Leading and Managing Change pdf
Added on 2020-10-22
22 Pages5786 Words220 Views
Leadership ManagementProfessional DevelopmentMechanical Engineering
|
|
|
MANAGING ANDLEADING CHANGE
TABLE OF CONTENTSINTRODUCTION ..........................................................................................................................1TASK 1 (PART A & B)...................................................................................................................2P1 Responding to change on organisation strategy and operations through various factors:.....2P2 Impacts of Internal and External drivers on Leadership........................................................5P3 Measures for minimising negative impacts of change on organisational behaviour are asunder:.........................................................................................................................................10P4 Different barriers for change in Hilton ...............................................................................12TASK 3..........................................................................................................................................16P5 approaches of leadership to manage change .......................................................................16Covered in PPT ........................................................................................................................16CONCLUSION .............................................................................................................................17REFERENCES..............................................................................................................................18
INTRODUCTION Change is an essential element for growth in organisations of every industry. Change inbusiness context focuses on improvements to enhance customer satisfaction and efficientoperation management. In today's competitor era it managing and leading change has becomecrucial part of improvement. Political, economic, technological, competitor and environmentalfactor drive change in workplace. This study describes “the way environment force company to bring changes”. Study alsoput light on barrier, which creates hurdle in smooth implementation of changes. Measure takenby leader to minimise the impact of changes in organisation been covered in study. Effectivenessof leadership in changes depend on many aspects like leader's trust, empathic listening,communication and flow information. Hunter MacDonald is successful I.T company founded in 2013. it now becomes part of Netcompany. Net company is leading IT consultancy provider founded in 2000(Denmark).CAPTIFY is situated in London. It is known for its Search Intelligence which is work on uniqueSemantic Technology. Report cover all the practices and approaches use Hilotn to manage riskand decision making. Impact of change on Macdonald and Captify strategies and operationexplained in detail. Hilton is a luxury hotel and resort chain headquartered in Virginia, US, itrenders luxury hotel service having premium pricing. 1
TASK 1 (PART A & B)P1 Responding to change on organisation strategy and operations through various factors:Captify and Hunter MacDonald both companies belong to same industry i.e. informationtechnology. Hence, they respond broadly in same manner. But for their organisational context,they adopt different approaches to deal with change. IT industry is highly sensitive to newtechnology, Political factor, competitor policy and legal changes at macro level. these factor aresame for both. But at internal level it is affected by Brand value of service, uniqueness ofsoftware, partner's profile and customer profile. For instance Hunter McDonald is at forefront onrendering unmatched cyber security software to its customer. And Captify is leader in providingsmart searching experience to its customer. In such case, Hunter McDonald will get affected bychanges come under cyber security changes. And captify only impacted by updates come insearching technology. These approaches are given below: Clearly define business objective The Hunter MacDonald company is setting its goal by delivering projects and services to drivereal innovation and bring positive changes in their services. In other hand Captify is setting itsobjectives with the focus on revealing world trends and brands advertising by their internetsignals (Aarons. and.et.al., 2015.)Develop a strategy: Strategy plays a crucial role for both the companies so they must take change with theirstrategic plans for achieving their specific goals. The strategy indicates exactly what they wish toachieve and why, it is framing certain situation like how will the change be received, who willaffect and what are the impacts of the changes on organisational operations. The Captify sets itsstrategies by technology analyses to power insight and media across all channels and on everydevice for them by their market research to satisfy their potential client's interest, real lifebehaviour. In contras Hunter Macdonald also framing blueprint to providing IT solutions andservices for most prestigious organisations in the world and they have deep expertise sectorsranging for healthcare, the team is practising most experienced motivated technologies areavailable for manufacturing and fashion industry (Burke, 2017) Both the companies are developing their strategies with the financial consideration. Thatis entirely changing financial system which is usually centred on the budget planning by variousprocesses and practices for enhancing business activities. Thus, lack of fundamental planning2
and financial budget it may affects on financial resources of the company. The financialmanagement system caused short term financial consideration overwhelm long term strategicgoals on Captify and Hunter MacDonald company.Evaluate structure of organisation:Provide essential structure is very essential to assist employees to adjust necessarychange and build proficiency of behaviours with technical skills and appropriate manner. TheHunter Macdonald company use cascading effects through the organisational structure to theindividuals, it supports to analysing training needs for the organisation by various changes intechnology. However, Captify company is managing its organisational structure by supportingand developing strong communication and coordination within the organisation, it determineshow the changes be communicated and how will be managing feedbacks and taking follow upactions. (Ghazzawi, El Shoughari. and El Osta, 2017). The management system of these companies are evaluating its structure on the basis ofbalanced scorecard framework which is the best way to align strategy and formulating structure.The manager at every level in the corporation, from regional sales manager to group CEOs, canusing the tools of the framework to drive their units of performance. Comparatively, both thecompanies interchanges for assembling and monitoring the unit's strategy which enablemanagers to define and communicate the cause and effects relationship that drives unit's valuepositions and it is a powerful tool for implementing and reviewing the structure of organisation.Anticipation for future growth:Under such step these companies are considering over changes by anticipating futureplanning and growth and evaluating their past data and make essential changes for achievingfuture prospective. The companies are defining their business in a core fundamental strengthwith various monitory aspect's which helps to concentrate over budgeting future plans as theCaptify raised $15 million in investment with equity growth and they achieved $1 million profitin its first year due to having appropriate changes with their investment plans it increased 300%by growth revenue as well as the Hunter Macdonald raising 68% to $3,3 million with increasing21.2 million EBITDA(Van der Voet, 2014.)Through the change management process, thesecompanies are changing their structure to measuring the business impacts of the changes andensuring for continue reinforcement opportunities. The Net-company vision is to be leading3
digital challenger which leads the next generation of IT consulting business, with keen focus oncustomer value, speed and guaranteed value.The last mile challenges anticipated with next generation innovation, while therecontinues to be a sense of excitement for a future that is rapidly becoming reality and increasingday by day thus, with the future prospects the Captify is performing as global leader in searchintelligence by developing unique semantic technology analyses a billion of monthly searches topower insights and playing a crucial role for establishing brand image and their advertisingthrough various channels. However, with this comparison the Hunter MacDonald build ITsolutions through agile delivery method with speed to market and building scalable solutions thatwill adapt to changing business needs fully anchored in the organisation which anticipated futuregrowth.Differences and Similarities related to drivers for change DifferencesBasisCaptify Hunter MacDonald Technology Technology has a huge impacton the leadership, team andindividual behaviour ofemployee's working inCaptify. They have made useof advancing techniques likeutilizing various new softwareto manage team or humanresource. Also they are makinguse of key performanceindicators in order to measureperformance of teams andindividuals. This has increasedthe motivation level ofworkers. Hunter Mac Donald is engagedin making use of otheradvancing technologies such aspromoting there product onlinewith the help of social mediawebsite. It has laid impact onthe performance of team andindividual employee's. As withthis platform they can connectto large number of consumersat a time.Legislation Captify has framed variouspolicies which is been basedHunter Mac Donald at theinitial stage was not making4
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Understanding & Leading Changelg...
|16
|1144
|55
HNBS 317 Understanding and Leading Change Assignmentlg...
|18
|6324
|235
Understanding and Leading Changelg...
|14
|3768
|28
Understanding and Leading Change in Uk - Assignmentlg...
|15
|4464
|31
Understanding and Leading Change - DOClg...
|15
|4241
|66
Impact on Team, Individual and Leadership Behaviour in Organisation : Projectlg...
|15
|4501
|31