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Managing and Controlling Strategic Change - 20240626 - 023152 - 0000
Managing and Controlling Strategic Change - 20240626 - 023152 - 0000
Managing and Controlling Strategic Change - 20240626 - 023152 - 0000
CONTROLLING
STRATEGIC CHANGE
-SARAH
CONTENT
01 UNDERSTAND WHAT STATEGIC CHANGE MEANS.
05 PROMOTING CHANGE
-Types of changes
Evolutionary (Incremental) Change: Slow, gradual changes over time.
Eg:Governments gradually implement stricter emissions standards (anticipated)
Unexpected rise in the price of essential components. (Unexpected).
Revolutionary (Dramatic) Change: Sudden, often unanticipated changes that cause significant disruption.
Eg:Announced changes in trade agreements or tariffs (anticipated)
Earthquakes, hurricanes, or other disasters disrupting supply chains or operations.(Unexpected)
Recognise the major causes of
change
Major changes Examples of change Managing change
Technological advances in products (e.g. new computer games, Al and machine learning, need for labour retraining
new products and new hydrogen- powered cars) purchase of new equipment
processes (e.g. robots in production, CAD in design offices, additions to product portfolio and other products to be dropped
processes computer systems for inventory control) need for quicker product development, which may need new organisational structures and teams
Macroeconomic change: changes in consumers' disposable incomes need for flexible production systems (including staff flexibility) to cope with
fiscal <policy, interest and demand patterns that result from this demand changes
rates, fluctuations in the explain need for extra capacity or the need to rationalise
boom or recession conditions, which require deal with redundancies in ways that encourage workers who remain to accept change
business cycle
either extra capacity or rationalisation
changes to what can be sold or when (e.g. employee training on company policy, e.g. selling certain goods to children
Legal changes 24-hour licences for restaurants) flexible working hours and practices
Need for change-To remain competitive, meet new market demands, adapt
to technological advancements, improve efficiency, and align with new
regulations.
Senior managers should follow this checklist
- New Vision and Objectives:
Why: Stay relevant and competitive.
Action: Communicate the new vision and ensure resources are in place.
-Involve Employees:
Why: Increase acceptance and gather valuable input.
Action: Engage employees in planning and implementation.
-Effective Communication:
Why: Align everyone with the change objectives.
Action: Maintain open and consistent communication.
-Introduce Initial Changes with Quick Results:
Why: Build momentum and confidence.
Action: Implement small, impactful changes that show early benefits.
-Focus on Training:
Why: Equip employees with necessary skills.
Action: Provide comprehensive training programs.
Project group
groups created by an organisation to address a problem
that requires input from different specialists.
Project champion
a person appointed to support a project and drive it forward by
explaining the benefits of change and assisting and supporting
the team putting change into practice.
Promoting change
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