Small Business Enterprises: Managing Change and Performance Analysis

This report examines the impact of proposed changes on small business enterprises, specifically focusing on The Elm Tree Hotel. It evaluates how these changes affect business activities and discusses effective change management strategies to transition from the current state to a desired future state. The report emphasizes the importance of managing variations at all levels of the organization, enabling anticipation of challenges and implementation of corrective actions. Furthermore, it highlights the necessity of continuously monitoring improvements and developments in the performance of The Elm Tree Hotel, utilizing both traditional and modern approaches. The conclusion underscores the significance of analyzing the impact of diversified changes, classifying them as either positive or negative, to ensure effective performance monitoring and overall business success. Desklib provides this report along with other study tools for students.

SMALL BUSINESS
ENTERPRISES

Table of Contents
• Introduction
• Impact of proposed changes on business.
• How variations will be managed in an enterprise.
• Monitor improvements in performance of organization.
• Conclusion.
• References

INTRODUCTION
• In this present era, it is necessary to consider various
changes so that effective performance can be monitored
on a timely basis.
• In this task, impact of proposed changes in context of The
Elm Tree hotel will be evaluated. Along with this, various
methods for effective assessment of performance is also
given effect.

Impact of proposed changes on business
• After implementation of proposed changes in action plan
of Elm Tree hotel, there is a need to recognise impact of
changes on business activities of cited hotel.
• Change management is a concept in which alterations are
done from current state to future state

How variations will be managed in an
enterprise
• It is considered vivacious to manage all the variations
done in different manner. An organization will be able to
anticipate challenges and corrective actions.
• It can be considered as should be managed at each and
every level in procedure of change management, whether
the change is strategic, process oriented etc.

Monitor improvements in performance of
organization
• In context of Elm Tree Hotel, it is rendered necessary that
there are various changes which are occurred in this
dynamic world.
• So, it is a requirement to continuously monitor
improvement and developments in performance of an
Elm Tree Hotel.

CONCLUSION
From the above report, it can be comprehended that it is
important to analyze an impact od diversified changes in
respect of The Elm Tree Hotel. Changes can be classified as
negative and positive change. Also, traditional and modern
approaches has also been used to monitor performance of
cited hotel.

REFERENCES
Schaper, M. T., Volery, T., Weber, P.C. and Gibson, B.,
2014. Entrepreneurship and small business.
Storey, D. J., 2016. Understanding the small business
sector. Routledge.
Thornton, P. H., Ribeiro-Soriano, D. and Urbano, D., 2011.
Socio-cultural factors and entrepreneurial activity: An
overview. International small business journal, 29(2),
pp.105-118.