New in Stock - Preliminary Exam Business Report Samples (Band 6 Exemplar)
Low-risk strategies focus upon:
keeping employees informed about the reason for changes,
why they are necessary and
involving employees in the change process.
Communication: Effective managers are able to scan the business environment to understand the factors that are impacting a business. The best managers are also able to communicate clearly their strategic vision in response to these influences in order to ‘sell’ the change to employees, to make a compelling case for change.
Information systems: The ability of a firm to collect, organise, process and retrieve information quickly can lead to business success. Without access to information on what’s actually happening inside a firm, management is blind to what actually needs to change. To measure the impact of change decisions, the development of information systems is critical.
Realistic goals: Firms cannot change overnight. It takes time and effort to move an organisation into a new mode of operation, especially large public companies with thousands of employees. Realistic goals should be made, focusing upon the scale of change (how much can change) and the rate of change (how quickly?)
There are a few key strategies to reduce resistance to change. These include:
Building trust among employees
Offering support throughout the change process
Specifying the exact nature of the change
Discuss the upcoming changes and allow opinions to be expressed
Clearly articulate the purpose of the change; despite negatives
Acknowledge challenges and empathise with difficulties
Do no rush the changes
Use information systems and facts to support argument for change
Support changes with new learning (training)
Allow employees to participate in change
Set reasonable goals / targets
Provide continual feedback on change progress