3.6 Managing Change Flashcards
Transformational Leadership
New leadership is bought in and seek to change
New Ownerhsip
If business has been bought or merged with another business
Change in Organisational Size
By expanding international
Poor Business Performance
Poor sales, low profits, slow expansions
The Markets and External Factors
If new entrants to market or changes in market
Scenario Planning
Anticipating changes and devising ways of dealing with them
Planning for Risk Mitigation
Reducing the severity
Business Continuity
Capability to continue acceptabe levels of delivery after
Succession Planning
Identify staff within business who could take over leadership role
Identifying Key Risks
Natural disasters
IT system failure
Loss of key staff
Degrees of Risk Mitigation
Avoidance, acceptant, transference
Change Management
Planning implementation of change in mindful way otherwise problems will arise
Resistance to Change
When employees try to block intented change
Managing Resistance to Change
Woth with employees and understand their concerns
Ways to Reduce Resistance to Change
- training
- focus of positive aspects
- design flexibiity so time to adapt
- involve employees
