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Understanding and Leading Change

   

Added on  2023-02-03

13 Pages3770 Words38 Views
Leadership Management
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Understanding and leading
change
Understanding and Leading Change_1

Contents
INTRODUCTION......................................................................................................................3
TASK 1......................................................................................................................................3
P1. Impact of changes on organisational strategy and operations..........................................3
P2 Impact of internal and external drivers.............................................................................8
P3. Measures regarding minimising the negative impact of change....................................10
TASK 2....................................................................................................................................10
P4. Barriers of change and their influence on leadership decision making..........................10
TASK 3....................................................................................................................................11
P5: Contribution of different leadership approaches regarding organisational change.......11
CONCLUSION........................................................................................................................12
REFERENCES.........................................................................................................................13
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INTRODUCTION
In today’s world changes is the most constant thing that happens as every point. In
business world changes are consider to be happening according to a situation or changes are
made because of an emergency (Brown, 2012. ). Change is defined as something different
occurred or happened within the organisation and creates a positive and negative impact over
the various department functioning and operations of the organisation. They do so in order to
accomplish the business goals, as it is important to adopt various changes that are related to
procedures, policies, technology and strategies. These adaptation of changes also help in
reducing the risk and makes business operation productive at a particular time. To understand
the impact of changes ASDA and Marks & Spencer are taken into context, both companies
functions their business world-wide with numerous goods and facilities like food and
clothing.
In this report, the impact of changes in various strategies and operation of both the
organisation. This project also weight about various affects that may arise on business
operations due to internal and external factors present in business environment. Additionally,
report also covers the different types of barriers that have impact on leadership decision
making and various approaches that deals with such changes.
TASK 1
P1. Impact of changes on organisational strategy and operations.
It is very essential for industry and companies operating to have appropriate
information about the changes that are adapted in the organisational environment so that
suitable procedures and stroke can be taken to accomplish company goals and objectives. In
present era, digitalisation is the main change and it has positive and negative impact on both
organisations. By adopting changes like digitalisation companies are able to enlarge their
business world-wide. This also benefits in bringing large number of clients to buy their
products and services. Both M&S and ASDA experiences this change that helps them in
attaining flexibility to become successful.
About ASDA
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It is supermarket chain in UK and at global level that deals in multiple products such
as fresh food, bakery, clothing, electronic item and other services like car insurance, credit
cards and travel money bureaux.
About Marks & Spencer:
It is also one of the leading multinational company of UK which speciality known to provide
home product, luxury food items and cloths. Company has around 979 stores in different part
of world. But most of their store sells food products as there are more than 615 stores that
deal in food stuffs (Doppelt, 2017).
Impact of changes on strategy and operation.
Mark & Spencer is considering forward to have merger with ASDA in order to
enlarge their business and to increase their market share. This will be helpful for both
companies to raise and develop fast with high market share and high product growth rate. It is
assumed by the manager of both companies that if there is a merger of both companies there
is more chance of attaining competitive advantage. This supports both the organisation in
building an edge and develop an opportunities to beat their competition like Sainsbury,
TESCO etc. Here are some benefits that both the companies get after being merged with one
another:
Competitive advantage: If companies get combined with each other, there is a
possibility to increase the profitability of businesses automatically. They will have more
resources and skilled employees which will enhance their productivity and performance for a
specific time period. Additionally, it also helps in increasing competitive advantage and
expands their marketplace.
High Market share: As both Mark & Spenser and ASDA sales their products and
services at a global level so they have a strong customer base. Merging will allow companies
to increasing their market portion by drawing interest of maximum number of customers
toward s different unique items produce by both companies. The result will be positive as the
customer would have more option to a particular product with two different brands in the
same company.
Impact of changes on employees:
Understanding and Leading Change_4

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