What is the benefits and challenges of change management in an organization?
What is the benefits and challenges of change management in an organization?
In the Business, change is a constant. In today's competitive economy, organisations must continuously evolve to survive. Regardless of the industry in which you operate, it's probable that your organisation is going through some form of change, whether it's a change in leadership, a change in direction, or a change in product offerings. In addition, change might be difficult to manage. Thus, change management is required.
Change management is the process through which an organisation effectively and efficiently manages change by methodically planning, implementing, and monitoring organisational changes. It assists organisations in avoiding interruptions and ensuring that changes are implemented easily and effectively. Change management is important for any business that wants to stay flexible and respond to a market that is always changing.
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