effects of change on stakeholders

Question 1

effects of change on MANAGERS

Answer 1

may have to deal with change of their own, while implementing change within employees. could be change to their position or their responsibilities.

Question 2

effects of change on EMPLOYEES

Answer 2

can cause stress and anxiety on employees due to fear of the unknown. changes may result in employees having to get new training.

Question 3

effects of change on CUSTOMERS

Answer 3

customers are often overlooked in the change process as the focus is more on shareholders and employees.

Question 4

effects of change on SUPPLIERS

Answer 4

changes could mean new contracts that could benefit suppliers or changes in contracts, which could affect suppliers adversly.

Question 5

effect of change on GENERAL COMMUNITY

Answer 5

reducing staff numbers will impact surrounding businesses that provide goods and services to employees. this can add to unemployement and greater reliance on support.