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Understanding and Leading Change

   

Added on  2023-01-06

28 Pages8449 Words36 Views
Understanding and Leading
Change

Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1. Compare different organisational examples where there has been an impact of change on
an organisation’s strategy............................................................................................................1
TASK 2............................................................................................................................................3
P2. The ways in which internal and external drivers of change affect leadership, team and
individual behaviours...................................................................................................................3
P3. Evaluate measures that can be taken to minimise negative impacts on organisational
behaviour.....................................................................................................................................6
TASK 3............................................................................................................................................7
P4. Explain several barriers for change and analyse how they influence leadership decision
making.........................................................................................................................................7
TASK 4............................................................................................................................................8
P5. Different leadership approaches to dealing with change.......................................................8
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................11

INTRODUCTION
In a business, change is states to the activity in which something is done a different form. As
it is also crucial for enterprise in developing their execution as it is associated with the
modifications that are trending in the market. According current scenario, modifications are
arises within the firm sometime it put favourable influence and at the same time it also considers
unfavourable impact. Therefore, it is important for business venture to execute all the
modification and also efficiently acknowledge the similar to improve their favourable execution.
The organisation taken for this written document is Aviva that is established in 2000 and it’s
headquartered in London, UK (Drago-Severson and Blum-DeStefano, 2018). It is the largest
general insurer and a leading life and pension’s offered. There are approx 30,021 workers who
are making their involvement in operating the business of enterprise in several countries across
the globe. For the accomplishment of this assessment, Aviva is a crucial selection as with the
assessment of it, the report will demonstrates about the changes within the financial sector
venture which impacts their strategies, structure and operations in diverse form.Topics that are
explained in this document are example of organisations and how its operation and plan of
actions influences, external and internal drivers of change that influence leadership and steps
through which the organisation can minimise negative persuade, Diverse leadership approaches
will also define which help in dealing with complexities in effective form.
TASK 1
P1. Compare different organisational examples where there has been an impact of change on an
organisation’s strategy
There are several kinds of organisational change, some of them are describe as under:
Organization Wide Change- It is a massive-scale transformation that impacts the
complete enterprise. This should include restructuring management, including a brand new
coverage, or introducing a new company era. Such large-scale change could be felt by means of
each unmarried worker. However, because the dust settles, you may begin to see enhancements.
Organizational trade can be a sharp indicator in know-how how long-held policies have become
outdated or mirror an enterprise’s remodelling identification.
Transformational Change- This alternate in particular targets a corporation’s
organizational strategy. Companies that are pleasant suitable to resist rapid exchange in their
1

industry are nimble, adaptable, and prepared to convert their game plans while the need arises.
Strategies to manual transformational alternate must account for the modern state of affairs and
the path an organisation plans on taking (Types of Organisational change. 2020). Cultural traits,
social climate, and technological progress are a number of the numerous factors leaders must
don't forget.
Personnel Change- It happens when a agency experiences hyper-boom or layoffs. Each of
those types of organizational exchange can motive a full-size shift in worker engagement and
retention. The danger of layoffs evokes worry and anxiety amongst body of workers participants,
and leaders have to anticipate that employee morale will go through. Nevertheless, the enterprise
ought to pass ahead. It is vital to show authentic compassion and motivate personnel to retain to
paintings difficult via hard times.
Remedial Change- Leaders put in force remedial modifications after they pick out a need
to deal with deficiencies or poor organization overall performance. For example, monetary
misery is commonly because of lacklustre performance and calls for remedial exchange. Other
common examples include introducing employee training software, rolling out new software, or
developing a role to repair a pain factor.
In present time, the main cause in form of conducting business operation and action is to
earn profitability and development in market shares or for work for social form. As Aviva is
general insurer life insurance, pension and fund administrative establishment. In UK, the
government impose certain barriers that instantly and indirectly impact to the respective
enterprise’s revenue and market share (Tombetti and Mason, 2019)). For understanding the
effective situation of changes that influencing function and operation, Aviva conduct comparison
analysis with its rival the Hartford financial group. Comparison of both companies is defined as
under:
Organisation Changes Drivers of
change
Impact on
strategy
Impact on
operations
Aviva As technology is
developing day by
day so, this
becomes easy to
operate in all UK.
Business
expansion
The major
strategies and
tactics, to apply
and use of
innovative
When the
company will
accept or use
innovative
tehcnologies in
2

Aviva is a
successful
financial sector
company which
operate its
business by
offering insurance
and other financial
products to clients.
In term of
operating their
business in
effective manner
in this technical
word, they decided
to use innovative
technology for
effective running
of their business in
this competitive
business
environment.
technologies in
establishment, is
guides to
motivate workers
who directly
help them in
improving their
efficiency in
effective form.
By this
employees are
get fair and equal
treatment and
there is also
reduction in
issues
(Neumann,
James and
Vince, 2019).
its working
environment
then there is
some positive
modifications
arise in the
venture such as
they require less
time for decision
making that help
in saving their
time. By this
completion
timing of
production and
work get
reduction,
workers perform
their task in
granted time
frame (Yrjölä
and et. al., 2019).
Hartford
Financial
Group
In respect of
technology UK
have the advanced
telecommunication
infrastructure in to
globe. In reference
to technology
advancement,
Hartford Financial
Updated and
quality services
The
administration of
the respective
company frame
strategies and
plan through
which they can
make control on
the wastages and
By accepting
respective
changes in the
respective firm,
they able to
reduce devastate
and operations &
manufacturing
cost. It become
3

Group used the
technologies so
that it can able to
facilitate effective
services to its
clients within UK.
conduct their
operations in
effective form.
Regarding it,
they can offer
training sessions
regarding use of
new technologies
to manpower so
that workers can
do their work in
most efficient
and essential
way.
latent for the
company
through using
diverse functions
such as reduce
wastage, groom
and train workers
to execute a
particular task
effectively,
compare cost of
different offers
and many more.
Virgin Money
UK
In context of
technology UK
have the
innovative
telecommunication
technology in the
world. In context
of advance
technology Virgin
money adopted the
technologies so
that is can make
development in its
services like 24*7
hours customer
services so that
people can resolve
Offering
effective
customer
services.
The management
of the particular
venture devise
effective plan of
action with the
help of them
they can
effectively
manage its
customers and
resolve their
queries in
effective
manner. In term
of it, they can
provide training
to its workers so
By executing
particular change
in the specific
venture, they
capble to retain
their target
audiences and
offering effective
services to them.
Along with this,
the venture can
increase its sales
and revenues in
more developed
manner.
4

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