“ According to McKinsey , 70 % of change programmes fail to achieve their goals ,” explains Bhatt . “ Rapid technological advancements have disrupted the workplace more than ever . However , the resistance to change is a natural reaction , as change often creates anxiety and uncertainty . Change at work is feared for various reasons – fear of the unknown , fear of failure , criticism , and fear of being out of control . Managing fear and uncertainty should be a leader ' s top priority . Adapting to change in the workplace is necessary to endure , grow and succeed in a constantly evolving workplace .”
ESG policies might include implementing a car share initiative to reduce emissions , hiring more workers with disabilities or managing relations with shareholders .
Brandi Ford , Vice President at ISN , a contractor and supplier management company , knows that simply having ESG policies within an organisation is not enough .
“ While most companies have ESG policies in place , fewer are actually tracking ESGrelated data at their organisations and throughout their supply chains to ensure their policies are impactful ”, says Ford . “ Organisations may need to overcome several obstacles to incorporate their suppliers into their initiatives and track sustainability KPIs . Obstacles might include a lack of awareness or education .”
68 December 2021