All large organisations face significant contemporary change management issues - VCE - SSCE Business Management - Question 8 - 2004 - Paper 1
Question 8
All large organisations face significant contemporary change management issues.
- Describe a significant contemporary change management issue that an organisation ma... show full transcript
Worked Solution & Example Answer:All large organisations face significant contemporary change management issues - VCE - SSCE Business Management - Question 8 - 2004 - Paper 1
Step 1
Describe a significant contemporary change management issue that an organisation may face.
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Answer
One significant contemporary change management issue that organisations face is the rapid technological advancement. With the increasing rate of technology changes, organisations must continuously adapt their processes and systems to stay relevant. This often involves retraining employees, implementing new systems, and sometimes redefining business objectives to align with technological capabilities.
Step 2
What would be the benefits to an organisation of implementing effective change management strategies?
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Implementing effective change management strategies provides several benefits, including:
Reduced Resistance to Change: When employees are well-informed and supported during transitions, they are less likely to resist changes.
Increased Efficiency: Change management helps streamline processes, resulting in improved productivity and operational efficiency.
Enhanced Employee Morale: A supportive change management approach fosters a positive environment, boosting employee morale and commitment to organisational goals.
Stronger Competitive Advantage: By effectively managing change, organisations can quickly adapt to market shifts, continually positioning themselves ahead of competitors.
Step 3
Use an example to show how an organisation has incorporated effective change management into its business practices.
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A notable example is how a large retail company implemented an effective change management strategy during the digital transformation of their sales processes. The company had to shift from traditional brick-and-mortar sales to e-commerce. They conducted comprehensive training sessions to educate employees about the new systems, utilized internal communication to address concerns, and provided ongoing support during the transition, which resulted in a seamless integration of new technologies into their business practices.