There are many change management acronyms used in theory and practice of organizational change, but here are some of the most commonly used ones.
- ACMP – Association of Change Management Professionals
- ADKAR – Awareness, Desire, Knowledge, Ability, Reinforcement
- AGILE – Adaptive Growth and Innovation in Leadership and Execution
- APQC – American Productivity & Quality Center
- APM – Application Performance Management
- APMG – Accrediting Professional Managers Globally
- BPMN – Business Process Model and Notation
- BPM – Business Process Management
- CCA – Certified Change Agent
- CCM – Certified Change Manager
- CCMP – Certified Change Management Professional
- CMC – Certified Management Consultant
- CMCA – Certified Manager of Change in the Agile Enterprise
- CMP – Change Management Practitioner
- CBA – Cost-Benefit Analysis
- CCMP – Certified Change Management Professional
- CCMC – Change Management Communication and Collaboration
- CEB – Corporate Executive Board
- CI – Continuous Improvement
- CIO – Chief Information Officer
- CMII – Configuration Management II
- CMS – Content Management System
- COGS – Cost of Goods Sold
- CRM – Customer Relationship Management
- COBIT – Control Objectives for Information and Related Technology
- COPC – Customer Operations Performance Center
- COSO – Committee of Sponsoring Organizations of the Treadway Commission
- COTS – Commercial Off-The-Shelf
- CPQ – Configure Price Quote
- CRP – Conference Room Pilot
- CAGR – Compound Annual Growth Rate
- CSF – Critical Success Factor
- CTQ – Critical to Quality
- CFO – Cash Flow from Operations
- DD – Due Diligence
- DMAIC – Define, Measure, Analyze, Improve, Control.
- DMBOK – Data Management Body of Knowledge
- DSDM – Dynamic Systems Development Method
- DCF – Discounted Cash Flow
- EAP – Employee Assistance Program
- EAPM – Enterprise Application Performance Management
- ESOP – Employee Stock Ownership Plan
- ECI – Employee Confidence Index
- ECM – Enterprise Content Management
- EHR – Electronic Health Record
- EPMO – Enterprise Project Management Office
- EPM – Enterprise Performance Management
- ERP – Enterprise Resource Planning
- ERP II – Enterprise Resource Planning II
- EBT – Earnings Before Taxes
- EPS – Earnings per Share
- EBIT – Earnings Before Interest and Taxes
- EBITDA – Earnings Before Interest, Taxes, Depreciation, and Amortization
- FMEA – Failure Mode and Effects Analysis
- FTE – Full-Time Equivalent
- FTC – Federal Trade Commission
- FCF – Free Cash Flow
- GAP – Goals, Assessment, Plan
- GAAP – Generally Accepted Accounting Principles
- GRC – Governance, Risk, and Compliance
- HCM – Human Capital Management
- HRM – Human Resource Management
- IACCM – International Association for Contract and Commercial Management
- ICMA – Institute of Certified Management Accountants
- ICMCI – International Council of Management Consulting Institutes
- IIBA – International Institute of Business Analysis
- ITIL – Information Technology Infrastructure Library
- ICB – IPMA Competence Baseline
- ITSM – Information Technology Service Management
- IFRS – International Financial Reporting Standards
- ISO – International Organization for Standardization
- ITSM – Information Technology Service Management
- IPO – Initial Public Offering
- IRR – Internal Rate of Return
- KAI – Kirton Adaption-Innovation
- KMS – Knowledge Management System
- KMP – Kanban Management Professional
- KPI – Key Performance Indicator
- LCM – Life Cycle Management
- LEAN – Leadership, Empowerment, Agility, and Navigation
- LOI – Letter of Intent
- LIFO – Last In, First Out
- LBO – Leveraged Buyout
- M&A – Merger and Acquisition
- MBO – Management By Objectives
- MBO – Management Buyout
- MDM – Master Data Management
- MSP – Managing Successful Programmes
- MOU – Memorandum of Understanding
- NPS – Net Promoter Score
- NDA – Non-Disclosure Agreement
- NPV – Net Present Value
- NWC – Net Working Capital
- OCM – Organizational Change Management
- OCMC – Organizational Change Management Consultant
- OCR – Optical Character Recognition
- OOTB – Out of the Box
- OPM3 – Organizational Project Management Maturity Model
- P2P – Procure-to-Pay
- PCMM – People Capability Maturity Model
- PDCA – Plan, Do, Check, Act
- PERT – Program Evaluation and Review Technique
- PFMEA – Process Failure Mode and Effects Analysis
- P&L – Profit and Loss
- PI – Process Improvement
- PMBOK – Project Management Body of Knowledge
- PMO – Project Management Office
- PMP – Project Management Professional
- PPM – Portfolio Project Management
- PSA – Purchase and Sale Agreement
- PRINCE2 – Projects IN Controlled Environments
- PEG – Private Equity Group
- PTO – Paid Time Off
- PE – Private Equity
- RACI – Responsible, Accountable, Consulted, and Informed
- RCM – Reliability Centered Maintenance
- RFQ – Request for Quotation
- ROI – Return on Investment
- ROE – Return on Equity
- RTO – Reverse Takeover.
