Mastering change may be the most essential competency for living a successful life today. Changes happen at a faster pace each year. Unlike 25-30 years ago, most people will have multiple careers in multiple organizations. Unfortunately, our educational backgrounds and cultural expectations do not prepare us for the inevitable changes that we will face.
Successful people will be those who have developed the skills and attitudes required to change in response to the unpredictable and uncertain world we live in. Successful people will excel when change occurs because their transformational skills will allow them to react quicker and maximize the opportunities that changes present.
This presentation will help you determine your level of competency for handling change. You will learn specific steps to improve your ability to deal with changes that affect you personally. You will also learn how to lead change and be equipped to lead your team and your family through changing situations.
2. TV History
Date Milestone
1939 Black & White TV Exhibit at World’s Fair
1948-1959 Community Antenna Television in US & Canada
1952 UHF Broadcasting allowed by FCC (70 channels)
1954 Color Television – Rose Bowl Parade
1956 Wireless TV Remote Control
1962 Satellite TV Transmission
1971 First Cable TV converter
Copyright William W Bayer 2013
3. TV History (Continued)
Date Milestone
1972 HBO – First Pay TV network in US
1975 VHS (and Betamax) videotaping formats
1995 DVD’s and DVD Players
1998 High Definition TV
1999 Digital Recorders – TiVo, PVR, DVR
1999 Plasma and LCD Displays
2010 3D TV at Consumer Electronics Show
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4. Office Equipment
Date Milestone
1869 Remington Typewriter
1945 Army – Electronic Numerator, Integrator, Analyzer,
and Computer (ENIAC)
1950’s Electric Typewriters
1950’s Univac – first commercial computer system
1970’s Typewriter competes with Word Processors
1976 Wozniak and Jobs found Apple Computer
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5. Office Equipment (Continued)
Date Milestone
1960’s Copiers use ordinary paper
1970’s Facsimile (Fax) machines in common use
1981 IBM personal computer (DOS)
1985 Windows – makes computer “easy to use”
1990’s Computer networks in most offices
1990’s Email, internet, connecting personal computer
2000’s Cell Phones, Tablets, Mobile Internet Access
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6. Family Demographics Changes
1960
2010
72% married 51% married
5% Divorced 14% Divorced
9% Widowed 6% Widowed
15% Never Married 28% Never Married
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7. Family Demographics Changes
1960
2010
11% of children live 27% of children live
apart from their father apart from their father
4% live apart from Mom
8% live apart from Mom
Avg. hours Dads spend
Avg. hours Dads spend
with children = 2.6
with children = 6.5
Moms = 10.6
Moms = 12.9
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8. Stock Market Returns - Dow
Since 1900, Total Dow = 9.4%.(P=4.8%; Div=4.6%)
Since 1929, before the crash, total return of 8.8%
Since end of 1932 (after the crash), 11.1%
25 years from 1987 through 2012, 10.6%
13 years since 1999 (Dot Com bubble peak) 3.4%
Since 2007 - 2.6%
Total return in 2012 – 10.1%
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9. Stock Market Returns - NASDAQ
Price in 1978 – 99.77
Peak in 1987 – 455.20, avg. annual gain of 18%
1994, before internet boom – average of 14%
Peak in 2000 – average 19.5%
To low in early 2009 – average 8.5%
To end of 2012 – average of 10.5%
(Excludes dividends)
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10. Realities About Change
Change happens continuously
Change is occurring at a faster pace
Instant access to information today accelerates
change
Recent social changes (divorce, married women
working, single parent homes, abortion, gay rights,
children raised by unmarried couples, etc.) have
occurred at a higher pace than any time in history.
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11. The Ultimate Reality About Change
If we do not learn to deal with
change in a timely and effective
manner, our ability to succeed is
impaired and our ability to
survive is threatened.
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12. Conclusion
The ability to deal effectively with change
is critical to success in all phases of life.
Workplace
Family and Relationships
Personal
Wealth Creation
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13. The Challenge
How do we equip ourselves to
consistently be able to adapt to
change more efficiently than
others do?
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14. Why do we Resist Change?
Security
Fear of Loss
Influence of and Resistance from
Others
Behavioral Style
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15. Impact of Behavior Styles
DISC
High D’s and High I’s Enjoy
Change (32%)
High S’s and High C’s Resist
Change (68%)
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16. Keys to Mastering Change
Attitude
Information
Goals
Plans
Actions
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17. Attitudes About Change Limit Change
Cultural bias for the status quo
Workplace and school rules and
traditions emphasize structure
Example – Medicating those who
are inattentive in school
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18. Attitudes About Change(Cont.)
Change is seen as threatening
Change is often associated with
pain
Most people are pessimists
Change requires strong self-belief
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19. First Change your Attitude
Make a decision to equip
yourself for change
Become pro-active about change
Embrace change as an
opportunity when it comes
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20. Timely Information is Critical
Change that surprises is difficult
to deal with and emotionally
damaging
Information allows us to
anticipate change
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24. More Information Ideas
Good internet sites
Blogs
CalculatedRisk.com
MichaelHyatt.com
BillBayer.net
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25. Information Ideas – Social Trends
Pew Research
Gallup Polls
Political Trends – RealPolitics
NY Times
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26. Information Ideas on the Edge
Magazines at the library
Shopping Mall Research
New Music - The Lyrics
Talk to your Kids (Or someone
else’s)
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27. When Change Happens . . .
Or when you initiate it
What is the threat or reason for
the change?
What is the Goal?
Why is it important to Change?
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28. Set Clear Goals for the Change
What is the specific expected
result?
How will you measure success?
How will you measure progress?
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29. Develop a Plan
Step by step list of everything that
needs to be done.
If others are involved, list what they
need to do.
Also develop a plan to educate and
motivate the team
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30. Actions – Individual Change
Take Action
Taking the first step is key
Your plan should include specific
scheduled time on a regular basis
to work on the changes
Measure progress daily vs. plan
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31. Actions Needed to Lead Others
Initiate
Personal Action
Communicate the Plan Clearly
Lead by Example
Continuously Communicate &
Encourage
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32. Leading Change - Initiate
Ifyou are to successfully lead
change, the team needs to visibly
see you taking action to
implement the change – esp. at
the beginning
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33. Leading Change - Communicate
Meet with team to discuss the
reasons for the change and why it is
critical
Go over the plan and modify the
plan based on feedback – But not
the goal!
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34. Leading Change - Example
Initiate
action
Set an example by doing the
hard stuff
Be cool under pressure or when
obstacles are encountered
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35. Leading Change - Encourage
Be visible throughout the process
Anticipate obstacles and resistance
and respond to them like they were
expected
Over-communicate if necessary
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36. In Closing
Change happens continuously
Change is occurring at a faster pace
Instant access to information today accelerates
change
Expect more social changes
Successful people must master the skills required
to change quickly and effectively.
Copyright William W Bayer 2013
37. Final Point
People who become proficient at
dealing effectively with change
have a sustainable advantage
throughout their life.
Copyright William W Bayer 2013