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Mastering Change: Essential Skills to Transform Yourself and Others | PPTX
MASTERING
CHANGE:
ESSENTIAL SKILLS TO
TRANSFORM YOURSELF AND
OTHERS
    By Bill Bayer
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
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
           Copyright William W Bayer 2013
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
            Copyright William W Bayer 2013
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
            Copyright William W Bayer 2013
Family Demographics Changes
1960
                                   2010
    72% married                       51% married
    5% Divorced                       14% Divorced

    9% Widowed                        6% Widowed

    15% Never Married                 28% Never Married




                 Copyright William W Bayer 2013
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
                     Copyright William W Bayer 2013
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%
                 Copyright William W Bayer 2013
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)
                 Copyright William W Bayer 2013
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.
                  Copyright William W Bayer 2013
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.
            Copyright William W Bayer 2013
Conclusion
 The  ability to deal effectively with change
 is critical to success in all phases of life.
  Workplace
  Family and Relationships
  Personal
  Wealth Creation
               Copyright William W Bayer 2013
The Challenge
How  do we equip ourselves to
 consistently be able to adapt to
 change more efficiently than
 others do?

            Copyright William W Bayer 2013
Why do we Resist Change?
Security
Fear  of Loss
Influence of and Resistance from
 Others
Behavioral Style
            Copyright William W Bayer 2013
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%)
           Copyright William W Bayer 2013
Keys to Mastering Change
Attitude
Information
Goals
Plans
Actions
            Copyright William W Bayer 2013
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
            Copyright William W Bayer 2013
Attitudes About Change(Cont.)
Change is seen as threatening
Change is often associated with
 pain
Most people are pessimists
Change requires strong self-belief
            Copyright William W Bayer 2013
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
          Copyright William W Bayer 2013
Timely Information is Critical
Change   that surprises is difficult
 to deal with and emotionally
 damaging
Information allows us to
 anticipate change
             Copyright William W Bayer 2013
Increase Your Information
Timely
Accurate
Dependable
Differentpoint of view
Learn from experts
             Copyright William W Bayer 2013
Identify Exceptional Sources
Publications
Blogs
Internetand other Newsletters
Pay for quality information from
 experts
            Copyright William W Bayer 2013
Information Ideas
Barron’s
WSJ
The Economist
Industry newsletters
Books
            Copyright William W Bayer 2013
More Information Ideas
Good    internet sites
Blogs
 CalculatedRisk.com
 MichaelHyatt.com
 BillBayer.net
             Copyright William W Bayer 2013
Information Ideas – Social Trends
Pew   Research
Gallup Polls
Political Trends – RealPolitics
NY Times

            Copyright William W Bayer 2013
Information Ideas on the Edge
Magazines   at the library
Shopping Mall Research
New Music - The Lyrics
Talk to your Kids (Or someone
 else’s)
           Copyright William W Bayer 2013
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?
            Copyright William W Bayer 2013
Set Clear Goals for the Change
What  is the specific expected
 result?
How will you measure success?
How will you measure progress?

          Copyright William W Bayer 2013
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
             Copyright William W Bayer 2013
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
            Copyright William W Bayer 2013
Actions Needed to Lead Others
Initiate
        Personal Action
Communicate the Plan Clearly
Lead by Example
Continuously Communicate &
 Encourage
            Copyright William W Bayer 2013
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
           Copyright William W Bayer 2013
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!
            Copyright William W Bayer 2013
Leading Change - Example
Initiate
        action
Set an example by doing the
 hard stuff
Be cool under pressure or when
 obstacles are encountered
            Copyright William W Bayer 2013
Leading Change - Encourage
Be visible throughout the process
Anticipate obstacles and resistance
 and respond to them like they were
 expected
Over-communicate if necessary

            Copyright William W Bayer 2013
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
Final Point
People who become proficient at
 dealing effectively with change
 have a sustainable advantage
 throughout their life.