- SaaS – Software as a Service
- SARAH – Situation, Action, Result, And How
- SCM – Supply Chain Management
- SDLC – Software Development Life Cycle
- SEC – Securities and Exchange Commission
- SIPOC – Suppliers, Inputs, Process, Outputs, Customers
- SLA – Service Level Agreement
- SME – Subject Matter Expert
- SPICE – Software Process Improvement and Capability dEtermination
- SPAC – Special Purpose Acquisition Company
- SPA – Share Purchase Agreement
- SMC – Scrum Master Certified
- SAFe – Scaled Agile Framework
- SWAG – Scientific Wild-Ass Guess
- SWOT – Strengths, Weaknesses, Opportunities, and Threats
- TCO – Total Cost of Ownership
- TEV – Total Enterprise Value
- TQM – Total Quality Management
- VC – Venture Capital
Change Management Glossary of Terms
- Agile: An iterative approach to project management that emphasizes flexibility, collaboration, and responsiveness to change.
- Acquisition Integration: The process of combining the operations of two companies after an acquisition.
- Acquisition Premium: The amount by which the price paid for a company exceeds its fair market value.
- Acquirer: The company that is purchasing another company.
- Asset Sale: A type of acquisition where the buyer only purchases certain assets of the target company, rather than the entire company.
- Acquisition: The process of one company buying another company, either through a purchase of stock or assets.
- Amalgamation: The process of merging two or more companies into a new entity.
- Anti-Trust: Laws and regulations designed to prevent monopolies and promote competition in the marketplace.
- Asset Deal: A type of acquisition where the buyer only purchases certain assets of the target company, rather than the entire company.
- Adoption: The process of individuals or groups accepting and using new processes, technologies, or behaviors.
- Alignment: Ensuring that all parts of an organization are working towards the same goals and objectives.
- Analysis: The process of gathering and interpreting data to inform decision-making.
- Assessment: An evaluation of the current state of an organization or process to identify areas for improvement.
- Best Practices: The most effective and efficient ways of performing a task or achieving a goal, based on experience and research.
- Benchmarking: A process of comparing an organization’s performance against industry standards or best practices.
- Bid: An offer by a company to acquire another company.
- Business Consolidation: The process of combining two or more businesses to create a larger, more efficient entity.
- Business Process Reengineering: A method of restructuring an organization’s business processes to improve efficiency and effectiveness.
- Breakup Fee: A fee paid by the target company to the acquiring company if the acquisition does not close.
- Business Acquisition Loan: A loan used to finance the acquisition of a company.
- Buyout: An acquisition where the acquiring company purchases a controlling interest in the target company’s stock.
- Business Process Reengineering: A systematic approach to process improvement that involves radical redesign of processes to achieve significant improvements in performance.
- Change Agent: A person responsible for leading and managing change within an organization.
- Change Management: A systematic approach to transitioning individuals, teams, and organizations from a current state to a desired future state.
- Capacity Building: The process of developing the skills, knowledge, and resources necessary to implement and sustain change.
- Change Readiness: The degree to which an organization is prepared and willing to undergo a change initiative.
- Change Request: A formal request to modify a project or initiative.
- Coaching: The process of providing guidance and support to individuals or teams to improve their performance.
- Communication: The exchange of information and ideas between individuals or groups.
- Critical Path: The sequence of activities that must be completed on time for a project or initiative to meet its deadlines.
- Customer Focus: An organizational culture that prioritizes the needs and satisfaction of customers.
- Continuous Improvement: An ongoing process of identifying and improving processes and practices within an organization.
- Culture Change: The process of changing an organization’s culture, values, beliefs, and behaviors to align with strategic goals.
- Capital Structure: The mix of debt and equity financing used by a company to finance its operations.
- Cash Merger: A type of merger where the acquiring company pays for the target company in cash.
- Closing: The final stage of an acquisition, where all legal and financial agreements are finalized.
- Collateral: Assets pledged as security for a loan.
- Confidentiality Agreement: An agreement between two companies to keep confidential information private during the acquisition process.
- Consolidation: The process of combining two or more businesses to create a larger, more efficient entity.
- Contingent Consideration: Additional payment made to the seller of a company if certain conditions are met.
- Cross-Border Merger: A merger between companies located in different countries.
- Carve-Out: The process of separating a portion of a company’s assets or operations to create a new, independent company.
