Strategic Change Management

STRATEGIC CHANGE MANAGEMENT
Strategic Change Management
Belal Saad
University of Liverpool

1STRATEGIC CHANGE MANAGEMENT
The choices of the business plan is significant for an organization in aligning their
amendments for the sustainable growth and the development. The conduction of the same is
in need to be carried out with a precise focus on the presence of the delegation for the
achievement of such objectives. Hence the importance of making the reflection of the
delegation clear to the organizational structure is observed to be significant. The paper is
focused in the elaboration of the structure of the Royal Bank of Canada and also specifies the
procedure for the improvement of the smooth decision making. Apart from this, the paper
evaluates the techniques for the improvement of the relationship with the stakeholders of the
organization.
The mentioned organization is seen to have hierarchical form of structure currently.
The vertical line of authority is considered to be the base of such organizational structure
(Morschett, Schramm and Zentes 2015). The mentioned organization, Royal Bank of Canada
is seen to be managed by the Chief Executive Officer of the organization. The various
organizational managers like the Chief Financial Officer, the Chief HR Officer, the head of
management and insurance, heads of other capital, treasury and IT department along with the
other executives of the organization are responsible to report regarding their conduction to
the Chief Executive Officer of the company. The hierarchical structure is seen to be
significant for the large scale organizations and the delegation of the roles further down the
hierarchical structure is seen to be the main justification for it (Aghina, Smet and Heywood
2014). The delegation of such a line that is responsible for the divisions as a whole is
significant in enabling the head of the organizations to be aware of the problems that are
faced by the company’s efforts for the sustainability.
The business model of the mentioned company includes revenue streams, company’s
value propositions, key partners, channels, key activities, customer segments along with the
customer relationships. The main focus of the sustainability efforts of the company is seen to