5G Flashcards
Characteristics of stakeholders during change(NOT IMPORATANT AT ALL)
-As key stakeholders to business, in relation to change, employees may feel threatened, which can bring about feelings of=
:stress
:fear
:uncertainty
:resentment
:anxiety
=Especially if it impacts their individual objectives.
Employee objectives(recap from previous lessons)=
• Earn an income
• Good conditions of employment
• Job security
• Develop skills and knowledge
• Career advancement
Impacts of unaddressed resistance to change
• Low productivity
• Stress and need for counselling
• Workers seeking to undermine manager decisions
• Sabotage
• Strikes
• Work avoidance – increasing absenteeism rates
• Levels of staff turnover increasing
Low-risk strategies(n.)
-Low-risk strategies(n.)=Measured management approaches that gradually encourage employees to accept and participate in business change.
Low-risk strategy characteristic
Q11)5G)Managers will typically use low-risk strategies when they have a longer period of time to implement the change, and are aiming to maintain a positive relationship with employees.2
High-risk strategies(n.)
-High risk strategies are manipulation and threats which are used to decrease the resistance to change from stakeholders
High-risk strategy characteristics
Q11)5H)These strategies are unsustainable in the long term as they are forceful and deceptive, harming the relationship between managers and employees.
-Managers will typically utilise High-risk strategies in critical situation and when they aim to instantly implement a business change
What are the Low-risk strategies
-Communication(n.)
-Empowerment(n.)
-Support(n.)
-Incentive(n.)
What are the high-risk strategies
-Threat(n.)
-Manipulation(n.)
Low-risk strategies on Business success
-Low-risk strategies= short term pain long term gain.= May cost time and resources to implement in short term, but ultimately is very beneficial in preparing a business for change and implementing successful change.
High-risk strategies on Business success
-high-risk strategies= short term gain, long term pain.= we will achieve what we wanted to achieve, but the morale and distrust builds and has more negative long-term connotations associated with it.
-communication(n.) as a low-risk strategy
Communication as a low-risk strategy(n.)=involves managers openly and honestly transferring information to employees, and listening to their feedback so that employees are fully aware of the reasons for, and impacts of an upcoming change.
Aldous definition(n.)=none
-Empowerment(n.)
Empowerment as a low-risk strategy(n.)=involves managers providing employees with increased responsibility and authority during times of change
Aldous definition(n.)=is the process of management [[delegating]] employees [[decision making power]], during a business transformation
-Support(n.)
Support as a low-risk strategy(n.)=involves managers providing employees with assistance as they move from current to new practices.
Aldous definition(n.)=providing support services to employees, to allow them to feel that they are appart of the decision of change.
-Incentive(n.)
Incentives as a low-risk strategy(n.)=involves managers providing financial or non-financial rewards to encourage employees to support change.
Aldous definition(n.)=Offering a financial or non financial reward to increase an employees desire to change
-Threat(n.)
Threat(n.) as a high risk strategy(n.)=involves forcing employees to follow a proposed change by stating that they(managers) may or will cause harm to them if they fail to do so.
Aldous definition(n.)=none
-Manipulation(n.)
Manipulation as a high-risk strategy(n.)=involves influencing employees to support a proposed change by providing incomplete and deceptive information about the transformation
Other definition from felix=
Manipulation as a high-risk strategy(n.)=involves managers influencing employees to support a proposed change by providing incomplete and deceptive information about the transformation
Aldous definition(n.)=none