Analysis of Leadership Approaches for Change Management at AEGON

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Added on  2023/01/20

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This report examines leadership strategies for managing change within AEGON, a company founded in 1983. It explores various leadership approaches, including system leadership and Lewin's Change Model, and assesses their effectiveness in facilitating organizational change. The report delves into how these models are implemented to adapt to modifications, enhance work quality, and increase profitability. It also evaluates the strengths and weaknesses of each approach, drawing on research to support the analysis. The conclusion emphasizes the critical role of change in organizational success, highlighting the challenges and the importance of effective leadership in navigating these transitions. The report concludes by emphasizing the importance of leadership in handling change within an organization.
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Understanding and Leading Change
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Table of Content
Introduction
Different leadership approaches for dealing with change
Evaluation of leadership approaches
Critical evaluation of approaches
Conclusion
References
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Introduction
For every type of organization change is essential because through it
they able to enhance their business as well as it will also help in
developing huge customer’s base. Organization taken in report is
AEGON which is founded in year 1983 and it’s headquarter is situated
at Hague, Netherlands. It will explain about leadership method or
approaches which will help a firm in dealing with issues in appropriate
manner.
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Different leadership approaches for dealing
with change
There are different leadership styles that AEGON uses to deal with
modifications and change, some of them are explained below:-
System Leadership Style
Lewin's Change Model
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Cont...
System Leadership Style
In this strategy, rulers create a situation that allows their group
members function effectively according to their ability. In this respect,
this will assist AEGON leaders predict the behaviour of their team
members according to the allocated assignment. Along with this by
adopting this approach or model AEGON able to adopt changes in
effective manner which will also help them in developing effective and
appropriate decision according to situation.
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Cont...
Lewin's Change Model
The AEGON Company conducts Lewin’s change model to build
framework that assist their executives or politicians create policies on a
situation-based grounds respectively. By adopting this model of change
AEGON able to adopt change in effective manner and this will also
help them in developing decision which help in enhancing work quality
of their employees. That will leads to gaining high profitability ration
as well as market shares.
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Cont...
Explanation of the respective model is below:-
Unfreeze
Change
Refreeze
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Evaluation of leadership approaches
By adopting above given model i.e. Lewin's Change Model respective
company able to adopt changes in effective manner which will help
their leader in developing strategies according and conduct work
properly. Along with this by system leadership style respective
company leader able to develop strategies which help them in
enhancing their profitability ratio by adopting change in properly.
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Critical evaluation of approaches
As per the view point of Painter and Clark, 2015, both system
leadership style and Lewin’s change model help AEGON leader and
manager in adopting change in effective manner. Through this they also
able to enhance quality of work as well as profitability ratio of their
company.
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Conclusion
With the above-mentioned stage, it can be concluded that
modifications perform a significant part in the activities of an
organization. Implementing an organization’s shift led in both
beneficial and adverse impacts. There are a few adverse effects of
modifications and it requires multiple majors or measures to defeat the
business. There are many obstacles to change faced by an organization
and then there are distinct management strategies for handling with
change.
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References
Lloyd, K. J., Boer, D. and Voelpel, S. C., 2017. From listening
to leading: Toward an understanding of supervisor listening
within the framework of leader-member exchange theory.
International Journal of Business Communication. 54(4),
pp.431-451.
Painter, S. and Clark, C. M., 2015. Leading change: Faculty
development through structured collaboration. International
Journal of Doctoral Studies. 10. pp.187-198.
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