Change in leadership Organizations that find themselves in significant

Change in leadership organizations that find

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Change in leadership: Organizations that find themselves in significant financial distress will typically change leaders; this will lead to a new vision, a new mission statement, and a totally different culture and direction. additional influential factors like the economy, politics, competitors, suppliers, social trends, natural resources and others all play a significant role in the reshaping of a transforming company. [CTU18145]. Resistance to Change - Any type of change within an organization is impactful to employees, and resistance to change is highly likely. Research has indicated that there are many reasons that employees may be resistant to change. Some of these include the following (Tanner, n.d.): Fear of the unknown: Individuals facing change may not really know the potential impact it will have on them Loss of job or status within an organization: Change may bring with it the possibilities of a reduction in force (RIF) or a change in responsibility levels Lack of information: Employees that are not provided with the reasons for the change or the value associated with it may not buy into the process
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Occurrence of multiple changes within a short period of time: Employees that have borne witness to several changes within a short period of time may view these changes as the flavor of the month and may not engage in the change process Environment of mistrust: When employees perceive their leaders as dishonest, they will not trust changes induced by them Resource Management - These include human resources, information technology resources, production technology resources, raw materials, supplies, and financial resources. The supply chain management function in an organization assists change leaders by providing information regarding the projected supply of physical resources. With regard to human resources (HR), the HR function conducts workforce planning to ensure that the necessary employees for a change are hired or contracted and trained. The information technology function prepares information technology resources for the organization in a change process. The financial professionals guide the organization’s financial resources, including loans and investments. During a change process, the coordination and availability of the resources are necessary to ensure business sustainability [CTU18155]. routine change - the scope of the change happens over and over on a regular basis [CTU18140]. Routine change refers to activities that are regularly occurring. For example, in an auto manufacturer or cell phone manufacturing firm, there is a need for annual new product launches. Thus, the new product development activity—while having large ramifications—is still a routine change. It happens every year, and the nature of the new product will differ from model year to model year, but the process, the people and departments impacted, and the resources required all generally follow the same script as the previous routine change. For a service provider, such as an insurance company, a routine change might
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