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Report on Understanding And Leading Change - Cosmos Tours and Thomas Cook

   

Added on  2020-06-05

14 Pages4698 Words30 Views
UNDERSTANDING AND LEADING CHANGE

Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1 ...........................................................................................................................................3P1 Comparing two companies with impact of change on strategy and operation .................3P2 Evaluation of ways through which internal and external drivers of change impacts uponleadership, team and individual behaviour ............................................................................6P3 Evaluate measures to minimize the negative impact of changes on Organization Behaviour................................................................................................................................................8TASK 2 ...........................................................................................................................................9P4 Different barriers of change and the influence on leadership decision making................9TASK 3..........................................................................................................................................11P5. Application of different leadership approaches for dealing with changes in organization11CONCLUSION .............................................................................................................................13REFERENCES..............................................................................................................................13Books and Journals........................................................................................................................13

INTRODUCTIONUnderstanding and leading change can be defined as management of changes from thevery beginning of planning, executing and evaluating. It is necessary to control changes becausethey impacts positively as well as negatively. To reduce the possibility of loss, this is essential toobserve and analyse the effects of change to evaluate for controlling them. The modificationswill become successful when employees, leaders ad managers are ready to accept changes andwant to work on that willingly to fulfil desired goals or objectives(Lee and Byun, 2012). Thisassignment consider impacts of changes on strategies and operational activities comparativelybetween two organisations that is Cosmos Tours and Thomas cook. Both of these companies arein operational aspects running a successful business in United Kingdom. They have principalobjectives or goals to provide supply superior service. This report includes evaluating throughinternal and external drivers of change upon leadership, team and individual behaviour. Itconsiders to identify barriers steps to minimise negative impacts of modifications and mentionseveral kind of approaches of leadership which deals with change.TASK 1 P1 Comparing two companies with impact of change on strategy and operation Every business have to implement changes in organisation regarding its riles, regulations,policies, strategies, technologies, methods etc., to enhance performance of workers as well asmake strong position of brand in competition of market at local or global level. It is necessary for leaders and mangers to apply modifications and evaluate its impacts to control then. By thisthey can earn better profit and get rid off from future problems such loss of company(Nowell andHarrison, 2010). Now, a days, everything should be replaced by new things according to trendsthen firms have to implement trendy evolution to its strategies or policies to provide unique andinnovative products. This is important to maintain the position of brand strong in marketamongst several competitors. It helps in to develop goods or services ans sometimesmodifications facilitates market development. When something will introduced with exactly newconcept then it is known as market development.

Changes can become successful only when the manpower of an organisation is ready toaccept challenges and opportunities which comes along with them. Because the reason is thatthey have to grab opportunities properly and control challenges or issues to make modificationsmore beneficial by avoiding threats and problems(Salmela, Eriksson and Fagerström, 2012).Factors which leading change and facilitates them towards success have to evaluate by leadersand mangers because both them have a role or responsibility to directs correct efforts for makingmodifications more beneficial. The organisations have to prepare an effective plan beforeimplementing any kind of changes. Here, it is targeted to do comparative evaluation of impactsof changes in two companies. That is, Thomas cook which was founded in 1881 product renderby them is global leaves, passport, insurance and visa services. And Cosmos tour was founded in1961 having its head office in Bromley in United Kingdom provides vacation packages.Comparison between both organisations are given below:BasicThomas CookCosmos TourEmerging technologiesThis company is a large scalebusiness which is very famousfor its mixture of services andthey can maintain theirstandards of products byapplying new and uniquetechnologies or strategies. Bythis they can boost up theirservices and gain clientsatisfaction. This is small scale firm whichneeds limited changes intechniques and policiesaccording to its bearingcapacity. This is becausemodifications requires morecapital for investment toimplement changes. They haveto apply changes in short timeperiod to gain profits.Modifications in externalfactorsSometimes, the rules andpolicies of external factorssuch as government,competitors, local authoritiesetc., will change and havenegative impact onbusiness(Thomas and et. al.,External factors have quite lesseffect on large scale firmsbecause they have limitedproductivity area. If it isessential to implementmodifications then they haveto put a little efforts in

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