A while back, we posted some thoughts on implementing change in difficult times. I got to thinking about the approach we developed when I came across the recent activities of YG Entertainment in Korea.
I don’t normally follow entertainment companies in any country. I do like some of the music performed by the talented singers and dancers so when I run across something new, I usually take a look. I came across YG Entertainment while doing some research on white collar criminal activities and found some interesting reading on YG. I then started wondering how the organization was going to come through this mess. Switch from criminal justice interest to leadership and implementing change interest.
Our sense is that YG has apparently taken the “hunker down and let’s hope this storm passes quickly” approach. Good idea? Not so much. If I were to make a site visit to YG right about now, I’m pretty sure what we’d find – a staff that is struggling to get ahead of the storyline, a sense of wondering when the next shoe is going to drop, and pretty much a sense of just going through the motions. At this point, here’s where YG could be making a clean break from the rather tawdry past of the former chief executive and make a clean and fresh start. That takes some insight and knowledge of how change impacts people and organizations. One thing I’ve learned is that you can’t close your eyes and bull ahead, hoping that the past is finally left behind and the change will take hold. You might get some short term changes but those won’t last.
Here’s a thought – YG Entertainment, we know how to help you. Best thing is that we don’t have a horse in this race and our only agenda is helping you implement some much needed change. You handle the business end. We’ll assist with the people issues. Give us a call!