Why is successful change management a strategic imperative for organizations?
In today’s marketplace, change is an ongoing necessity. According to a 2007 survey by the Society for Human Resource Management, 82 percent of companies had planned or implemented major organizational change in the prior 24 months. As evidenced by the survey, you must constantly change and evolve in order to grow and not remain stagnant. In order for your company to be successful, clients need to feel they are receiving not only good service but the latest and greatest service at all times. To meet these demands, businesses must be in constant evolution. Effectively managing the dynamic business environment necessitates both vision and fortitude to quickly respond to change. What components of change cause anxiety, and what missteps feed this anxiety? Change management entails understanding the transitioning of individuals through the phases of the change while strengthening the organizational development initiative. In order to effectively strengthen your organization through change,
