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Understanding and Leading Change (Doc)

   

Added on  2020-10-22

15 Pages3964 Words137 Views
Understanding and LeadingChange

Table of ContentsINTRODUCTION ..........................................................................................................................4TASK 1............................................................................................................................................4P1 ...........................................................................................................................................4TASK 2............................................................................................................................................6P2 ...........................................................................................................................................6P3 ...........................................................................................................................................8TASK 3............................................................................................................................................9P4 ...........................................................................................................................................9TASK 4..........................................................................................................................................11P5 .........................................................................................................................................11CONCLUSION..............................................................................................................................12

INTRODUCTION Change management is a continuous process which deals with transformation oforganisational goals, objectives with process or technologies. The main goal of its is to managemanagement by imply change management strategies by bring effectiveness, control it andadaptation of it. To achieve competitive advantage and large share of market, organisation havebring modifications in goods as per wants of consumers. This assignment related with AegonN.V which is a international life insurance, pension with asset management organisation, itsheadquarter established in Netherlands. This report is based on impact or causingmodificationsplanning and strategies. In also includes internal and external driving force that affects leadershipstyles from team and individual behaviour. It also includes important measures that helps inelimination of negative effects with obstacleinmodification with their influence on leadershipand judgement making process. At last it includes various leadership formulation in various inbusiness.TASK 1P1Change is one of important attribute in today's world to compete in marketplace and togive delighted experience to consumer base. While dealing in different nations with variouskinds of products range organisation have to satisfy needs and wants of large consumer base.Aegon company have directly impact by governmentrules and regulations on their works andprocedures of functioning(Alavi and Gill, 2017.)Rules and regulation policies of UK markethave negative impact on organisational profitability as well as market share. (Anderson, 2016.).To participate and win in market, organisation have to make some change in their functions andoperations of Aegon company. This can be conducted after comparing it with its competitor.Comparison between Aegon and its rival company are followed:Aegon (change in structure)Prudential financial This organisation deals inlife insurance,pension and asset management of organisationand recently it changes their structure.Previously they were followinghierarchicalorganisational structure in which orders andThis company is an American fortune Global500 company which provides insurance,investment management and activities relatedto financeand also provides various otherfinancial related products and services for both

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