This presentation provides an overview of organizational change and the different leadership approaches to dealing with it. It discusses the impact of change on organizational performance and provides references for further reading.
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Understanding and Leading Change
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Content covered Introduction Leadership approaches to deal with change References
Introduction Organizational change refers to alterations or modifications made in order to gain some profitability or competitive advantage. An organization change its culture, strategies, technology and other attributes of the organization in response to failure in an attempt to achieve goals and objectives. The changes in an organisation occurs when the standards are changed.These changes can be continuous or for a distinct period of time as each organization go through with the present changes.
Different leadership approaches to dealing with change When it comes to make alterations within a company like Marks and Spencer, it is required for the organisation's leader to use different leadership styles based on the situations that has been faced by them. Basically when a situation changes, a leader cannot perform jobs using same approach which was being used previously when nothing got changed. Transactional Leadership Style:- This kind of leadership style basically focuses on results, conforms to the existing structure of Marks and Spencer and measures success according to company's system of rewards and penalties.
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Cont.….. Transformational Leadership style:- This type of leadership style basically consist of different initiatives within the organisation, individuals, groups or in themselves as well.
Cont.….. Apart from this, there are some other leadership styles as well which could be used by leaders of Marks and Spencer at the time of making alterations and these are: Team Leadership style:- This type of leadership style could easily be used by leaders of M&S at the time when the company is having an effective team that could directly help organisation in any phase. Charismatic Leadership Style:- In this leaders tries to transform the values and beliefs of their employee.
Cont.….. Autocratic Leadership style:- This means where organisational decisions are purely centralized towards the top management. Democratic Leadership Style:- In this leadership style the subordinates are freetotakedecisionintheorganisation.Theleadershaveonlyfinal responsibility but the delegate authority is upon the subordinates
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Conclusion Withthehelpofabovementionedreport,itisbeingsummarisedthat organisationalchangecanbasicallyputnegativeorpositiveimpacton performance level of a company. Along with this, a change made within a business firm could develop ample number of opportunities and also might carry a few negative impact as well like loss of loyalty, decrease among profitability because of wrong decisions and many more.
References Ashley,L.andEmpson,L.,2013.Differentiationanddiscrimination: Understanding social class and social exclusion in leading law firms.Human Relations.66(2). pp.219-244. Cornish-Bowden, A. and Cornish-Bowden, A., 2012.Fundamentals of enzyme kinetics(Vol. 510). Weinheim, Germany: Wiley-Blackwell. Downes and et. al., 2016.Understanding deviance: a guide to the sociology of crime and rule-breaking. Oxford University Press.