We are independent & ad-supported. We may earn a commission for purchases made through our links.

Advertiser Disclosure

Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.

How We Make Money

We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently from our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

How do I Make a Change Management Plan?

H. Bliss
By H. Bliss
Updated May 17, 2024
Our promise to you
WiseGEEK is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At WiseGEEK, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

Change management plans need to be catered to each company, and must address the needs of the business and its employees during the time of change. Parts of a change management plan include financial planning, logistical planning, workforce planning, and psychological planning. Each part of a change management plan is essential to its success, and you will often find yourself conducting all four types of planning at once in order to best coordinate the change. One essential step in any effective change management plan is creating slack for error, which can include financial slack or extra time to deal with unexpected problems in the change.

Simple first steps when devising a change management plan include setting goals and milestones for measuring success. Goals can include budget, projected dates for change completion, and estimated benefits the company should receive by making the change. Setting financial goals and time line milestones can help direct and measure the progress of change. Ensure that you put aside time in your plan for processes that take time to complete, like production of materials or products necessary for the change, or physical changes like moving or remodeling.

Another important part of a change management plan is making physical resources for the change available at the stage of change in which they are needed. For instance, if you are training some associates on a new computer program, and the computer delivery does not arrive in time for your network administrators to get the system online for training, this can create delays that affect the overall success of the change management plan. Planning for resources can also include planning for manpower needed for physical work related to the change, such as moving furniture or setting up cubicles within an office building.

Do not implement a change before you plot out the financial details of the change. Use your company's accounting records to get a clear picture of company finances going into the change. This will not only help you plan for expenses during the change, but it will also help you determine whether the change implementation was successful. Heading into a change can be catastrophic for a company if it does not have enough money to fully fund the change. By budgeting and planning financial details for a change, you can help protect against money mistakes during change that can impact production and interrupt the course of your business.

Though it involves more emotional aspects than business sense, making time for the human and psychological impacts of change is essential to making an effective plan. When people are introduced to change, they need to be trained to use the new system. They may often become stressed, and may resist the change directly or by refusing to use the new system. Preventing human problems with change starts with effective communication. Effective communication includes regular meetings that occur at least once weekly, effective training with feedback, and an open door to personally communication with employees having problems with the change.

WiseGEEK is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.

Discussion Comments

WiseGEEK, in your inbox

Our latest articles, guides, and more, delivered daily.

WiseGEEK, in your inbox

Our latest articles, guides, and more, delivered daily.