Thursday, August 15, 2019
áhange Management
Section 1 Demonstrate your understanding of the background to organisational strategic changeDiscuss models of strategic changeThere are a number strategic change models ââ¬â such as the evolutionary model and, currently popular, the sustainability maturity model ââ¬â you will need to briefly describe the main, established models, and their most common uses Diploma in Strategic Management and Leadership Unit 3: Strategic Change ManagementEvaluate the relevance of models of strategic change to organisations in the current economyFollowing on from the above point, discuss how relevant each model is in todayââ¬â¢s business environment ââ¬â dominated in the West by the continuing recession, and in the East by rapid expansion of internal demand but constraints due to the recession affecting external markets ï⠷ assess the value of using strategic intervention techniques in organisationsAn ââ¬Å"interventionâ⬠, in this context, is when a strategic change (of direct ion/policy) is made in order to re-align the organisation with the current business and external environments. An example of this is the strategic intervention that many organisations have been forced to make due to the exponential growth of on-line, internet sales ââ¬â of products and services which until very recently were safe and profitable off-line, traditional markets. You will need to discuss why using strategic intervention techniques is necessary and what the benefit could, or should, be.Section 2Demonstrate your understanding of the issues relating to strategic change in an organisation ââ¬â examine the need for strategic change in an organisationHere you will need to select a specific organisation, or type of organisation, and analyse, examine, the need for strategic change in that organisation. An example of a suitable organisation would be a major high-street retailer, or a West based manufacturer facing increasing competition, mainly on costs, from the East, or a family-owned business that needs funding for growth which is only available by becoming a PLC. An alternative would be to select a business sector, and discuss this from the point of view of organisations operating in that sector. assess the factors that are driving the need for strategic change in an organisationUsing the organisation(s) that you selected in the point above, assess the relative importance of ââ¬â potential impact of ââ¬â each of the factors that is driving the need for strategic change ââ¬â assess the resource implications of the organisation not responding to strategic changeA major strategic change is usually costly, in terms of human, physical, and financial resources, and often, reputation, image, brand awareness, for example ââ¬â but the cost of not changing direction, not adopting a new strategy, can be far greater and potentially devastating. You will need to discuss this.Section 3Explain how you would be able to lead stakeholders in devel oping a strategy for change ââ¬â develop systems to involve stakeholders in the planning of changeStakeholders in an organisation can include: operational employees, managers, suppliers, customers, clients, funding organisations, trades unions, professional associations, local authorities, local communities, the local and national media, government, and more. Here you need to devise and present a system ââ¬â a process ââ¬â a plan ââ¬â that will involve such stakeholders in the planning of change in an organisation Diploma in Strategic Management and Leadership Unit 3: Strategic Change Managementââ¬â develop a change management strategy with stakeholdersFollowing on from the point above, you will need to outline how you would involve stakeholders in the development of a change management strategy ï⠷ evaluate the systems used to involve stakeholders in the planning of changeThere are established mechanisms, methods, systems, designed to involve stakeholders in the planning of change ââ¬â the decision making process. You will need to briefly describe these and give your view as to the effectiveness of each ââ¬â create a strategy for managing resistance to changeResistance to strategic change is almost inevitable ââ¬â but it can be minimized / localised ââ¬â there are established, proven methods of overcoming, or at least minimising, resistance to change ââ¬â an obvious one is to involve as many people as possible in the early discussions, decision-making, and implementation of a strategic change, but there are others you will need to research and discuss In the strategy that you create, you should take into account the possibility of resistance from any or all of the stakeholders ââ¬â operational employees, suppliers, middle to senior managers, customers, suppliers, shareholders, unions, external agencies, and so on.Section 4Explain how you would plan to implement models for ensuring ongoing change ââ¬â develop appropriate models for changeHere you will need to discuss available models, and against the background of continuous, ongoing change (remember the saying ââ¬Å"Change is permanent!), discuss the core model of change that you propose, and then describe the actual, completed model that you plan to use ââ¬â plan to implement a model for changeFollowing on from the point above, here you need to prepare an outline plan ââ¬â showing timescales, resources, stages, and objectives, for the implementation of your change approach ââ¬â develop appropriate measures to monitor progressJust as it asks â⬠¦ straightforward monitoring and control for effectiveà implementation ââ¬â virtually the same approach as would be taken for the monitoring and controlling of the implementation stage of any project or plan ââ¬â but â⬠¦ donââ¬â¢t forget the ââ¬Å"resistanceâ⬠factor has to be addressed Donââ¬â¢t forget that you also need to write a Reflective Statement and add a list of Sources of Information-References showing any books, websites, articles, case studies, reports, internal documents, people interviewed, that you drew on to complete this assignment. The Reflective Statement and Sources of Information
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