              Copyright William W Bayer 2013

Mastering Change: Essential Skills to Transform Yourself and Others

  • 1.
    MASTERING CHANGE: ESSENTIAL SKILLS TO TRANSFORMYOURSELF AND OTHERS By Bill Bayer
  • 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 Copyright William W Bayer 2013
  • 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 Copyright William W Bayer 2013
  • 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 Copyright William W Bayer 2013
  • 6.
    Family Demographics Changes 1960   2010 72% married 51% married 5% Divorced 14% Divorced 9% Widowed 6% Widowed 15% Never Married 28% Never Married Copyright William W Bayer 2013
  • 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 Copyright William W Bayer 2013
  • 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% Copyright William W Bayer 2013
  • 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) Copyright William W Bayer 2013
  • 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. Copyright William W Bayer 2013
  • 11.
    The Ultimate RealityAbout 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. Copyright William W Bayer 2013
  • 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 Copyright William W Bayer 2013
  • 13.
    The Challenge How do we equip ourselves to consistently be able to adapt to change more efficiently than others do? Copyright William W Bayer 2013
  • 14.
    Why do weResist Change? Security Fear of Loss Influence of and Resistance from Others Behavioral Style Copyright William W Bayer 2013
  • 15.
    Impact of BehaviorStyles DISC High D’s and High I’s Enjoy Change (32%) High S’s and High C’s Resist Change (68%) Copyright William W Bayer 2013
  • 16.
    Keys to MasteringChange Attitude Information Goals Plans Actions Copyright William W Bayer 2013
  • 17.
    Attitudes About ChangeLimit Change Cultural bias for the status quo Workplace and school rules and traditions emphasize structure Example – Medicating those who are inattentive in school Copyright William W Bayer 2013
  • 18.
    Attitudes About Change(Cont.) Changeis seen as threatening Change is often associated with pain Most people are pessimists Change requires strong self-belief Copyright William W Bayer 2013
  • 19.
    First Change yourAttitude Make a decision to equip yourself for change Become pro-active about change Embrace change as an opportunity when it comes Copyright William W Bayer 2013
  • 20.
    Timely Information isCritical Change that surprises is difficult to deal with and emotionally damaging Information allows us to anticipate change Copyright William W Bayer 2013
  • 21.
    Increase Your Information Timely Accurate Dependable Differentpointof view Learn from experts Copyright William W Bayer 2013
  • 22.
    Identify Exceptional Sources Publications Blogs Internetandother Newsletters Pay for quality information from experts Copyright William W Bayer 2013
  • 23.
    Information Ideas Barron’s WSJ The Economist Industrynewsletters Books Copyright William W Bayer 2013
  • 24.
    More Information Ideas Good internet sites Blogs CalculatedRisk.com MichaelHyatt.com BillBayer.net Copyright William W Bayer 2013
  • 25.
    Information Ideas –Social Trends Pew Research Gallup Polls Political Trends – RealPolitics NY Times Copyright William W Bayer 2013
  • 26.
    Information Ideas onthe Edge Magazines at the library Shopping Mall Research New Music - The Lyrics Talk to your Kids (Or someone else’s) Copyright William W Bayer 2013
  • 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? Copyright William W Bayer 2013
  • 28.
    Set Clear Goalsfor the Change What is the specific expected result? How will you measure success? How will you measure progress? Copyright William W Bayer 2013
  • 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 Copyright William W Bayer 2013
  • 30.
    Actions – IndividualChange 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 Copyright William W Bayer 2013
  • 31.
    Actions Needed toLead Others Initiate Personal Action Communicate the Plan Clearly Lead by Example Continuously Communicate & Encourage Copyright William W Bayer 2013
  • 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 Copyright William W Bayer 2013
  • 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! Copyright William W Bayer 2013
  • 34.
    Leading Change -Example Initiate action Set an example by doing the hard stuff Be cool under pressure or when obstacles are encountered Copyright William W Bayer 2013
  • 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 Copyright William W Bayer 2013
  • 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 whobecome proficient at dealing effectively with change have a sustainable advantage throughout their life. Copyright William W Bayer 2013