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Leading and Managing Change: Strategies and Practices for Effective Change Management

   

Added on  2023-06-14

20 Pages4861 Words396 Views
Leadership ManagementProfessional DevelopmentPsychology
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Leading and managing
change
Leading and Managing Change: Strategies and Practices for Effective Change Management_1

EXECUTIVE SUMMARY
Leadership is very important for the management of change that helps the people to buy
into the vision for the organization. For better management of the communication the there needs
to be consistent mundane for the day to day issues or more serious change of programs. Change
management is the systematic approach that helps in dealing with the transition or transformation
of the organizational gaol's process or technologies. Change management is the implementation
of the strategies that can help in bringing effective change, controlling change and helping
people adapt to the changes. Development of change in the company through the process of
making organizational changes is considered to be good for the critical success of the company.
Leading and Managing Change: Strategies and Practices for Effective Change Management_2

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
1) Corporate strategies and management practices affected by current VUCA environment:...3
2) Recent and current change supported by relevant change management theory: ...................5
Business policies and practices to support employees in minimizing resistance of change.......6
Recommendation for supporting business activities:..................................................................8
Personal strengths and weakness working in a team .................................................................9
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12
13 Types of Change of Management Models You Should Know. 2022.......................................13
Leading and Managing Change: Strategies and Practices for Effective Change Management_3

INTRODUCTION
Leading and managing change means creating experience for people working in the
organisation that revel possibilities to drive strategies that harness resources to win marketplace .
Change brings instability and leaders provide consistency and vision during change. Present
report will state that organisation is rethinking about their product and services portfolio after
Covid 19 scenario taken place. Report will discuss about corporate strategies and management
practices that affected by current VUCA environment. Further report will tell about recent and
current changes supported by relevant change management theory. This report will examine
ways business policies and practices evolve to support employees to minimise resistance to
change. Report will further discuss about the ways to support the business and tell about strength
and weakness of working in team.
MAIN BODY
Corporate strategies and management practices affected by current VUCA environment:
CURRENT VUCA ENVIRONMENT AFTER COVID:
VUCA term is used to describe uncertainty of business world. World is changing
according to changes taking place in the external environment.
Volatility: This is characterised by unexpected and unstable event taken place in an
unknown duration. Volatility in the context of Covid 19 is that rapid increase in number of cases
occurred since the outbreak of virus and changes occur much more often than before. It require
continuous analysis and evaluation because it is unpredictable and fast.
Uncertainty: Despite having full knowledge about situation or event, the prediction
about future result may be appropriate (Sharma, and Singh, 2020). To understand the
complexity of Covid 19 government form task forces because no one can predict when the
pandemic will end and when government will have vaccination or cure.
Complexity: It refers to situation or event that has many interconnected components and
only some of the information is available regarding their interdependence (Troise, and et.al
2022). Pandemic is affecting all aspects such as health care, business, social life, economy in
such a complex way.
Ambiguity:Ambiguity does not mean lack of clarity but it describe a situation where
multiple interpretation are there. It refers to unclear relationship having no precedence available
Leading and Managing Change: Strategies and Practices for Effective Change Management_4

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