Managing & Leading Strategic Change Assignment

MANAGING AND
LEADING
STRATEGIC
CHANGE

Table of Contents
INTRODUCTION ..........................................................................................................................1
LITERATURE REVIEW ...............................................................................................................2
2.1 Change plan in leadership, cultural and management. .........................................................2
2.2 Implication of changes..........................................................................................................3
2.3 Challenges of managing and leading strategic changes........................................................4
2.3.1 Elements and needs of organisational change. ..................................................................5
2.4 How an organisation go through difficult.............................................................................7
2.5 Change management.............................................................................................................7
2.6 Explanation of difficulties ....................................................................................................8
CONCLUSION ...............................................................................................................................8
REFRENCES ................................................................................................................................10
.......................................................................................................................................................11

INTRODUCTION
Strategic management can be described as the process of planning, monitoring,
assessment and analysis of various activities which are important for attaining organisational
goals and objectives (Bambrick-Santoyo, 2012). A change management can be described as plan
for how to make something unique and different which create value for firm. In today's scenario
there is drastically change in business environment, so it is required for firm to adopt various
changes which are necessary for firm in order to survive for long run. Leadership play an
essential role in change management strategy because it helps in taking effective decision on
critical situation. A manager of firm is responsible for adopting drastic change in their tools and
technologies in order to effectively satisfying the current needs and wants of customers. A good
leadership style helps in effective utilisation of resources and maximising the production. New
and innovative tools and techniques helps in removing the wastage and extra cost from
production process. Giordano internation limited is the most popular retail company which is a
Hong Kong based company. It provide apparel and accessories services across the globe. It target
all age group of people and provide them high quality goods and services as per different
demand of customers. Bauhaus HK is also a Hong Kong based well reputed retail company
which deals in men, women and children garments. Their basic aim is to provide quality stuff
things with a high profile brand label (Battilana and Casciaro, 2012). Sa Sa international
holdings is a well reputed Hong Kong based organisation, which deals in personal care, skin,
body care and cosmetics products across the globe. Toridoll’s buyout of Tam’s Noodles is most
popular restaurant which is largest operator of noodles in japan. The company having a plan to
take over Tam's Yunnan Rice noodles chain in Hong Kong. The major purpose of merger is to
expand their business activities and maximisation of profit and revenue at very large scale.