• Employees: Employees will benefit from the change project by having improved work processes, better job satisfaction, and increased productivity. The knowledge they gain may be useful in other aspects of their lives. It is difficult to get employees onboard with a new technology or process.
• Management/Leadership: Management will benefit from the change project by having a more efficient organization that can produce higher quality products or services at a lower cost. This could also increase the engagement of customers and their loyalty. The biggest challenge for leadership when implementing changes is ensuring buy-in from all levels within the organization—from executive staff to frontline employees.
• Customers/Clients: Customers/clients will benefit from the change project by receiving improved services or products in terms of quality, speed of delivery, etc., as well as gaining access to new features not previously available. The key to success is setting customer expectations, so that they know what they can expect from the project and after.
• Vendors/Suppliers: Vendors/suppliers will benefit from any changes made in terms of reduced costs due to streamlined operations; faster turnaround times; better product quality; improved customer service; etc.. It could lead to more business for both vendors and suppliers. The main challenge here lies in maintaining good relationships with existing vendors while onboarding new ones who can provide better value for money without compromising on quality standards set out by the company/organization.