BSBLDR601 Project Attacko

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School

Lonsdale Institute *

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Course

538

Subject

Management

Date

Feb 20, 2024

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docx

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5

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BSBLDR601 Lead and manage organisational change Otgonbaatar Damdinragchaa
Project 1. Discuss the events or trends that may impact on the achievement of organisational objectives, and discuss how the external environment can impact on change strategies. a. Political trends: The government may increase road or toll tax. This would increase service charge costs for the company, resulting in decreased profit. b.Customer trends External environment factors are important because they   can cause direct and indirect effects on business operations, personnel and revenue. The external environment of a company changes constantly in ways beyond the company's control, but executives and managers can track these changes and minimize their consequences. 2. Wh at existing policies and practices might be used to guide organisational change? Best practices for organizational change Develop a strategic vision & business case. Expect change as a constant. Know your appetite for risk. Simplify change processes. Deploy automation & AI. Take ITIL®   as a guideline, not a hard rule. Harness the power of communication. Inspire & motivate champions. 3. Outline the methods that can be used for conducting cost-benefit analysis for high priority change requirements and opportunities. Net Present Value and Benefit-Cost Ratio   are the two most common methods of doing a cost- benefit analysis. The NPV model chooses the project with the highest NPV. The benefit-cost ratio model chooses the project with the highest benefit-cost ratio.
4. Outline the methods for conducting a risk analysis. 5 risk analysis methods Bow tie analysis. Bow tie analysis is a risk analysis method used to manage and reduce risks. Delphi. SWIFT analysis. Probability/consequence matrix. Decision tree analysis. 5. Identify barriers to change and discuss relevant mitigation strategies. Barriers to organisational change management limited understanding of the change and its impact. negative employee attitudes. failure to involve employees in the change process. poor or inefficient communication. inadequate resources or budget - see cost of change management. resistance to organisational culture shift. Here are three things leadership can do to reduce the risk and increase the chances of success with organizational change. 1. Change strategy co-creation. ... 2. Employee ownership of change implementation plan. ... 3. Open conversations about change.
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6. Explain the content of communication and education plans. The five steps involved in creating a communications plan are: (1) establishing goals; (2) defining key audiences; (3) identifying key messages; (4) creating a tactical outreach plan; and (5) specifying a timeline for moving forward. 7. Reflect on the methods for promotion of benefits of organisational change. Tips for Managing Organizational Change Understand the Process of Change. No two change initiatives are the same. Understand the Forces of Change. To effectively manage change, managers must first grasp why it's necessary. Create a Plan. Communicate. Prepare for Roadblocks. 8. Explain the change management processes or cycles. 5 Steps in the Change Management Process 1. Prepare the Organization for Change. ... 2. Craft a Vision and Plan for Change. ... 3. Implement the Changes. ... 4. Embed Changes Within Company Culture and Practices. ... 5. Review Progress and Analyze Results.
9. What strategies might be used for communicating and embedding change? How to Successfully Implement and Embed Change Create Momentum. Form a Powerful Coalition. Create a Vision for Change. Communicate the Vision. Remove Obstacles. Create Short-Term Wins. Build on the Change. Anchor the Change in Your Culture. 10. Discuss organisational behaviour. Organizational behavior or organisational behaviour is the: "study of human behavior in organizational settings, the interface between human behavior and the organization, and the organization itself". 11. Identify the components of a change management project plan. Typically, there are six components of Change Management: Leadership Alignment, Stakeholder Engagement, Communication, Change Impact and Readiness, Training, and Organisation Design.