Our Change Management Certification Program has been approved as an ACMP's Qualified Education Provider™ (QEP™) Program indicating that our program aligns to ACMP's Standard for Change Management and adult education best practices.
The Association of Change Management Professionals (ACMP) 2016 Conference was an amazing opportunity to hear great speakers and meet peers that share our vision for change and growth. The first article "Let Us Tell You a Story" is written by two of our staff members that attended the 2016 Conference. Our second article has valuable information about becoming a Certified Change Management Professional (CCMP), a major topic at the conference. Don't forget to check out the link to Stacy Aaron's Podcast while you are at it.
Were you an ACMP 2016 Conference Participant? Get $300 off of your Change Guides Change Management Certification registration fee for 2016 Certifications! Change Guides is a Qualified Education Provider for ACMP. For more about this offer, email Sheri Schweppe at sheri.schweppe@changeguidesllc.com
Carol, an employee with over 30 years of service, deeply loves her work and truly wants what is best for her organization. She believes in the mission and values of the organization and has deep connections with the patrons. The director, Bob, was hired several years ago to help increase profitability, but hasn't been successful. When Bob presents a new revenue creation idea to board leadership, Carol publically questions the mission and vision alignment of the idea. A few months later Carol is called into Bob's office and is handed a letter explaining her position is being eliminated due to financial pressures. She feels deeply betrayed, angry and concerned for the organization she loves. Bob avoids Carol in the days that follow. She grapples with whether she is the victim of retribution. She decides to write a letter to the board...
At the ACMP conference, storytelling was a theme throughout several presentations. Research shows you use more of your brain when listening to a story, far more than when you listen to a slide presentation or read a written communication. As Susan Weinschenk Ph.D. describes "... because you are having a richer brain event, you enjoy the experience more, understand the information more deeply, and retain it longer." How can we use stories in change?
CCMP. What do these letters mean and why should you care? CCMP stands for Certified Change Management Professional. The Association of Change Management Professionals (ACMP) has been working hard to develop industry recognized certification programs. The CCMP designation is the first in a series of change management certifications to recognize the accomplishments of change professionals around the world.
Starting on May 15, 2016, CCMP will be available to everyone for application. You can go to www.myccmp.org to find out more about CCMP.
Why are we doing this? In a recent profession-wide survey on the future of Change Management we asked: "What additional professional development could you use...?"
Change Management Certification has made me think differently about how I do my job. I am constantly thinking about where people are on the commitment curve and considering the various tools that might apply to a given situation. Although I am a consultant tasked with driving change in other organizations, I have been discussing with the president of my company about how we can use change management tools internally as the company works to expand its service offerings and build a new brand.
Persistent communication is the key. When a client hears that change is necessary, the first reaction is to find all the reasons it won't work. This is especially interesting since the reason we are hired is to recommend change. Providing a consistent message over time and allowing two-way communication helps to allay the fears of the client. I have found that the same message to the same person can be received differently after some time has passed. The first time the message is heard there is a lot of resistance. Once the client has some time to come to terms with the change, they can truly hear what you have to say and begin to take steps to make the change happen. Not only is this true with the executives driving change, it is equally true to all those affected by the change.
With my current client, I am currently tasked with getting management to embrace that change is needed, sooner rather than later. The most important thing that I have used thus far was to create a sense of urgency among the executives to move them along the commitment curve from Understanding toward Desire. This movement has them working to determine how they can make the change successfully rather than contemplating why the various options won't work.
(Fortune Magazine) -- With Google in its mid-toddler years as a public company - it turns three on Aug. 19 - it has achieved something truly historic: It has created more investor wealth in less time than any company in history. So investors, repeat after me: All hail, Google! But don't put it in the wealth-creation pantheon quite yet. And please don't buy it at today's price.
The company's Wall Street rise has been breathtaking, especially when you look at wealth creation in the most fundamental and revealing way: total dollars that investors could take out today (the market value of all equity and debt) minus total dollars that they put in (equity investments, loans and retained earnings).
Google's figure is $149 billion and rising fast, pushing the company past most of America's biggest, most successful, most respected corporations. With Google (Charts, Fortune 500) at its recent record stock price of well over $500, only three companies have created more wealth: General Electric (Charts, Fortune 500), Exxon Mobil (Charts, Fortune 500) and Microsoft (Charts, Fortune 500).
That's an extremely fancy neighborhood, and what makes Google's arrival even more surprising is that the neighbors had to use way more capital to get there. Microsoft has used about $30 billion, GE more than $100 billion, and Exxon more than $200 billion. But Google has created all that staggering wealth using only $9 billion of capital. This is the info-based economy at its most dramatic and amazing.
