Change management - Assignment Example

Download file to see previous pages As a result of diffusion of global trends to various markets around the world, demands of various nature are continuously rising from the markets and consumers located in the developing and developed economies. This essentially promotes a significant amount of business opportunity for various organizations around the world. Because of the rise of digitized communication trends, the barriers to accessing information of various markets around the world have become almost nonexistent and redundant. The ease of access of information by organizations around the world, are essentially encouraging them and providing them with the potential to move forward and enter into new markets. This is in return resulting in the process of increase of competition in the global marketplace. Companies and organizations around the world are increasingly feeling the pinch of this increase in competition in the marketplace. ...
It has to be said that change management is very essential as it plays a crucial role for the purpose of attaining sustainable growth in the business while changing as per market conditions and requirements. While viewing change management from the theoretic and academic point of view, it is important to mention the fact that the change management denotes a broad arena of activities that is related to managing change at the workplace. The change management must focus on the process of integration on the lines of a range of elements which might comprise of communication, training , testing , implementation of the program as well as various new policies and procedures (Gustin, 2008, p. 209). It is of high importance to mention the fact that while trying to implement changes in an organization, it is necessary to design and implement the right tools that are required for effective management of change within the organization. It has to be said that the change management tools should be capable of addressing the requirements on the lines of identification of opportunity or problem, assessment of the organization, ability for project planning as well as preparation of sponsor, training and implementation (Pershing, 2006, p. 272). It is relevant to mention that the factors of change are largely dependent on a large number of variables. Talking in an elaborate manner, it can be said that the variables like nature and style of change , change consequence, history of the organization, nature of the individuals as well as individual history all plays a major role in identifying the possible outcome and response of a change that is going to happen within the organization (Cameron and Green, 2012, p. 60 ). Source: Cameron and Green, 2012, p. 60 ...Download file to see next pagesRead More