You can’t escape the bleak financial news. Leading economists and financial institutions like Bank of America, Goldman Sachs and JP Morgan Chase are warning of a potential recession heading our way this year. And then, there’s inflation. They say we’re on the downswing finally. But coming from a 9.1% inflation rate[1] last year, a 40-year high by the way, it’s still shocking when your quick trip to the grocery store (not your stock-up marathon) drains nearly $100 from your wallet. If that weren’t enough, I learned a new financial term – stagflation. According to Time, it’s an old-school word for when recession and inflation happen at the same time[2]. They’re not sure it’ll happen in 2023, but they don’t rule it out.

@The Employee Engagement Summit | 19th April 2023, London

Forty1’s new behavioural science-based diagnostic tool generates personalised data-driven insights to help leaders deliver more impactful change.

Putting behavioural science to work to better understand why organisations do and don’t successfully change.

The Greek philosopher Heraclitus observed around the fifth century BC that change is the only constant in life. Fast-forward 2,500 years and change certainly appears constant within organisations. Yet, we remain less-than-brilliant at instigating, managing and delivering this critical change. The vast majority of change programmes stumble, and not for lack of budget. Instead, the challenge typically lies in not effectively bringing along our employees on the journey. This is ironic since we are – as a species – excellent at adapting to new environments.

You can’t escape the bleak financial news. Leading economists and financial institutions like Bank of America, Goldman Sachs and JP Morgan Chase are warning of a potential recession heading our way this year. And then, there’s inflation. They say we’re on the downswing finally. But coming from a 9.1% inflation rate[1] last year, a 40-year high by the way, it’s still shocking when your quick trip to the grocery store (not your stock-up marathon) drains nearly $100 from your wallet. If that weren’t enough, I learned a new financial term – stagflation. According to Time, it’s an old-school word for when recession and inflation happen at the same time[2]. They’re not sure it’ll happen in 2023, but they don’t rule it out.

We gathered change and communications professionals from around the world and asked them to share insights and experiences so we could explore how, together, we can change the way we change, for the better. 

We change our hairstyle and feel more confident, we change from Doritos to carrots and feel healthier, we change from couch sitters to Peloton devotees and feel stronger, we change from observers to participants and feel empowered.

Do you remember the Robert Zemeckis movie, Mars Needs Moms? Me neither. On the list of all-time box office flops, that one is at the top, with a loss of $144 million. It didn’t matter that it came from the acclaimed movie producer of Forrest Gump and the Back to the Future trilogy. It wasn’t done well, and people didn’t go to see it.

One of the key questions leaders are faced with is, "How do you maintain, or indeed strengthen, company culture in the face of change?" Our CEO, Russ Lidstone believes there are eight key principles to success in this area. Originally published by our CEO Russ Lidstone on Forbes: https://www.forbes.com/sites/forbesbusinesscouncil/2022/10/04/8-principles-for-catalysing-culture-through-change

“In the fast-changing world of healthcare there’s never been a greater need for
employees to adapt their behaviour, enabling them to work in new ways, learn new skills, and have new types of conversations. With the stakes so high and the margin for error so small we need a more science-based and data-driven approach to engaging
and empowering healthcare employees to change and excel.”

Listening, science, and skills: three steps to helping employees create change that really sticks.