OCP Plan Measure

In order to achieve the success while sustaining the change in the organisation, it is necessary to develop the effective measurement strategy which addresses basic approaches and measures that need improvement.Advertising We will write a custom report sample on OCP Plan: Measure specifically for you for only $16.05 $11/page Learn More While focusing on the measurement plan, leaders become able to analyse the current progress regarding the change promotion and address any issues and barriers in a timely manner with the help of the proposed reaction plan. From this point, the main focus is on measuring effectiveness of the change integration, customer satisfaction levels, employee satisfaction levels, training effectiveness, and profitability. Key indicators and reaction triggers are determined to conclude what aspects of the plan need to be changed. The key objectives in measuring effectiveness of the change integration are the focus on analysing how cha nge integration meets the industry’s needs and stakeholders’ needs and how change integration can respond to the corporate purpose. Customer satisfaction is one more important factor which should be measured in order to understand the customers, suppliers, and regulators’ readiness for change according to the developed plan and with the focus on the milestone completion. The other important aspect is the factor of employee satisfaction which should be monitored in order to create the positive environment for cooperation and sustaining the organisational change. The main purpose to measure the training effectiveness is the necessity to understand how training can contribute to promoting the change and what approaches should be used to improve the current strategy. The final important category to be examined with the help of the plan is the return on capital investment and profitability.Advertising Looking for report on business economics? Let's see if we ca n help you! Get your first paper with 15% OFF Learn More It is important to conclude about the role of change while focusing on shifts in sales rates, customer satisfaction levels, and warranty rates. Key Indicator Description Owner Measurement Method Frequency Reaction Trigger Reaction Plan Stakeholder’s Response Change Integration Strategic Management Team Surveys Monthly Negative response Change the implementation strategy; revise objectives Acceptance Test Results Answers to FAQs Customer Satisfaction Marketing Team Surveys FAQs Monthly Negative on-time milestone completion Conduct analysis Answers to FAQs Employee Satisfaction HR Manager FAQs Monthly Decrease in satisfaction Develop strategies to cope with change Time spent on development Quality and production rates Training Effectiveness Training Team Checklists Reports Monthly Low quality rates and exam scores Improve training program ROI Profit Return on Capital Investment Profitability Cost C ontroller Accounts Reports Quarterly Low profits Conduct financial analysis From this perspective, measurement methods, key indicators, frequency, and reaction triggers should be regularly monitored by specialists to control the change in the organisation. Measuring results of the change integration with the focus on the stakeholders’ response, it is possible to become ready to changing and improving the implementation strategy according to observed results. Focusing on customer satisfaction, it is important to analyse survey pilots’ results and monitor the customers’ acceptance of change in order to propose further improvements while determining how customers are aware of the organisational shift and associated changes. It is possible to monitor the employee satisfaction while collecting their answers to FAQs, analysing attrition and absenteeism, and proposing strategies to cope with the change. Furthermore, training effectiveness can be measured with refere nces to monitoring time, quality, and production rates in addition to succession rates and exam scores. Profitability associated with the implanted change should be monitored with the focus on changes in rates and numbers connected with ROI, assets, fixed and variable costs, and profits. This report on OCP Plan: Measure was written and submitted by user Kali Kirk to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.