Change Management Course 2022

Change Management 1
CHANGE MANAGEMENT
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Change Management 2
Change Management
Technological, economic and social, and political changes have brought about a lot of
changes in the business arena. These changes put a lot of pressure on managers today to maintain
the track record of the organization’s success with the ability to handle the challenges they face
well (Cameron et al., 2015). Change management guides the managers on how to prepare and
help other employees to embrace change to achieve a successful outcome. For change
management to be effective, it requires four components: individual change, leading change,
organizational change, and team change models. Corporate change management considers the
changes that need to be made within an organization.
There are various assumptions made in change management. They include: changes made
in the organization are as a result of changes in the external environment and not the internal
environment, employees and everyone affected by the changes need to be notified in order to
adjust, how everyone responds to the change need to be worked on, and the psychological and
participation support system is vital to ensure success (Cameron et al., 2015).
Composants Perfections is a car components manufacturing that has its main
headquarters in France. Its other plants are located in Spain and the UK. The company’s primary
focus is to generate high income and increase shareholder value. The company keeps up with its
competition by innovating new products, investing in new technology, and advancing its
employees. Even though there has been a rise of companies that incur lower manufacturing costs,
Composants Perfections been able to sustain its competitive position in the industry. However,
the recent economic downturn has threatened their competitive advantage since they are
struggling to operate on a going concern. The company had to fight the battle of competitive
advantage by incorporating change management to adapt to the changes in the economy.