Managing Change in Telecommunication Industry Due to Climate Changes

Managing Change

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK ..............................................................................................................................................4
Brief description of chosen industry including its scope and importance for the economy of
that region..................................................................................................................................4
Key challenges that the industry currently facing or can face in future due to climate changes.
.....................................................................................................................................................5
Industry preparedness in tacking these challenges in short and long term.................................6
Key changes interventions that businesses operating In that industry, in general, or
specifically, must implement to better prepare for climate change............................................7
Recommendations on the support that must be provided to that industry to prepare for climate
changes......................................................................................................................................10
CONCLUSION .............................................................................................................................12
REFERENCES..............................................................................................................................13

INTRODUCTION
Change is important in an organisation and more important is to manage that change in an
organisation. Change management is known as the methods which describes how an change can
be implement by looking external and internal factors. Firstly organisational change faces many
challenges In identifying the change as it requires many levels and involvement of each
individual for a change in an organisation. This report is the analysation of Optus company
which is founded in 1981 and its headquarters are located in New South Wales, Australia. It is
known as the telecommunication industry which looks after mobile telephony, leased lines, cable
television, fixed telephony, internet access and data transmission. This report involves the
importance and scope of this industry in economy and it also involves the challenges that this
industry is facing or can face in future. This report also involve the evaluation of that challenges
and how to tackle that in long term basis and it also involves the Kotter's changing models and
the recommendation supporting this. The analysation is described below.

TASK
Brief description of chosen industry including its scope and importance for the economy of
that region.
Telecommunication sector that includes the companies which make communication possible
worldwide at global level. The communication can be done through various ways like internet,
cables, airwaves, wirelessly, wire and phone. In this companies they create the infrastructure that
involves video, words, voice and audio which can be transmitted anywhere in the world. The
multinational companies in this sector are internet service provider, telephone operators, cable
companies and satellite companies. Telecom industry is important in the industry as it satisfy the
basic needs as it has the ability by which it can communicate or connect. Telecommunication
industry is known as the third largest sector in the form of inflows of FDI(Trost, 2020). The main
scope of this industry is to increase wireless communication globally as it also help in the
employment sector. It's main scope is that this industry are expected to contribute 8% in India's
GDP. In Australia telecommunication industry is getting advanced with wide scope with updated
skills and knowledge. This industry is known as the branch of electronic engineering and it also
covers a vast area which involves data networks, micro electronic devices, satellite
communication, software system, internet, telephony and optical fibre. Telecommunication
industry is equally important as compared to other industries as some of the advantage of
telecommunication industry is it usually satisfies the basic needs as by this industry people are
able to connect worldwide and communicate. Communication is known as the basic need to
remain connect with families and to other businesses. There are also some telecommunication
advancement which had make life's more easier, the advancements such as searching in internet,
email facilities, phone calls and text messaging at a global level. It is also vital for security as this
infrastructure provides a proper protection to confectionery information and also stands up to
military information. This industry is considered as a economic booster, economy gets highly
beneficial from telecommunication sector worldwide. This industry also involves the sub sectors
like Wholesale telecommunication resellers, telephony and cable distribution.
Telecommunication industry also empowers participation as in this goods and services are
transferred via aircraft and ships(Sveningsson, and Sörgärde, 2019). This allows growth and
development entirely worldwide. It also enhances the flexibility outside or within the