Change Management

Running head: CHANGE MANAGEMENT
Change Management
Name of the Student
Name of the University
Author note

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CHANGE MANAGEMENT
Executive Summary
The report has helped in analyzing the different kinds of Human Resource Management
related strategies which will be beneficial for the overall success of the firm. There has been
the introduction of the cultural, ethical and the CSR issues which can be solved with the
overall implementation of the HR strategies in a positive manner. There has been the
introduction of the different collaborators who play a vital role in implementing the policy
and gain more competitiveness in the market.

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CHANGE MANAGEMENT
Table of Contents
Introduction................................................................................................................................3
Overview of scenario.............................................................................................................3
Measures or Tools for Identification of Issues...........................................................................3
Impact on Organization and Staffs.........................................................................................4
Implementation of Human Resource Strategies.........................................................................4
Cultural Aspects.....................................................................................................................4
Ethical Aspects.......................................................................................................................5
CSR Aspects...........................................................................................................................5
Reasons for Selecting Respective Options.............................................................................6
Collaborators..............................................................................................................................6
Analysis of Issues Caused by Proposed Strategies....................................................................7
Ways to Mitigate Issues.........................................................................................................7
Analysis of Desired Effects of Decisions...................................................................................7
Monitoring Plan.....................................................................................................................8
Conclusion..................................................................................................................................8
References..................................................................................................................................9

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CHANGE MANAGEMENT
Introduction
The report throws light on analysing and identifying the different measures or the
tools which will be beneficial for understanding the issues along with the impact of the same
on the staffs and the organization as well. Proper analysis of the different HR strategies and
practices will be required to be done which will enhance to address the issues. The
collaboration technique is needed to be adopted which will be beneficial for the resolving of
such problems in an efficient manner. With the implementation of the monitoring plan, the
analysis can be done whether the decisions had the desired effect and impact on the
organization.
Overview of scenario
The entire analysis will be done on the banking and finance multinational bank which
is situated in Canada. This has been noticed that there are different kinds of cultural, ethical
and CSR issues which have affected the overall growth and efficiency of the firm and this is
required to be analysed in such a manner which will be helpful in mitigating such risks.
Measures or Tools for Identification of Issues
There are different measures which can be helpful in analysing the issues in a better
manner which will play a vital role in reducing the grievances and problems efficiently.
Firstly, the feedback forms can play an essential role in understanding different cultural and
ethical issues faced by the organization. The rate of absenteeism is the other aspect which
will be helpful in understanding the cultural disrespect faced by the employees in the
respective bank (Albrecht et al. 2015).
The analysis of the diversity is the other aspect which is required to be adopted by
banking and finance multinational bank Canada to analyse the potential of the different