Of course, any company's wealth creation rises and falls with its stock price, which raises a huge question in evaluating Google's achievement: Is today's price sustainable? I must report that there's just no way it is.
Every company's objective is to earn a return on capital that exceeds its cost of capital. Sounds obvious, but it's remarkable how many managers and even some investors lose sight of that fact. In performing this bedrock task, Google has been a superstar. Its cost of capital has consistently been around 13 percent, while its return on capital for the four quarters that ended March 31 was 52.5 percent. The resulting spread, almost 40 percent, is simply stunning and better than that for 99 percent of the companies in the Russell 3000, says the consulting firm EVA Dimensions.
So what's the problem? Just this: Google's tremendous past has sent investors into a delirium about its future. When you buy a stock, after all, what you're paying for is the future. Specifically, a stream of future profits, in particular what's called economic profit or economic value added (EVA), the dollar amount by which return on capital exceeds the cost of capital. With that in mind, I asked EVA Dimensions to calculate the EVA that Google would have to produce to justify today's stock price.
Here's what it found: To live up to the expectations embedded in its current share price, Google would have to increase its EVA, which was $2.4 billion for the past four quarters, by $2 billion annually this year, next year, and every year into the future - forever. So Google's EVA next year would have to be $4.4 billion; in five years it would have to be $12.4 billion, and so on.
That's what investors are counting on when they buy Google at today's price. Are they being realistic? No, they're not. To hit that EVA target, Google would have to invest $5.1 billion every year at its recent knockout return of 52.5 percent (assuming its capital cost doesn't vary much). But you can't invest $5.1 billion every year at 52.5 percent.
Indeed, the info-based economy just doesn't require that much capital, so investing mammoth sums almost always leads to lower, not higher, returns. Sure enough, Google's return on capital has been declining steadily as it has grown and invested more. Four years ago its return was 111 percent; the following year it was 82 percent. If the return continues to slide, which wouldn't be surprising, Google would find it even more difficult to hit the EVA target.
This analysis doesn't mean that Google stock will tank next week. Irrational valuations can last a long time, and sometimes they correct gently rather than violently. And it doesn't mean that Google is poorly run. On the contrary, it has been brilliantly run. It means that amid the breathless coverage that will doubtless attend Google's IPO anniversary, we need to remember that the ringing superlatives are based on a stock price that's nuts. Google is a terrific company that may one day deserve to sit beside GE, Exxon and Microsoft. But not yet.
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house important -- but nevertheless i wrote in that book that romney would make a great presidential nominee. i didn't know who the nominee would be. it's not a book about romney. i was proven remarkably impressionable by the 2007 book. the dean of the columbia school of journalism. the new yorkers national political reporter and always the go to guy for national political stories. the profile the in 2005 for the new yorker. it was a very nice piece. he told his liberal democratic leaders, the most influential conservative you ever heard of. okay. [laughter] that's okay, i guess. i don't really speak to the manhattan crowd, the your crowd. how many of you describe to the new yorker? i rest my case. he had read that and remembered that i've written this book about romney. what do you think now? have read the book. no, i haven't. go back and read in and coming back. he did. he called me back in about a week. what do you think of the book? we talked about it. in fact, i made predictions about this campaign which have come to be true, how ban would be mitt romney's greatest
house important -- but nevertheless i wrote in that book that romney would make a great presidential nominee. i didn't know who the nominee would be. it's not a book about romney. i was proven remarkably impressionable by the 2007 book. the dean of the columbia school of journalism. the new yorkers national political reporter and always the go to guy for national political stories. the profile the in 2005 for the new yorker. it was a very nice piece. he told his liberal democratic leaders, the...
romney's plans are vague. if i were moderating the debate that is coming october 3rd, i would spend about half of it asking them what would you do specifically. give us the diagnosis of the plan -- [applause] and tell us what you're really going to do. and part of that question is there has to be a willingness to compromise, and there has to be an innate willingness to do things that are painful for your side. i'm going to stop there, and we'll do questions. one more story. remember years ago the head of simon & schuster after i had published one of my books took me to dinner in new york city at one of these restaurants where you would never want to go where you have to pay. [laughter] and he said what's your next book going to be about in and i said, oh, well, i haven't decided. i'm going to do some thinking, some reading, some research. and he looked at me and said, what? i said, yeah, i want to do thinking, reading, reporting, weighing the alternatives, and he said why are you going to waste your time? [laughter] i said, well, that's what you try to do. and he said, no, no, no, you are
romney's plans are vague. if i were moderating the debate that is coming october 3rd, i would spend about half of it asking them what would you do specifically. give us the diagnosis of the plan -- [applause] and tell us what you're really going to do. and part of that question is there has to be a willingness to compromise, and there has to be an innate willingness to do things that are painful for your side. i'm going to stop there, and we'll do questions. one more story. remember years ago...
