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In order to manage change and implement change strategies, it is important to avoid implementing irrelevant...

In order to manage change and implement change strategies, it is important to avoid implementing irrelevant or random methods and try to focus on a suitable plan of action. Change management is an ongoing process that takes time, expertise, dedication and efforts to implement and run. It requires the involvement of people or staff of the company and may also result in these people being affected by the changes too. Before adopting one of the many effective and popular change management approaches and models, an organization must first figure out why it needs the changes and how will the changes benefit it.

Q.1 Demonstrate the most important major approaches, models, cost and risks of change management

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the most important major approaches of change management :-

- using innovative approaches that helps the interest which is involved in it reaserch activities and collecting feedback from users and stake holders this technique stood as a evidence for business .

- the organisation should provide a sufficient budget for training and also efficient financial resources for the marketing team for that organisation .

- an assesment of change should be conducted like launching of communications campaign . delivering well used and high value social network .

- the user group should be turned into a winners group .

- conducting various launches and continuously involvement of users in the launch . this led foundation for improvement .

- the last approach is the managing of change by all these approaches the change management becomes effective .

models of change management :-

mckinsey model:-

mckinsey model is called as 7s model . this model is developed by the mckinsey company . there are 7 stages for managing the change .

strategy

structure

systems

shared values

style

staff

skills

lewin's model :-

lewin's model is the most effective model . it was developed by kurt lewin . this model consost of 3 mainb stages

unfreeze

change

refreeze

kotter's model:-

kotter model is the most popular model . it was developed by professor named kotter . it includes the following stages .

increase urgency

team building

correcting vision

communication

movement

short term goals

never give up

change incorporation

adkar model ;-

adkar model is a goal oriented model . adkar stands for

awarness

desire

knowledge

ability

reinforcement

nudge model :-

this model is used in economics , politics and behavioural science.

cost and risk of change management :-

the cost of change management includes the following

- loss of employees

- overruns of budget

- delaying projects

- loss of investments made in the projects

- loss of work

- redesigning cost

- quality of work

- loss of oppourtunity in other projects

Risk of change management -

  • unexpected obstacles
  • no meeting of regulations
  • no waste reduction
  • no increase in revenue
  • no efficiency
  • effect on suppliers
  • effect on customers
  • moral values
  • unexpected obstacles

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