Strategies for Growth and Development of Business : Assignment
Added on -2020-07-23
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Understanding andLeading Change
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Comparison between different organisational operational strategies after adopting changes.................................................................................................................................................1M1 Different drivers of change that has affected Organisation.............................................3P2 Influence of drivers of change on Team, Leadership, Individual Behaviours..................4P3 Measures taken by Marks and Spencer to mitigate the influence of change on Organisation................................................................................................................................................5M2 Models as well as theories in response to change............................................................7D1 Conclusion and Recommendation related with change impact analysis..........................7TASK 2............................................................................................................................................8P4 State different change barriers & determine the influence of leadership decision-making8M3 Force field analysis to determine the various sources and resistors of change..............10D2 The use of force field analysis........................................................................................10P5 Blanchard Situational leadership model and its influence on Marks and Spencer.........10M4 Evaluation of the impact of leadership approaches.......................................................11D3 Effectiveness of Various leadership approaches............................................................12CONCLUSION..............................................................................................................................13REFERENCES..............................................................................................................................14
INTRODUCTIONChange is a inevitable process and every company has to go through it. There are variousways through which company can adopt these changes and make effective strategies for thegrowth and development of business for a longer term. The main purpose of any organisation isto sustain a higher position at market place. Change is needed to fulfil the dynamic needs as wellas demands of individuals. The change in the needs and demands of customers and theirpreferences is the primary driver and reason for company to adapt change within the companyand business as such. Change can take place in every element of an organisation like process,products, place, promotion techniques etc. It is thus quite crucial that a company chooses inwhich element the change is needed (Cameron and Green, 2015). Marks and Spencer is amultinational company and is having various stores all over the world with a good brandrecognition. The company is growing internationally very well. The problems that the companyis facing in implementing change and the various ways of implementing change in business willbe discussed in detail within this report. The report will also have a comparison with other firmsas how the change is taking place in those firms.TASK 1P1 Comparison between different organisational operational strategies after adopting changes.Change is crucial for every organisation. If it will not walk with time and make necessarychanges within the company, The company may soon end up in a failure. Therefore it isnecessary that business is managed in a proper manner for growth and development of the same.Changes can be of various types like it can be planned change or unplanned change. These hasbeen discussed in detail as follows:Planned ChangeChanges in Goods and services: When a company decides to make a significant changein its goods and services. Such change can be referred to as a planned change. Such changerequires pre-planning, effective co-ordination etc.Change in Administrative System: The organisation might also think to enhance theadministrative efficiency of the company and for this purpose it may make necessary changes inits administration. The pressure to manage such change usually comes from Top management ofthe company. The approach which can be adopted are different, like Top-down, bottom-up1
approach etc. These kind of changes can help company a lot in implementing various types ofworking culture within the economy.Technological Innovation: Rapid changes within the technologies which are being usedby companies have made it compulsory for companies to make sure that they aretechnologically upgraded. The right kind of technological development and innovationwill make the position of company strong in the market (Derman-Sparks, LeeKeenanand Nimmo, 2014 ).Unplanned ChangeDemographic Alteration: With expanding number of ladies workforce joining theassociation and notwithstanding this more seasoned representatives joining private segmentemployments subsequent to finishing their residency out in the open division or governmentsegment and furthermore expanding structure of assorted workforce in association's because ofglobalisation of overall economies, the statistic creations of the workforce has experienced anocean change in the present situation. The quick change in the socio economics will propelassociations to change.Government Regulation: The government regulation is changing rapidly, they arebecoming more people oriented and this has forced companies to make sure that their processesas well as procedure are according to the laws and rules which are being framed by thegovernment. This is also one of the primary element of unplanned change which forces anassociation to change. There are various reasons for the change to take place in an organisation. These reasons are asfollows:Performance Gaps: The aims and objectives that are set by the company are not matchedwith the actual performance and this has lead to change in various processes so that theseGaps can be filled. It is quite important for company that budgeted performance is metwith actual performance and if there is any gap it shall be filled as soon as possible. Themanagement of Marks and Spencer is making sure that these gaps are filled.New Technology: A company may also needs to change for implementation ofinnovative and fresh technology within the organisation. Customers demands arechanging on a continuous basis and therefore it is quite important to make sure thattechnology of the company will enable it to fill those demand and gain competitive2
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