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Managing Strategic Change in an Organization

   

Added on  2023-01-23

16 Pages5171 Words71 Views
Leadership ManagementProfessional Development
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Managing Strategic Change in an
Organization
Managing Strategic Change in an Organization_1

Table of Contents
INTRODUCTION...........................................................................................................................3
LO 1.................................................................................................................................................3
1.1 Models of strategic change ..............................................................................................3
1.2 Relevance of these models on practice.............................................................................4
1.3 Value of using strategic intervention techniques .............................................................5
LO 2.................................................................................................................................................6
2.1 Need for strategic change in organisation .......................................................................6
2.2 Factors which drive the need for change..........................................................................6
2.3 Implication of strategic change on organisation resources...............................................7
LO3..................................................................................................................................................8
3.1 Involvement of Stake holders in System for Change Management.................................8
3.2 Changer management Strategy and Involvement of Stake Holders.................................9
3.3 Suitability of system for Stakeholders............................................................................10
3.4 Strategies to Minimise Resistance of Stakeholders........................................................11
LO 4...............................................................................................................................................12
Change Management Model.................................................................................................12
Factors That Affects the organization Change.....................................................................13
Measures of Monitoring.......................................................................................................13
CONCLUSION..............................................................................................................................14
REFERENCES..............................................................................................................................15
Managing Strategic Change in an Organization_2

INTRODUCTION
Change can be defined as a process which include continuous transition of existing state
into new state. Change is multi faced phenomenon. Strategic change can be defined as planned
or systematic way of restructuring business process in order to achieve goal of organisation. The
study will highlight various models which is used for strategic change management such as
ADKAR, lewin model of change management and Kotter's model of change. It will also show
the value of using strategic intervention techniques and how its is valuable for the organisation.
The study will also cover various factors which drive the need for change in organisation. The
various strategies which helps in change management is also been discussed. In order to explain
all this Arkadia has been taken in a study. Arkadia comes under a Mizzi organisation. Mizzi is a
large organisation providing in services in various sectors such as automotive, finance, retail, real
estate, beverage, insurance, gaming, IT etc.
LO 1
1.1 Models of strategic change
Arkadia use the various models in order to manage change within the organisation.
ADKAR model : The model is people focused which helps in change management. The model
was created by Jeffrey Hiatt. The model helps Arkadia to manage change at individual level. It is
difficult for any organisation to prepare their employees for accepting change. Therefore this
model helps Arkadia to prepare employees for accepting change(Karambelkar and Bhattacharya,
2017).
ADKAR is an acronym :
Awareness : It means creating awareness for need to change
Desire : Creating desire to support change
Knowledge : Getting knowledge of how to change
Ability : An ability to implement change
Reinforcement : Reinforcement to sustain change
As the any organisation can implement change only if its employees support them. This
model help in successful understanding of employees about need of change.
Managing Strategic Change in an Organization_3

Kotter's Model of change : The Kotter's model of change involves 8 steps which help the
Arkadia to successfully manage change and implement it in a successful manner within the
organisation. The 8 steps are :
1. It creates a sense of urgency among the company
2. Building strong coalition
3. Forming a vision
4. Involving everyone
5. Enabling action by removing roadblocks
6. short term goals
7. sustain acceleration
8. Institute change
This model helps Arkadia to successfully convert an resistant individual into active participants
with the help of trust, teamwork and transparency(Andreasen and Gammelgaard, 2018).
Lewin's change management model : According to this model the change can be broken into
three stages :
Unfreeze
Change
Refreeze
As per this model the employees should start a process with clean slate by unfreezing the
current process or work they are in. Secondly the change should be implemented. This step
requires a clear communication among all the team members as well as different department
within the company. Lastly the feedback which has been taken in change step should be
implemented in new process.
1.2 Relevance of these models on practice
Currently Malta is facing lowest unemployment rate. In year 2016 the net increase in jobs
was about 10,500. The employers are searching for a candidate who fulfil the needs of a
particular position. Malta is however facing loss in adapting the global regulatory changes expect
in a sector of igaming. igaming is one of the important sector for Malta but other than this all
other factor are also responsible in order to contribute to the improvement of economy.
The Arkadia has however plan to create a job opportunities for people. The company will
not only recruit employees but they will also train employees in order to enhance their skill and
Managing Strategic Change in an Organization_4

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