Strategic Change Management Report - Framlington Property Plc

Added on - 14 Jan 2020

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STRATEGIC CHANGEMANAGEMENT1
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................3TASK 1 & 2.....................................................................................................................................3TASK 3............................................................................................................................................3a) Developing stakeholders analysis and strategy to involve them in planning of change at FP3b) Developing a change management strategy and involving them at FP..................................4c) Evaluating the systems used to involve stakeholders in planning change..............................5d) Developing a strategy for managing and overcoming resistance to change at FP..................7Task 4...............................................................................................................................................7a) Developing appropriate models to change..............................................................................7b) Plan to implement the model for change................................................................................8c) Developing measures to monitor the progress of change models...........................................9CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................102
EXECUTIVE SUMMARYThe report herewith aimed at analyzing the aspect of strategic change management in thecontext of Framlington property Plc. The entire report is based on the given case scenario inwhich business value is assessed using strategic intervention techniques. The stakeholders ofmentioned company are Employees., Government, Investors and Creditors., Suppliers., Clients,Local Community andSociety, etc. The company is advised toinclude stakeholders in planningchange like, six step stakeholder circles. The company has to purposefully configured to getstakeholders commitment, consensus and include them in devising change managementstrategy.It was found that to facilitate change, company can use forums, open communicationand give training and development to its employees.3
INTRODUCTIONChange management is business strategy that assist organization in handling with changeboth from the company and individual perspective. The main aim of change management is toovercome the issue of resistant among employees while making changes in business processes,technology, supply chain or project scope. It further involves steps like, identifying the areas thatrequire change, analyzing its impact on employees, approving modifications and implementingchanges (Todnem, 2005). It is further followed by proper control and monitoring process toassure that changes are providing the desired outcomes. In the present report various aspect ofstrategic change management in the context of Framlington property Plc will be studied. It is apublic company of UK that deals in property therefore, purchase and develops land forresidential and commercial purpose. Company is planning to expand its business in developingnations like, India and China. In this report, key models of change management will be studied.Further, the need for strategic change at FP will be described.TASK 1 & 2In PPTTASK 3a) Developing stakeholders analysis and strategy to involve them in planning of change at FPStakeholders can be referred as those individuals or groups that are directly or indirectlyassociated with company and can affect or be affected by its operations. Stakeholder analysis is aprocedure of determining the groups or individuals that are possible to be impacted or impact byorganizations actions. Thereafter, organization classify them as per the affect on the action anddetermine how stakeholders objective can be met by taking any action (Stakeholder analysis.2015). In this respect, the management of FP can identify the stakeholders that can be affected bycompanies decision on expanding overseas(Dunphy, Griffiths and Benn, 2007). Further,organization can make proper strategy to involve stakeholders in planning the upcoming change.4
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