- Change of Control: A change in the ownership of a company that results from an acquisition.
- Closing Date: The date on which an acquisition is completed.
- Design Thinking: A human-centered approach to problem-solving that emphasizes empathy and experimentation.
- Data Analysis: The process of analyzing and interpreting data to inform decision-making.
- Decision-Making: The process of making choices among alternative courses of action.
- Disruption: A significant change that interrupts the status quo and requires adaptation and innovation to respond effectively.
- Culture: The shared beliefs, values, attitudes, behaviors, and practices that characterize an organization.
- Deal: The acquisition of one company by another company.
- Due Diligence: The process of conducting a comprehensive investigation of a company’s financial and legal status prior to acquisition.
- Dependency Management: The process of identifying and managing dependencies between different components of a project or initiative.
- Digital Transformation: The process of using technology to fundamentally change an organization’s business model or processes.
- Definitive Agreement: The final legal agreement that outlines the terms of an acquisition.
- Diligence: The process of conducting a comprehensive investigation of a company’s financial and legal status prior to acquisition.
- Disposition: The process of selling a company or business unit.
- Empowerment: Giving individuals or teams the authority and resources to make decisions and take action.
- Engagement: The degree to which individuals or groups are committed and involved in a change initiative.
- Earnout: Additional payments made to the seller of a company if certain financial goals are met.
- Equity Deal: A type of acquisition where the buyer purchases the entire company or a controlling interest in the company’s stock.
- Employee Engagement: The degree to which employees are committed, involved, and enthusiastic about their work and the organization.
- Evaluation: The process of assessing the effectiveness and impact of a change initiative.
- Executive Sponsorship: The involvement and support of senior leaders in a change initiative.
- Fair Market Value: The price a willing buyer would pay and a willing seller would accept in an arm’s length transaction.
- Financial Statements: Statements that provide information about a company’s financial performance, including income statement, balance sheet, and cash flow statement.
- Forward Merger: A merger in which the acquiring company is the larger company.
- Friendly Acquisition: An acquisition where the target company agrees to be acquired by the acquiring company.
- Feedback: Information provided to individuals or teams to help them improve their performance.
- Governance: The processes and policies that guide decision-making and ensure accountability within an organization.
- Golden Parachute: A compensation package for key executives of the target company if they are terminated as a result of the acquisition.
- Gap Analysis: An evaluation of the difference between an organization’s current state and desired future state.
- Governance Framework: A set of policies and procedures that guide decision-making and ensure accountability within an organization.
- Hostile Takeover: An acquisition where the target company does not agree to be acquired by the acquiring company.
- Innovation: The process of introducing new ideas, processes, or technologies to improve an organization’s performance.
- Interdependency: The relationships and dependencies between different components of a project or initiative.
- Integration: The process of combining the operations of two companies after an acquisition.
- Intellectual Property: Patents, trademarks, copyrights, and other intangible assets.
- Implementation: The process of putting a change initiative into action.
- Integration: The process of combining different components of a project or initiative into a cohesive whole.
- Joint Venture: A business agreement between two or more companies to pursue a specific project or business opportunity.
- Knowledge Management: The process of capturing, storing, and sharing knowledge within an organization.
- Leadership: The ability to inspire and motivate others to achieve common goals.
- Lean: A methodology focused on reducing waste and increasing efficiency within an organization.
- Learning Organization: An organization that prioritizes continuous learning and development.
- Leveraged Buyout: An acquisition where the acquiring company uses debt financing to purchase the target company.
- Letter of Intent: A non-binding agreement between the buyer and seller outlining the proposed terms of an acquisition.
- Leadership: The ability to inspire, guide, and influence others to achieve a common goal or vision.
- Lean Six Sigma: A methodology that combines the principles of Lean and Six Sigma to improve process efficiency and quality.
- Metrics: Quantitative and qualitative measures used to evaluate the success of a change initiative.
- Management Buyout (MBO): An acquisition where the management team of a company purchases the company from its current owners.
- Merger Agreement: The legal agreement that outlines the terms of a merger.
- Mitigation: Actions taken to reduce the likelihood or impact of a risk.
- Merger: The combination of two or more companies into a single entity.
- Measurement: The process of quantifying and assessing the impact and effectiveness of a change initiative.
- Net Assets: The value of a company’s assets minus its liabilities.
- Net Working Capital: The amount of a company’s current assets minus its current liabilities.
- Non-Core Assets: Assets that are not essential to a company’s core operations or business strategy and may be sold or divested.
- Net Present Value: A financial measure that calculates the present value of future cash flows.
- Non-Disclosure Agreement: An agreement between two companies to keep confidential information private.
- Organizational Development: A process of planned change to improve an organization’s performance and effectiveness.