president not wearing a suit or why as governor romney wearing jeans? i had a candidate who was known for wearing gucci loafers. that is the only example i can think of. >> jimmy carter wore the blue jeans. but nothing like what women go through. since kathleen sebelius told of the debate and that ap writer talk about the color of the toenail polish. this was the lead. if you remember when michelle bachmann was running there were photographs of the fat -- french nails if it was appropriate the way they were shaped. then nancy pelosi when she first became speaker there resists series of snapshots wearing pearls. nobody has ever done six types of necktie is. but what you wear can send a message but four men there quickly pushed aside. more casual or uptight but dianne feinstein has fine fashion taste early in her career headed tough time to get people to think she had any understanding of the problems of sand princess go because her attire screamed she was from a wealthy part of the city. heard tire was sending a message. >> what are the other key differences women face other than men?
president not wearing a suit or why as governor romney wearing jeans? i had a candidate who was known for wearing gucci loafers. that is the only example i can think of. >> jimmy carter wore the blue jeans. but nothing like what women go through. since kathleen sebelius told of the debate and that ap writer talk about the color of the toenail polish. this was the lead. if you remember when michelle bachmann was running there were photographs of the fat -- french nails if it was...
the public opinion, struck by the fact if you ask americans barack obama or mitt romney, barack obama wins every time. why do you think that is? >> host: they get a pretty big debt between the two candidates. >> guest: i was shocked by the public opinion polls currently in the 11-point at a vigil for the foreign policy with barack obama and i can't see why. the only thing they talked about was killing them live in. >> host: that is what most people remember but i also think that obama has been actually on the same page in terms of the foreign policy leading from behind and americans are tired in terms of the foreign policy. that is and what a leader does decide. we have a crisis in the euro that could bring down the u.s. economy. we have a joblessness crisis. there are a lot of causes the president could pick the would resonate with the public and champion them instead of taking the obscure dates from the progress of wish list like the health care reform. >> host: we only have a few minutes left. tell us about your biggest conclusions and what you might do next. >> guest: well, you wr
the public opinion, struck by the fact if you ask americans barack obama or mitt romney, barack obama wins every time. why do you think that is? >> host: they get a pretty big debt between the two candidates. >> guest: i was shocked by the public opinion polls currently in the 11-point at a vigil for the foreign policy with barack obama and i can't see why. the only thing they talked about was killing them live in. >> host: that is what most people remember but i also think...
strongest leader barack obama or mitt romney, barack obama wins the contest every time. why do you think this? it's a pretty big gap between the candidates at this time. >> guest: i was shocked by the public opinion polls that barack obama and i can't see why because the democratic convention the achievement a tactic that is killing them lowden. >> host: that's the thing most people remember but i also think that obama has been on the front page in terms of foreign policy and retired in terms of the foreign policy that's not what the leader does. >> guest: leader needs to decide the crisis in the euro that can feel like they've done. we have a joblessness crisis right here the president could pick the would resonate with the public and championed them instead of taking obscure from the progressive wish list like health care reform. >> host: we have only a few minutes left. tell us about the biggest conclusions from the book and what you might do next. >> guest: you write in a book to answer a big question. you play detective for a year or so. you want to spend some time thinking about so
strongest leader barack obama or mitt romney, barack obama wins the contest every time. why do you think this? it's a pretty big gap between the candidates at this time. >> guest: i was shocked by the public opinion polls that barack obama and i can't see why because the democratic convention the achievement a tactic that is killing them lowden. >> host: that's the thing most people remember but i also think that obama has been on the front page in terms of foreign policy and...
The microformats community has grown and stablized over the past few years, news of adoptions, new ideas and challenges come up frequently enough that there are no shortage of new topics to discuss on a weekly basis.
We'll likely be discussing the current state of value-excerption-pattern-brainstorming with how tests are going with the "value-title" pattern and the date and time separation pattern.
Would like to attend one of these -- eventually. Life is crazy right now but I'll try to attend within the next month or two.
The Epic Level Handbook provides information on how to advance characters from the Player's Handbook and Dungeon Master's Guide to epic levels of power. But what about characters from other core D&D products?
Is your bladesinger feeling left out of the epic excitement? Is your planar champion yearning for new vistas of power? Is your frenzied berserker feeling...well, not so frenzied? Never fear -- we have the answer to your epic-level needs! This web enhancement by Andy Collins provides epic-level progressions for 24 prestige classes selected from Defenders of the Faith, Manual of the Planes, Masters of the Wild, Song and Silence, Sword and Fist, and Tome and Blood. Now players and Dungeon Masters have a wealth of epic-level options at their fingertips!