This presentation explores the importance of understanding and leading change in business. It discusses different leadership approaches and their impact on decision making process. The presentation also highlights the models to implement changes.
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Business TASK 3
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Introduction Understanding and leading change is the management activity that helps to adopt changes within the organisation. It helps to create the most challenging opportunities and task for the company to make more profit. This leading change program, employees examine the changes and their possible consequences on management. Than company adopts measures and techniques to manage those changes within the company environment.
Explaining the different leadership approaches to change and how they affect decision making process Leadership is the most effective style to managing the work at organisation. Marks & Spencer hire most productive and creative leaders who always ready to adopt changes for a good change. There different leadership styles or approaches which differently useful for the company success. Some approaches of leadership given effective results on the decision making process or some of them are ineffective.
To Be Continued Transactional and transformational Thisapproachofleadershipismajorlybasedontwofactors Transactional or Transformational leadership. Transactional :This factor reflect the self interest of employees that helps to achieve company objectives that will also based on the leaders position as well. Transformational Leadership :This is the another leadership style that helps company to develop vision for transforming the performance of company. This approach of leadership is very helpfultomakenewchangesinwithinthecompany environment.Inthisleadersaremakenewplansandget employees ready to make it happen. In this situation, people are motivatedtoputextraeffortsinordertoaccomplishset standards.
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To Be Continued This leadership approach is more helpful in making effective decision making approach with company. Inspirational or charismatic leadership :In this respect, leaders are inspired with good qualities and having good qualities to handle critical situations. This kind of leaders are more stronger and set high vision and sense of mission to get success. Power :Charismatic leaders inspired by special powers that reflect their determination towards work. Apart from that, it also helps to control the best effective learning goals and making the best out of control and sources.
Conclusion As per the above presentation it has been concluded that, change management is crucial element for the company success. As much company adopts changes will helps company to reach the aims and objectives. For that, study explained the importance of change and models to implement changes by Kurt Lewin's model and FFA model of resist changes.
References Binci, D., Cerruti, C. and Braganza, A., 2016. Do vertical and shared leadership need each other in change management?.Leadership & Organization Development Journal.37(5). pp.558-578. Burke, W. W., 2017.Organization change: Theory and practice. Sage Publications. Dahlander, L., O'Mahony, S. and Gann, D. M., 2016. One foot in, one foot out: how doesindividuals'externalsearchbreadthaffectinnovationoutcomes?. Strategic Management Journal.37(2). pp.280-302. Doppelt, B., 2017.Leading change toward sustainability: A change-management guide for business, government and civil society. Routledge. Emanuel, R. E. and et.al., 2015, December. Salinization of Freshwater-Dependent Coastal Ecosystems: Understanding Landscapes in Transition Along the Leading Edge of Climate Change. InAGU Fall Meeting Abstracts. Glass,C.andCook,A.,2016.Leadingatthetop:Understandingwomen's challenges above the glass ceiling.The Leadership Quarterly.27(1). pp.51-63.
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