Session 4- What causes change?

In today’s twc lesson, we examined the different drivers of change, its implications and what decreased people mentions about innovation like Charles Dawin, George Benard Shaw and Oliver Wendell Holmes. For the second half, we learnt about the stages of when people buy products, touched on managers vs leaders. We also talked about cheese.

The things I found most interesting was “Proactively Managing Change – Understanding the Pessimism-Time Curve”. Though a little hard to comprehend at the beginning, it is a MUST HAVE concept in your knowledge vocabulary. Knowing “Uninformed optimism” will help people realize that it is normal for the High at the beginning stage to fade away. Understanding “Informed pessimism” and “Informed realism” lets team members know that hardship will definitely come and they have to persevere over the latent energy hump- they will look forward to informed realism over the hump. Framing is so important as it sets expectations for the team thus reducing dropout rates.

Top 10 Things that I learnt in today’s lesson:

1.  Dead people are good to quote as they can’t sue you.
2.  Companies should think about “wild cards” like those in the reading “Global Drivers of Change to 2060” one such wild card will be that government might implement a green policy anytime.
3. Great technology that already exist might not have been realised by other countries. Like mention in class, the wheel in the past.
4. In the chart of the New technology adoption, I probably will fall under the “Early adopters, visionaries” category.
5. The “Proactively Managing Change – Understanding the Pessimism-Time Curve” should be taught to newly formed groups. It is important to frame their minds about what’s upcoming.
6. Traditional model of Freeze-unfreeze-refreeze should make way for the newer models in this ever changing environment.
7. Look out for Africa, its up and coming.
8. When one becomes a serial entrepreneur, learn to let go!! Leave it to managers who are good at running.
9. Only those who dare to fail greatly can ever achieve greatly.
10. Managers imitate, Leaders originate.

Further discussion can elaborate on how students can be change makers; the initial steps required and how to get support for our idea.

I will personally rate this class a 7.5/10. Although the student’s presentation was not as well delivered as hoped, I learnt a lot for a 3 hours class with knowledge useful in the future.