are relied on far less to drive change. • Change is emergent, rather than planned and programmatic.
  • 13. © Operational Excellence Consulting. All rights reserved. 13 Long-term Orientation Masculinity/ Femininity Individualism/ Collectivism Uncertainty Avoidance Power Distance Cultural Differences Hofstede’s cultural dimensions can be used to develop an effective strategy to cooperate with people from various countries Source: G. Hofstede Hofstede’s Cultural Dimensions Model
  • 14. © Operational Excellence Consulting. All rights reserved. 14 The Power/Interest Grid for Stakeholder Prioritization is a useful tool for stakeholder analysis in the change management process The Power/Interest Grid Manage Closely Keep Satisfied Monitor (Minimum Effort) Keep Informed Interest Power High Low Low High
  • 15. © Operational Excellence Consulting. All rights reserved. 15 Szpekman’s Communication Framework provides a holistic approach to managing change communication to achieve positive outcomes Szpekman’s Communication Framework Communication Leadership Measures Structure/Process Rewards Knowledge/Skill Emphasis Competency models Hiring processes Orientation programs Training and development Feedback and coaching Talent planning Performance management 360 degree feedback Employee surveys Performance metrics and benchmarks Communication plans Print and electronic media Face-to-face communication Compensation plans Benefits Recognition programs Promotions Organization structure Career paths Policies and procedures Roles and responsibilities Tools and support Vision and strategy Agenda items Questions Praise Resources Assignments Symbolic behavior MANAGERS Source: Andy Szpekman
  • 16. © Operational Excellence Consulting. All rights reserved. 16 The Johari Window is a communication model that is used to improve self-awareness and understanding between individuals The Johari Window Source: Adapted from Joseph Luft & Harry Ingham Known to others Unknown to others Known to self Unknown to self OPEN 1 HIDDEN 3 UNKNOWN 4 2 BLIND
  • 17. © Operational Excellence Consulting. All rights reserved. 17 The Training Needs Analysis (TNA) framework provides a systematic approach to identify gaps in employee training and related training needs The TNA Framework Source: Blanchard & Thacker Performance Gap Person Analysis Organizational Analysis Operational Analysis Non-Training Needs Training Needs Identify Performance Discrepancy and its Causes
  • 18. © Operational Excellence Consulting. All rights reserved. 18 ADDIE Model is a systematic instructional design model comprising five phases: Analysis, Design, Development, Implementation & Evaluation The ADDIE Model Evaluation Implementation Development Design Analysis
  • 19. © Operational Excellence Consulting. All rights reserved. 19 The Conscious Competence Learning Model relates to the psychological states involved in the process of progressing from incompetence to competence in a skill The Conscious Competence Learning Model Source: Noel Burch (Gordon Training International) Incompetent Competent Competence Consciousness Unconscious Conscious Unconscious Incompetence Unconscious Competence Conscious Competence Conscious Incompetence
  • 20. © Operational Excellence Consulting. All rights reserved. 20 Overview of Kirkpatrick’s Four-Level Training Evaluation Model Results The degree to which targeted outcomes occur as a result of the training and the support and accountability package Behavior The degree to which participants apply what they learned during training when they are back on the job Learning The degree to which participants acquire the intended knowledge, skills, attitude, confidence and commitment based on their participation in the training Reaction The degree to which participants find the training favorable, engaging and relevant to their jobs Level 1 Level 4 Level 3 Level 2 Source: Donald Kirkpatrick Kirkpatrick Model
  • 21. © Operational Excellence Consulting. All rights reserved. 21 The Five Modes of Design Thinking is a human-centered, creative problem-solving process of discovery, ideation and experimentation Five Modes of Design Thinking Learn about the audience for whom you are designing, by observation and interview. Who is my user? What matters to this person? Create a point of view that is based on user needs and insights. What are their needs? Brainstorm and come up with as many creative solutions as possible. Wild ideas are encouraged! Build a representation of one or more of your ideas to show to others. How can I show my idea? Remember: A prototype is just a rough draft! Share your prototyped idea with your original user for feedback. What worked? What didn’t? EMPATHIZE DEFINE IDEATE PROTOTYPE TEST Source: Based on Stanford University d.school
  • 22. © Operational Excellence Consulting. All rights reserved. 22 PDCA (Plan–Do–Check–Act) is an iterative four-step management method used in business for the control and continuous improvement of processes and products Act Check Do Plan Establish objectives & processes necessary to deliver results Improve product and process performance Monitor, measure, analyze and report results Implement the plan Source: Adapted from W. E. Deming PDCA Cycle
  • 23. © Operational Excellence Consulting. All rights reserved. 23 Insert Header Insert bumper – takeaway statement PDCA Cycle (TEMPLATE) Act Check Do Plan Establish objectives & processes necessary to deliver results Improve product and process performance Monitor, measure, analyze and report results Implement the plan Source: Adapted from W. E. Deming
  • 24. © Operational Excellence Consulting. All rights reserved. 24 Six Sigma DMAIC is a data-driven improvement cycle used for improving, optimizing and stabilizing business processes Six Sigma DMAIC Roadmap Improve Measure Analyze Define Control Define the problem or opportunity Measure the current performance and capability Analyse to identify root causes Improve by implementing potential solutions Control by standardizing solution and monitoring performance Six Sigma DMAIC Model
  • 25. © Operational Excellence Consulting. All rights reserved. 25 Business Process Reengineering (BPR) is the fundamental reconsideration and radical redesign of organizational processes BPR Model 1. Determine Scope & Goal 3. Install Management 4. Implement & Integrate Indicator for need: § Conflicts § Meetings § Non-structure communication § Strategic dialog Key elements: § Focus on output requirements § Critical success factors § Efficiency Key elements: § Define management tools § Performance measurement § Learning § Compensation Key elements: § Install management § Manage change management 2. Redesign Process Structure Source: Hammer & Campy, 1993
  • 26. © Operational Excellence Consulting. All rights reserved. 26 The PMI PMBOK is a set of best practices that are widely used for project management in a wide variety of industries Initiating Processes Planning Processes Monitoring & Controlling Processes Executing Processes Closing Processes (Arrows represent flow of information) Source: Project Management Institute PMBOK 6 Project Management
  • 27. © Operational Excellence Consulting. All rights reserved. 27 The Eight Principles of ISO 31000:2018 communicate the value of risk management, explain its intention and purpose and are the foundation for managing risk Source: International Organization for Standardization Integrated Continual Improvement Human and Cultural Factors Best Available Information Dynamic Inclusive Customized Structured and Comprehensive Value Creation and Protection ISO 31000:2018 Risk Management Principles
  • 28. © Operational Excellence Consulting. All rights reserved. 28 Operational Excellence Consulting is a management training and consulting firm that assists organizations in improving business performance and effectiveness. Based in Singapore, the firm’s mission is to create business value for organizations through innovative design and operational excellence management training and consulting solutions. For more information, please visit www.oeconsulting.com.sg