MG625 Leading and Managing Change (Pass Criteria)

Leading and Managing
Change

Table of Contents
INTRODUCTION ..........................................................................................................................3
Corporate strategies and management practices have been affected by the current VUCA
environment, and how this has influenced business approaches to planned and unplanned
change.........................................................................................................................................3
Gives an example of a recent or current change (planned or unplanned) which is supported by
relevant change management theory...........................................................................................5
Examines ways that business policies and practices have had to evolve to support employees
and minimise resistance to change..............................................................................................7
Makes recommendations to support the business.......................................................................8
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................11

INTRODUCTION
In business various changes are occur in organisation that help to improve business
structure, efficiency and effectiveness of business to sustain in competitive business environment
for long period of time. Now these days business understand wider context of change and adopt
them to meet new needs, demands and expectations. Organisation should communicate these
changes to staff members that enable to adopt these changes and perform accordingly (Buttrick,
2018). Leading as well as managing changes are essential for organisation to develop
experiences for people that reveal new possibilities and uniting them to drive strategies properly.
It is important for business to optimising the culture of organisation and making investment that
drive business towards growth and development.
In this report chosen organisation is Morrison which is fourth largest supermarket chain
in United kingdom. It is established in the year of 1899 by William Morrison. Organisation deals
in range of products such as food and drinks, clothing, magazines and home ware, petrol and
books. Headquarter of organisation is situated in Bradford, UK. This report covers corporate
strategies and management practices that have been affected by the VUCA environment. Recent
changes with change management theory is mentioned. Furthermore, business policies, practices
that minimise the resistance of employees and recommendations regarding changes are discussed
in this project report.
TASK
Corporate strategies and management practices have been affected by the current VUCA
environment, and how this has influenced business approaches to planned and unplanned
change
VUCA environment: VUCA stands for Volatility, uncertainty, complexity and ambiguity.
It is the combination of various qualities that implemented together in organisation with the
objective of dealing some difficult conditions and situation in efficient manner. These factors
affect business corporate strategies and management practices (Dastagir, 2019). Managers of
Morrison analyse these factors and their impacts on business than take suitable decisions to gain
competitive advantages than other competitors.
Corporate strategy: Corporate strategy is defined as the unique and effective framework that is
developed by organisation for long period of time and provides competitive advantages to

organisation than other participants through fulfilling stakeholders and customers promises.
There are various Corporate strategies that are adopted by Morrison are mentioned below:
Growth strategy: Main objective of adopting growth strategy is to attain considerable
business growth in terms of enhancing revenue, market share as well as penetration. Morrison
concentrates on core operations and assure business growth is same space. Organisation adopts
vertical as well as horizontal integrations in which it add more value in activities or offer same
product on different geographical areas. On the other hand, business can attain the objective of
growth and development through adopting diversification strategy that is related to introducing
new products and moving into entirely new space (Ghadge, Wurtmann, and Seuring, 2020).
Uncertainty is the factor that impact business growth and development strategy, because there
are various unpredictable situations are raised in business that affect business overall
performance in positive as well as negative manner.
Stability corporate strategy: Stability strategy is related to concentrate towards enhancing
potentiality and effectiveness of existing business rather then developing growth strategy and
developing new business. Morrison adopt this strategy because current situations are in favour of
business. Respective organisation adopts status-quo strategy that concentrates on maintaining
existing performance of business and profit-driven strategy in which organisation linked to a
desire to boost organisational evaluation. Ambiguity is the aspect that impacts in business
corporate strategy. Lack of clarity in strategies among employees as well as difficulty to
understand real situation enable business to implement strategies in effective manner.
Management practices: Management practices are defined as the process that are developed by
organisation and provide guidance to entrepreneurial actions and plays important role in
influencing behaviour of people. Basically, management practices are the working methods and
innovations that are used by the managers to improve overall effectiveness of working system of
organisation (Kosterich, 2020). Morrison adopt various management practices are adopted by
Morrison are mentioned below:
Communicate with clarity: It is the most effective management practice that is use by
Morrison to convey all business strategies and planning to employees clearly that enable them to
perform defined functions in quite manageable way. It is enable organisation to resolve various
issues and problems among employees and lead them toward contributing in attain business
objectives efficiently. In VUCA environment, complexity is the factors that impacts management