Understanding and Leading Change

Understanding
and
Leading Change

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK 1............................................................................................................................................3
P1. Comparison between two organisation for identifying its similarity and difference.......3
P2. Evaluate internal and external drivers of change impact on leadership behaviour..........5
P3. Measures which are taken in order to minimise negative influence of change on
organisation behaviour...........................................................................................................6
TASK 2............................................................................................................................................8
P4. Different barriers for changes and analysis of their impact.............................................8
TASK 3..........................................................................................................................................10
P5. Application of different leadership approaches in dealing with change........................10
CONCLUSION .............................................................................................................................12
REFRENCES.................................................................................................................................13

INTRODUCTION
Change is necessary for all organization if they want to expand their business effectively
because by it they can enhance or improve their quality of work. This will also help them in
developing more impressive products and services according to new trends and changes at
marketplace (Alavi and Gill, 2017). Through this, they can also find issues that they may face in
future while conducting business operations. Organisation taken in report is Monzo Bank Ltd
which is a UK based challenger bank having near by 50 staffs and 2,50,000 customers. Topics
covered in this assignments are impact of changes on different organisations, internal and
external drivers which affect leadership behaviour and it will also explain force field model for
identifying change forces. Along with this, it will include barriers of change as well as it also
define leadership approaches adopted for effective implementation of change.
TASK 1
P1. Comparison between two organisation for identifying its similarity and difference
It is essential for a company to adopt change at the workplace but when they adopt
innovation, it will influence its functions as well as operations. So, in order to identify
effectiveness of workplace Monzo Bank Ltd's management conduct its comparison with
competitor i.e. Hartford financial service group, by this they able to know their differences as
well as similarities which are mentioned below:-
Change Drivers Monzo Bank Ltd The Hartford
Structure The respective firm is
operating its business through
hierarchical structure due to
which they are facing some
major issues (Anderson, 2016).
So they decide to switch their
structure to flat from
hierarchical. By adopting this
structure they able to gain
various benefits such as
The Hartford financial service
group is operating its business
through hierarchical
organisation structure but they
are going through several
issues that directly impact on
their production and quality.
So they decide to change their
organisational structure from
hierarchical to flat. By this

improve working quality of
staffs, fast decision making
procedure, more motivated
employees and many more.
Strategy: While implementing
change in organisational
structure as by converting
hierarchical structure to flat
their might be some effect of it
on business strategies as
decision making power,
working style, rules and
regulations, organisation
policies and many more.
Operation: When respective
company adopt flat
organisation structure they
face various positive changes
such as employees get
motivated, quality of work get
increased, accomplishment of
work at proper time and many
more (Fragouli and Ibidapo,
2015).
they get various benefits such
as their manufacturing cost get
reduced because their staffs get
motivated and they conduct
their work properly as well as
with minimum wastage.
Strategy: While adopting
change of converting
hierarchical structure into flat
respective company might face
several impact on business
strategies like their will be
change occur in decision
making, leader need to develop
new policies, employees
required training and many
more (Doppelt, 2017).
Operation: When The
Hartford financial service
group implement flat structure
there might some change occur
in their operations such as
there is reduce in wastage,
employees work effectively,
more effective decision will
developed and so on.
In order to adopt change both the companies Monzo Bank Ltd and The Hartford financial
service group adopt same method that is training and development. This is so because through it
their employees able to know appropriate method for conducting work in particular organisation