5(G) Flashcards
Low-risk strategies
Low-risk strategies are measured management approaches that gradually encourage employees to accept and participate in a business change.
Communication as a low-risk strategy
Communication as a low-risk strategy involves managers openly and honestly transferring information to employees, and listening to their feedback
Empowerment as a low- risk strategy
Empowerment as a low- risk strategy involves managers providing employees with increased responsibility and authority during times of change.
Support as a low-risk strategy
Support as a low-risk strategy involves managers providing employees with assistance as they move from current to new practices.
Incentives as a low-risk
Incentives as a low-risk strategy involves managers providing financial or non-financial rewards to encourage employees to support change.