Manage Change

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Category: Business and Industry

Date Submitted: 06/07/2012 05:37 AM

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“Change is inevitable; you must embrace it in order to step forward’. Describe how a business can manage change effectively and evaluate the effectiveness of employment relations on strategies in achieving change

In such a competitive business environment, ‘change in inevitable; you must embrace it on order to step forward’. The management of change affects all areas of business. Effective employment relations is one of the integral components of managing change effectively. Renowned businesses such as Oroton, HSBC and Chevron place great emphasis on effective ER strategies to bring about change that will sustain efficient business growth and maintain competitive edge.

Mgmt can bring about change through the 4 step model. First, the business needs to identify the need for change. These may include social, economical, financial, geographic, legal, political, market or technological influences. For example, new technological development that may help increase productivity and reduce costs of business operations will act as a need for change for business to update their current productions methods to step forward against its competitors. Chevron, being one of the top five crude oil companies in the world is continuously updating its technology, such as using more effective oil plants that use tiny Microsystems that identify problems within the oil filtering process. This helps to maintain best quality for products and thus taking advantage of benefits of change.

Once the need for change is identified, the business needs to start setting achievable goals. These goals can be identified through a SWOT analysis. The management’s role then is to create a culture of change. By informing employees and preparing them for a change in business operations, the change can be brought out successfully without resistance to change, which may be financial costs, inertia, staffing or cultural incompatibility.

The fourth and final step involves the implementation of change, which...