Understanding and Leading Change: Assignment
Added on 2020-10-05
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Understandingand Leading Change
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1Comparing different organisation and its impact of change in organisation's strategy andoperation.................................................................................................................................3P2Evaluating internal and external drivers of change that effect leadership, team andindividual behaviour in organisation......................................................................................6P3 Evaluating measure in minimising negative impact of change on organisational behaviour................................................................................................................................................8TASK 2............................................................................................................................................9P4 Barriers for change and determining its influence on leadership decision making..........9TASK 3..........................................................................................................................................11CONCLUSION..............................................................................................................................19REFERENCES..............................................................................................................................20
INTRODUCTIONIn today's era business environment plays a crucial role for an organisation in order tounderstand need of changes that are essential in a competitive marketplace. Changes arenecessary as well as inevitable part of an organisation (Kotter, 2012). It is essential for a businessto analysis issues and problem and adopt changes as per the requirement which help anorganisation to sustain in market for longer period of time. In this report organisation chosen isAston Lark, an insurance company based in United Kingdom. This report is going to discussimpact of change on an organisation's strategy and operation.Evaluating internal and externaldrivers that affect leadership, team and individual behaviour within organisation in decisionmaking process.Moreover, adopting measure that help in minimising negative impact of changein organisational behaviour and identifying different barriers for change as well as its influenceson leadership decision making. Furthermore, application of different leadership approaches inorder to deal with organisation changes in competitive marketplace is discussed in this project. Overview of CompanyAston Lark Limited provides insurance brokerage services to general customer's. Theyunderstand in a better way with shared beliefs, values and ambitions as to embarked uponcustomer's in order to become most trusted advisory in this particular industry (About AstonLark, 2018). It scope is to combined expertise in vast and adapting to provide comprehensiveadvice that when world around changes our business also evolves. Moreover, they are dealing inmitigate risk by providing custom fit product and risk management advice.TASK 1P1Comparing different organisation and its impact of change in organisation's strategy andoperation In today's context the main motive of an organisation is to earn profit and attainsustainability in a competitive marketplace. Organisation operates in a dynamic environment inwhich changes are adapted as per the requirement of market. Some of the factors that impact onorganisation's strategy and operation are innovation, new and advancement of technologies andchanges in taxation policy which impact operational activities of an organisation (Doppelt,2017). Herein, with such changes in environment, companies forced to adapt certain changes in
their business in order to achieve their goals and objectives respectively. Aston Lark is basicallyan insurance based company. It have various other similar organisation that affect itsproductivity and profitability in same industry line. Herein, it is necessary for them to adoptchanges in order to become competitive among its competitors and maintain its growth as wellas become successful in same industry line.Comparison of Aston Lark and Kingtsure BASIS ( CHNAGES)ASTON LARKKINGTSUREOrganisational structural changesAston Lark are followinghierarchical organisationstructure in theirorganisation. In which eachtask have its own procedurefrom higher management tostaff member as per theirjob designation as well astheir roles andresponsibility. Herein ,managers of Aston Larkhas changed its structurefrom flat to hierarchicalstructure.Kingtsure is also an insurancebased company which offerdifferent policies andinvestment structure to itscustomers. They aremaintaining flat organisationalstructure in operating andfunctioning their day to daybusiness operation. Herein,mangers has change itsstructure in order to have nolevel of authority betweenmanagers and staff membersas well as carry out their workwithout any difficulty.StrategyWith the adoption ofhierarchical organisationalstructure managers willable to reduce conflictamong employees whichwill result in effectiveperformance and able toachieve goals andWith adoption of flatorganisational structure bothemployees and managers willinvolve equally in decisionmaking process and able toadopt changes with effectiveplanning and strategies. thiswill ultimately leads to
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