- Organizational Effectiveness: The ability of an organization to achieve its goals and objectives.
- Operating Synergies: Cost savings and increased efficiency that result from combining the operations of two companies.
- Organizational Change: The process of making significant changes to an organization’s structure, processes, or culture.
- Organizational Culture: The shared beliefs, values, attitudes, behaviors, and practices that characterize an organization and influence its performance
- Performance Management: The process of setting and measuring goals, evaluating progress, and providing feedback to improve performance.
- Project Management: The process of planning, organizing, and managing resources to achieve specific goals within a specified timeframe and budget.
- Performance Improvement: The process of improving an organization’s performance through changes to its processes, behaviors, or systems.
- Portfolio Management: The process of managing a collection of projects or initiatives to ensure alignment with strategic goals.
- Process Improvement: The process of identifying and improving an organization’s business processes to increase efficiency and effectiveness.
- Process Mapping: The process of visually mapping out the steps in a process to identify areas for improvement.
- Project Management: The process of planning, executing, and controlling a project to achieve specific goals and objectives.
- Purchase Agreement: The legal agreement that outlines the terms of an acquisition.
- Resistance: The natural human response to change, often characterized by reluctance, skepticism, and fear.
- Resistance Management: The process of identifying and managing resistance to change within an organization.
- Risk Management: The process of identifying, assessing, and mitigating risks associated with a change initiative.
- Restructuring: The process of making significant changes to a company’s operations or structure, often as a result of a merger or acquisition.
- Reverse Merger: A type of merger where a private company acquires a public company to become publicly traded.
- Readiness Assessment: An evaluation of an organization’s readiness for a change initiative.
- Reinforcement: The process of providing ongoing support and resources to ensure that a change initiative is sustained over time.
- Reverse Merger: A merger in which the acquiring company is the smaller company.
- Risk Assessment: An evaluation of the likelihood and potential impact of risks associated with a change initiative.
- Sponsorship: The process of securing support and resources from key stakeholders to ensure the success of a change initiative.
- Stakeholder Management: The process of identifying, engaging, and managing stakeholders who are affected by a change initiative.
- Strategic Planning: The process of setting long-term goals and determining the best course of action to achieve them.
- Seller Financing: A financing arrangement where the seller of a company provides the financing for the buyer.
- Spin-Off: The process of creating a new, independent company by separating a portion of an existing company’s assets or operations.
- Stock Deal: A type of acquisition where the buyer purchases the target company’s stock.
- Strategic Acquisition: An acquisition made to achieve strategic goals, such as entering a new market or acquiring new technology.
- Strategic Alliance: A business agreement between two or more companies to pursue a specific project or business opportunity.
- Subsidiary: A company that is controlled by another company, known as the parent company.
- Synergy: The benefits that result from combining the operations of two companies, such as increased efficiency and cost savings.
- Stakeholder Analysis: The process of identifying and assessing the needs and interests of stakeholders who are affected by a change initiative.
- Stakeholder Engagement: The process of involving stakeholders in a change initiative to ensure that their needs and interests are addressed.
- Strategic Alignment: Ensuring that a change initiative is aligned with an organization’s overall strategy and goals.
- Strategic Change: A change initiative that is designed to achieve strategic goals and objectives.
- Systemic Change: A change initiative that is designed to fundamentally transform an organization’s structure, processes, or culture.
- Sustainability: The ability of a change initiative to be maintained over time and integrated into an organization’s culture and operations
- Sponsor: An individual or group with the authority, resources, and influence to support and champion a change initiative.
- Stakeholder: An individual or group that is affected by or has an interest in a change initiative.
- Team Building: The process of developing relationships and trust among team members to improve performance.
- Transformation: A process of profound and radical change that fundamentally alters an organization’s structure, processes, culture, or strategy.
- Transformational Change: A change initiative that is designed to fundamentally transform an organization’s structure, processes, or culture to achieve significant and lasting improvements in performance.
- Transition Management: The process of managing the human side of change, including addressing resistance, building buy-in, and ensuring adoption.
- Triangulation: The process of using multiple sources of data or perspectives to validate findings or make decisions.
- Target Company: The company being acquired in an acquisition.
- Tender Offer: An offer by a company to purchase the stock of another company at a premium.
- Valuation: The process of determining the value of a company.
- Value Stream Mapping: A process improvement technique that visually maps out the steps in a process to identify areas for improvement and waste reduction.
- Vision: A statement that defines an organization’s desired future state and provides a sense of purpose and direction
- Visionary Leadership: A leadership style that emphasizes creating a compelling vision for the future and inspiring others to achieve it.
- Workflow: The sequence of tasks and activities that make up a process.
- Workforce Planning: The process of identifying and addressing current and future workforce needs to support organizational goals.