Assignment on Understanding & Leading Change
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Added on 2020-07-23
Assignment on Understanding & Leading Change
Added on 2020-07-23
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UNDERSTANDING ANDLEADING CHANGE
Table of ContentsINTRODUCTION...........................................................................................................................1TASK1.............................................................................................................................................1P1 Compare different companies strategies and impact of change on this strategies andoperation. ...................................................................................................................................1P2. Evaluation of internal and external factor of change in business environment....................3P3 Evaluation of change for minimise negative impact of change in organisation. ..................5TASK 2............................................................................................................................................7P4 Several barriers of change and their impact on leadership decision-making process............7TASK3.............................................................................................................................................8P5 Contribution of different leadership approaches regarding organisational change...............8CONCLUSION ...............................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONChange is the only thing those are continuously done in today's environment. Businessunites are adopt change policies for updating or upgrading their firms operations and activitiesfor gaining profitability and increase productivity in futures. Company has make change relatedto new technological innovation, increase interpersonal competition, deregulation of market anddemographic changing of employees. Through change company have gain competitiveadvantage and establish their innovation image at market place those give effective brand imagein consumers as well as competitors mind. Starbucks and Costa Coffee are work in sameindustries in UK (Bin Taher, Krotov and Silva, 2015). Both organisation have use changemanagement in their firm for providing same kind of services to their client. In this report impactof change on company strategies and operations, evaluation of change implementation and theireffective are discussed. Barriers of change and they influence leaders decision for preparingchange approaches well be studied here. TASK1P1 Compare different companies strategies and impact of change on this strategies and operation.Change is a strategies use by company to update their operations for gain competitiveadvantage at market place. Its a procedure of doing or applying new events and situations onfirms operations due to external and internal factor of the business environment at market place.Starbucks and Costa Coffee are deliver their product internationally (Brazer and Bauer, 2011).Change have both negative and positive types of impact on their business environment. Their aremany internal factor are create impact on business environment are suppliers, competitor, clients,employees etc. some external factor those create impact are political, legal, economical, social &culture and technological etc. The external factor are main drivers of change in businessenvironment. Through change management company's have enjoy growth opportunities,innovation in product & services and competitive advantages at worldwide. Both company haveidentify requirement of change and make strategies to minimise their negative effects. Someimportant reason regarding identification of change by both firms management are as follows: 1
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