Mastering the Art of Managing Organizational Change in the Cannabis Industry
08/11/23 • 24 min
Are you ready to transform your cannabis venture? To take it to the next level, you'll need to master the art of change management - a systematic approach to dealing with the transition or transformation of your company's goals, processes, or technologies. In this thrilling conversation, we dissect the top 10 triggers for change management, from technological advancements to market dynamics, and present the eight-step process created by Dr. John P. Kotter for managing change effectively. Properly implemented, this process can lead to significant improvements in your business.
But remember, change isn't just about new processes or tech. The human element is crucial for successful change management. It's about ensuring everyone involved understands the mission and feels equipped and empowered to contribute to it. We close the episode by sharing our own expertise and insights on how to leverage change for your business's success. Let us guide you on your journey to making change your competitive advantage in the cannabis industry. Get ready to turn change into a game changer. Let's ride the wave of change together, only at Cann Strategy.
Thank you for tuning in to 'Cann Strategy: Elevating Your Cannabis Business Venture'. Our mission is to empower cannabis investors, business owners, and entrepreneurs with rarely shared insider knowledge to navigate the fast-growth cannabis industry.
If you found value in this episode, please leave a review on your favorite podcast platform or share it with a friend. It makes a world of difference.
Also, don't forget to check out our website at www.cannstrategy.com for even more resources and insights into the cannabis business world. We offer a range of consulting services to help you navigate the complex cannabis industry and turn your cannabis business dream into a reality, no matter what stage of the game you're in.
Keep up with 'Cann Strategy' by following us on LinkedIn and Instagram
Have a question or topic you want us to discuss? Email us at [email protected]
And finally, if you haven't already, hit that subscribe button so you won't miss our next episode. See you next time on 'Weed Works', and remember: knowledge isn't just power - it's profit!"
Prefer reading? To reference any of our episodes in written format, visit the Cann Strategy blog
Are you ready to transform your cannabis venture? To take it to the next level, you'll need to master the art of change management - a systematic approach to dealing with the transition or transformation of your company's goals, processes, or technologies. In this thrilling conversation, we dissect the top 10 triggers for change management, from technological advancements to market dynamics, and present the eight-step process created by Dr. John P. Kotter for managing change effectively. Properly implemented, this process can lead to significant improvements in your business.
But remember, change isn't just about new processes or tech. The human element is crucial for successful change management. It's about ensuring everyone involved understands the mission and feels equipped and empowered to contribute to it. We close the episode by sharing our own expertise and insights on how to leverage change for your business's success. Let us guide you on your journey to making change your competitive advantage in the cannabis industry. Get ready to turn change into a game changer. Let's ride the wave of change together, only at Cann Strategy.
Thank you for tuning in to 'Cann Strategy: Elevating Your Cannabis Business Venture'. Our mission is to empower cannabis investors, business owners, and entrepreneurs with rarely shared insider knowledge to navigate the fast-growth cannabis industry.
If you found value in this episode, please leave a review on your favorite podcast platform or share it with a friend. It makes a world of difference.
Also, don't forget to check out our website at www.cannstrategy.com for even more resources and insights into the cannabis business world. We offer a range of consulting services to help you navigate the complex cannabis industry and turn your cannabis business dream into a reality, no matter what stage of the game you're in.
Keep up with 'Cann Strategy' by following us on LinkedIn and Instagram
Have a question or topic you want us to discuss? Email us at [email protected]
And finally, if you haven't already, hit that subscribe button so you won't miss our next episode. See you next time on 'Weed Works', and remember: knowledge isn't just power - it's profit!"
Prefer reading? To reference any of our episodes in written format, visit the Cann Strategy blog
Previous Episode
Six Sigma: Catalyst for Cannabusiness Operational Superstardom
What if your cannabis business could catapult to new heights of efficiency? Sounds too good to be true? We assure you, it isn't. In this episode, we peel back the layers of the powerful data-driven methodology, Six Sigma, and guide you on how it can be leveraged to supercharge your cannabis venture - be it cultivation, processing, lab testing, distribution or retail. We delve into the intricate hierarchy, decode the DMAIC process and share relevant scenarios where Six Sigma can be a game-changer.
