U4 AOS 2 Implementing change

Cards (17)

  • Leadership in change management
    It is the ability to positively influence and motivate employees towards achieving business objectives during a transformation.
  • Management strategies to respond to KPIs:
    • Staff motivation
    • Staff training
    • Change in management styles
    • Change in management skills
    • redeployment of resources
    • Increased investment in technology
    • Improving quality in production
    • Cost cutting
    • Initiating lean production techniques
    • Innovation
    • Global sourcing of inputs
    • Overseas manufacture
    • Global outsourcing
  • Official Corporate Culture
    Involves the shared views and values that a business aims to achieve, often outlined in a written format.
  • Real Corporate Culture
    Is actual or prevailing the culture that exists within a business. (celebrations)
  • Segre's Learning Organization:
    Is a business that facilitates the growth of its members and continuously transforms itself to changing environments.
    Includes 5 principles:
    • Systems thinking
    • Mental models
    • Shared vision
    • Personal mastery
    • Team Learning
  • Low-risk strategies
    Are measured management approaches that gradually encourage employees to accept and participate in a business change.
    • Communication
    • Empowerment
    • Support
    • Incentives
  • High-risk strategies:
    Are autocratic management approaches used to influence employees to quickly accept and follow a business change.
    • Manipulation
    • Threats  
  • Shared Vision:
    This means that everyone in the business has a clear understanding of where the business is heading and why the business has a specific goal.
  • Mental Models:
    This means that there is a culture of openness and a willingness to share information and ideas freely between staff.
  • Personal Mastery:
    This means that employees are constantly looking at ways to improve themselves and master new skills.
  • Team Learning:
    This means that workers learn better when they are interacting, engaging and learning from other employees.
  • Systems Thinking:
    This involves looking at all aspects of an interconnected business, rather than just looking at specific problems in isolation.
  • Lewin’s Three-step Change Model
    Is a process that can be used by a business to implement change successfully.
  • Step 1: Unfreeze Step
    The unfreeze step involves moving a business to a state where stakeholders are prepared to undergo change.
  • Step 2: Change step
    This is where the change is implemented and the business moves towards its desired state.
  • Step 3: Refreeze Step:
    The refreeze step involves ensuring a change is sustained within a business for the long term
  • Corporate social responsibility (CSR):
    Is the ethical conduct of a business beyond legal obligations, and the consideration of social, economic, and environmental impacts when making business decisions.