Strategic Management Change

Strategic Change
Management

Table of Contents
INTRODUCTION......................................................................................................................3
TASK1.......................................................................................................................................3
Explanation of change management models and their evaluation.........................................3
Explanation of techniques related to strategic intervention...................................................7
TASK2.......................................................................................................................................9
Identification of change need within the organisation and different factors required for
strategic change......................................................................................................................9
TASK3.....................................................................................................................................12
Building a system to involve stakeholders in a process of change management with
evaluation of system and change management strategy......................................................12
TASK4.....................................................................................................................................15
Identification evaluation and implementation of change model and managed monitoring
performance of these model.................................................................................................15
CONCLUSIONS AND RECOMMENDATIONS..................................................................17
REFERENCES.........................................................................................................................19

INTRODUCTION
Strategic change management can be defined as a process which is directly related to
the managing changes in the structure for formatting the organisation goals objectives and
vision in a particular time period. Changes are necessary to the organisation so that it can
continue its growth and meet its expectations within the market the eliminating the
competition from the industrial competitors. The market of UAE is continuously changing
which also on the performance of different sectors as well as industries to adopt the process
of change management by enabling different kind of facilities to satisfy the needs and
requirements of the customer. In the present report the children organisation is Emirates NBD
Bank, it is a Dubai government owned Bank and largest Middle East group of banking sector
in terms of assets. In 1963 Dubai ruler sheikh Rashid bin Syed Ali Makhdoom formed
Emirates NBD as a national Bank of Dubai. Emirates NBD is a leading Bank group in
MENAT region, the bank get its legal existence in Dubai financial market on October 16,
2007 where the merger between EBI and NBD to create the Emirates was also done.
In this current report the beginning is consists of discussion about various teams
models and evaluation of this models related to the selected organisation in present financial
condition. There is also a discussion about the strategic invention techniques which are
important in terms of organisation. In the middle, the report there is discussion about various
changes in the organisation and identification of the factors that drive strategic changes and
the resource implication on these changes. There is also a discussion about various suitable
schemes to be involved the investors in the selected administration for planning the changes
and evaluating the system. In the end of this project there is a conversation about to
modification models which will help in facing the challenges as in the organisation and
implementation of these models for monitoring the process of implementation.
TASK1
Explanation of change management models and their evaluation
Management of change is important part of every organisation as it helped firm in
adopting the changes within the economy and using these changes for the benefit of the
organisation so that customer satisfaction can be maximize as well as goals and objectives of
the organisation can be achieved in a competitive environment. There are various change
models which can be used by the organisation for implementing on the organisation to adopt
changes. Some of these models are mentioned below:

Deming’s PDCA Cycle of Change
It is the change framework which was established by W. EDWARDS DEMING,
where he states that it consists of four stages strategy do control and performance for
managing the changes on a working place. what is the continuous changing process in the
organisation which continent or a process which help improving and refining processes of the
organisation and helpful to the firm to achieve objectives in an appropriate manner by
improving the organisation conditions related to change management (Johnson, 2016). All
four stamps are discussed underneath:
Plan: this involve identification of various situations which will help organisations
and grabbing the opportunity for change management and planning the basic requirements
like resources timeframes competition and other factors which impact on the change
management.
Do: In this stage the plan will be executed directly without any proper identification
so that delay can be tolerated as well as process related to change management can be directly
implemented on the organisation for starting the initial testing phase.
Control: It is the important step in the process where the control will be established
within the organisation so that each and every member can understand its responsibility
within the change management process implemented on the organisation as well as using the
capabilities of each individual for making it successful by analysing and using a proper study
related to various tools of change management.
Act: Actresses step which is arise after control step where action should be taken for
improving the plan which organisation implemented for changes within the firm. this step is
necessary in the organisation because in this change model there is no pre evaluation the
plans before execution so some time there are chances which can impact negatively on plan.
Action will help company in managing the change within the organisation by taking
defending steps (Deming, 2018).
McKinney 7 s model
It is a change model that is directly represents the connection between 7 areas and
divides please area into soft and hard areas so that it can easily implement change on the