Ever wondered about the DNA of a successful Six Sigma project? We walk you through a hypothetical situation involving a Six Sigma consultant streamlining a dispensary operation. We also discuss how Six Sigma illuminates untapped potential, aids in merging processes of a newly acquired business, or simply propels continuous improvement in a thriving venture. By the end of this episode, you'll have a pro-tip to greater operational efficiency, and a competitive edge in the crowded cannabis landscape. Tune in and transform your cannabis business venture with the power of Six Sigma!
Thank you for tuning in to 'Cann Strategy: Elevating Your Cannabis Business Venture'. Our mission is to empower cannabis investors, business owners, and entrepreneurs with rarely shared insider knowledge to navigate the fast-growth cannabis industry.
If you found value in this episode, please leave a review on your favorite podcast platform or share it with a friend. It makes a world of difference.
Also, don't forget to check out our website at www.cannstrategy.com for even more resources and insights into the cannabis business world. We offer a range of consulting services to help you navigate the complex cannabis industry and turn your cannabis business dream into a reality, no matter what stage of the game you're in.
Keep up with 'Cann Strategy' by following us on LinkedIn and Instagram
Have a question or topic you want us to discuss? Email us at [email protected]
And finally, if you haven't already, hit that subscribe button so you won't miss our next episode. See you next time on 'Weed Works', and remember: knowledge isn't just power - it's profit!"
Prefer reading? To reference any of our episodes in written format, visit the Cann Strategy blog
Next Episode
Exploring Employee Turnover and Retention in the Cannabis Industry
Are you ready for a swift, yet enlightening journey through the maze of employee turnover in the cannabis industry? We promise you an illuminating and insightful expedition that uncovers the reality of high turnover rates and their impact on businesses within this burgeoning industry. We unpack the tangible costs associated with high employee turnover, including the burden of recruitment and training, the sting of lost productivity, and the irreversible loss of invaluable industry knowledge. Drawing parallels with other fast-paced sectors, we shine a light on why the cannabis industry is grappling with skyrocketing turnover rates and how businesses can navigate these testing times.
As the cannabis industry matures, keeping employees around for the long haul has become the linchpin of business success. In this episode, we delve into the crucial topic of employee retention, exploring the powerful role of effective management, competitive compensation, professional development opportunities, and an overall inclusive work environment. We round off the discussion by examining the unique challenges and opportunities within the cannabis industry, offering businesses pragmatic strategies to keep their employees engaged and committed. So buckle up for a productive ride through the intricate landscape of employee turnover and retention in the cannabis sector.
Thank you for tuning in to 'Cann Strategy: Elevating Your Cannabis Business Venture'. Our mission is to empower cannabis investors, business owners, and entrepreneurs with rarely shared insider knowledge to navigate the fast-growth cannabis industry.
If you found value in this episode, please leave a review on your favorite podcast platform or share it with a friend. It makes a world of difference.
Also, don't forget to check out our website at www.cannstrategy.com for even more resources and insights into the cannabis business world. We offer a range of consulting services to help you navigate the complex cannabis industry and turn your cannabis business dream into a reality, no matter what stage of the game you're in.
Keep up with 'Cann Strategy' by following us on LinkedIn and Instagram
Have a question or topic you want us to discuss? Email us at [email protected]
And finally, if you haven't already, hit that subscribe button so you won't miss our next episode. See you next time on 'Weed Works', and remember: knowledge isn't just power - it's profit!"
Prefer reading? To reference any of our episodes in written format, visit the Cann Strategy blog
Cannabis Business Master Class - Mastering the Art of Managing Organizational Change in the Cannabis Industry
Transcript
Hey there , innovators and change makers , welcome to Can Strategy elevating your cannabis business venture the go-to podcast for cannabis entrepreneurs looking to level up their business game . Today we're diving into the topic of change management , which could be the game changer your business is looking for , because it is critical for all businesses , but is especially pertinent for
If you like this episode you’ll love
Episode Comments
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/cannabis-business-master-class-366021/mastering-the-art-of-managing-organizational-change-in-the-cannabis-in-52597808"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to mastering the art of managing organizational change in the cannabis industry on goodpods" style="width: 225px" /> </a>
Copy