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WHAT IS MANAGEMENT OF CHANGE?This is the process, tools and techniques to manage the people side of change to achieve a required business out come.EXPLANATION OF MANAGEMENT OF CHANGEIMPORTANCE OF CHANGE MANAGEMENTChange management increases the success of organizational change and project initiatives by applying a structured framework of methods, tools and processes managing the change from a current state to a future state.
WHAT TRIGGERS A NEED FOR CHANGE MANAGEMENTEither internal or external events within an organization triggers the shift in change.Examples of external factors include:Law Societal IssuesCompetitors
Example of internal factors include:Lack of motivation
TECHNIQUES FOR MANAGING EFFECTIVELYSTEP 1:Understanding the current state of the organization. STEP 2:Competently envisioning and laying out the desired future state of the organization. STEP 3:Implementing the change in an orderly manner.
EXAMPLES OF CHANGE MANAGEMENTRISKS WHEN CHANGE IS NOT MANAGED EFFECTIVELYSome risks associated with change management include:Productivity declinesProjects go over budget and past their deadlineEmployees find workarounds to avoid the new way of doing things or revert to the old way.Passive resistance escalates
BENEFITS OF CHANGE MANAGEMENTADVANTAGES OF CHANGE MANAGEMENTDISADVANTAGES OF CHANGE MANAGEMENTREFERENCESGROUP MEMBERS