No matter your industry, you likely have been (or will be) involved in the process of improving business operations. It usually involves many steps and impacts many areas of your organization—including leadership, diversity and inclusion, corporate design, and coaching. To ensure all aspects of the enterprise work in harmony to promote efficiency and improve business operations, how you approach planning is critical. Some of the most successful business planning uses the process of organizational development.
Organizational development (OD) is a process that leverages your company’s core goals to ensure that your organization can adapt, innovate, and embrace constant transformation. It uses a phased approach of exploring and assessing problems/opportunities, gathering feedback, developing and implementing a solution, and evaluating the performance of outcomes. Organizational development can be a really helpful business strategy to make your staff and systems more engaged and efficient in the long run. Most importantly, it can help your organization reinforce its purpose: why and how you show up to work each day.
It’s possible that not every stakeholder at your company will know—or fully embrace—organizational development. So as you delve into planning at the organizational level, keep these key factors in mind to help educate and rally your team:
Factoring in the ethics and compliance considerations of your organizational development process can make these three factors run much more smoothly for all stakeholders involved. Our 2021 Ethics & Compliance Program Effectiveness Report found that 71% of professionals reported that senior leaders integrated ethics and compliance considerations into their decision-making this past year. Get in touch with us to learn more about how to implement OD initiatives that reinvigorate your organizational purpose.