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      <title>Change Management by Parag Saxena</title>
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      <description>Made with the best of intentions</description>
      <language>en-us</language>
      <pubDate>2020-08-29 23:12:46 UTC</pubDate>
      <lastBuildDate>2020-09-30 21:28:37 UTC</lastBuildDate>
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         <title>Change Management</title>
         <author>saxenaparag1973</author>
         <link>https://padlet.com/saxenaparag1973/32l3ym2594fqb7ch/wish/706939520</link>
         <description><![CDATA[<div><a href="https://www.youtube.com/watch?v=nb9915WsFoE">https://www.youtube.com/watch?v=nb9915WsFoE</a> - inspiration video<br><br>Change Management is a structured approach to transition individuals, teams and organisations from a current state to a desired future state. It is an organisational process aimed at helping employees to accept and embrace changes in their current business environment.<br><br><strong>Importance of change for business:<br></strong>- be competitive<br>- boost sales - revenue - profits<br>- enhance productivity<br>- tap more opportunities / new markets / new products<br>- avoid bankruptcy<br>- for thriving employees &amp; community <br>- to respond to challenges posed by external environment<br><br><br><br></div>]]></description>
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         <pubDate>2020-08-30 02:23:39 UTC</pubDate>
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         <title>Causes of Change + Types of Change</title>
         <author>saxenaparag1973</author>
         <link>https://padlet.com/saxenaparag1973/32l3ym2594fqb7ch/wish/706950079</link>
         <description><![CDATA[<div><br></div><div><strong>Internal Causes:</strong></div><div><a href="https://www.youtube.com/watch?v=m-mtskBT7IY">https://www.youtube.com/watch?v=m-mtskBT7IY</a> - Change in Leadership, Microsoft<br><br><a href="https://www.youtube.com/watch?v=6Z0oFA7eK6U">https://www.youtube.com/watch?v=6Z0oFA7eK6U </a>- Restructuring 1, Automotive Industry, NZ<br><a href="https://www.youtube.com/watch?v=P5NLObMwlfc">https://www.youtube.com/watch?v=P5NLObMwlfc</a> - Restructuring 2, HSBC<br><br><a href="https://www.youtube.com/watch?v=C4JTQ7ig_ME">https://www.youtube.com/watch?v=C4JTQ7ig_ME </a>- Expansion, Alibaba vs Amazon<br><br><strong>External Causes:</strong><br><a href="https://www.youtube.com/watch?v=xON-pFOeQiw">https://www.youtube.com/watch?v=xON-pFOeQiw</a> - Political, Brexit<br><br></div><div><a href="https://www.youtube.com/watch?v=1oMJRjY_uoM">https://www.youtube.com/watch?v=1oMJRjY_uoM</a> - Economic, The iPhone Will Be Made In India<br><br><a href="https://www.youtube.com/watch?v=_FGUkxn5kZQ">https://www.youtube.com/watch?v=_FGUkxn5kZQ</a> - Social, Why Starbucks failed in Australia <br><br><a href="https://www.youtube.com/watch?v=XuO2EqRddHM">https://www.youtube.com/watch?v=XuO2EqRddHM</a> - Technology, Can Walmart Catch Amazon In E-commerce?</div><div><br><br><br><br><br></div>]]></description>
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         <pubDate>2020-08-30 02:52:35 UTC</pubDate>
         <guid>https://padlet.com/saxenaparag1973/32l3ym2594fqb7ch/wish/706950079</guid>
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         <title>Change Management Strategies - Kotter&#39;s</title>
         <author>saxenaparag1973</author>
         <link>https://padlet.com/saxenaparag1973/32l3ym2594fqb7ch/wish/707510895</link>
         <description><![CDATA[<div><a href="https://drive.google.com/file/d/1nhDL33OkVac59twYwVXKyI_OXFQKb_Xm/view?usp=sharing">https://drive.google.com/file/d/1nhDL33OkVac59twYwVXKyI_OXFQKb_Xm/view?usp=sharing</a> - Kotter's 8 step change process<br><br><a href="https://docs.google.com/presentation/d/1-6aeipkX8wcTMqBkh5dlO3lwR3YcFUx_WIkMYNEkFow/edit#slide=id.p1">https://docs.google.com/presentation/d/1-6aeipkX8wcTMqBkh5dlO3lwR3YcFUx_WIkMYNEkFow/edit#slide=id.p1</a> - Change Management Strategies<br><br><strong>MAHI KAINGA (HOME WORK):</strong><br>Please record your answers for chosen strategies as discussed in the Group activity in the class<br><br><mark>Below is sample of an "Excellence" answer</mark><br><br><strong>CETA Practice Examination<br>Question (b): </strong>Select ONE of the strategies above or any other strategy that might be suitable. Evaluate whether the selected strategy is likely to result in Plastiks Ltd achieving effective change in your answer:<br><br></div><ul><li>Fully explain ONE positive and ONE negative impact that the implementation of the selected strategy may have on the anticipated resistance of the employees of Plastiks Ltd</li><li>Provide a justified conclusion as to whether the implementation of the selected strategy is likely to result in Plastiks Ltd achieving effective change</li></ul><div><br><strong><mark>ANSWER:</mark></strong><br><strong>Selected strategy</strong> - inviting employees to participate and be involved in the change</div><div>This strategy will be most suitable <strong>beacause</strong> Joe's research has discovered that one of the key reasons to resistance to change is "fear of the unknown"and "mistrust of management". By involving employees to participate in the change Joe will be able to invoke greater commitment to the change and reduce resistance amongst employees. <br>One major advantage is that it will help solve specific problems related to the movement of the manufacturing unit.<br>One disadvantage though it will involve more time and reduce the productivity in the short-run<br>Choosing this strategy will <strong>lead to</strong> more certainty amongst the employees, alleviate fear and instill more trust on the management.<br>Overall this strategy will alleviate the basic resistance to change amongst most of the employees, workers will feel more involved and certain about the future of the company and their own future within the company. It will also provide few employees the opportunity to grow within the company, gain experience in working international market and some will even be able to secure their jobs by moving laterally to other roles in marketing/administration.<br><strong>Therefore</strong> the chosen strategy is most likely to result in Plastiks Ltd achieving effective change as the immediate and long-term benefits  will far outweigh the loss in short-term productivity. So also, Plastiks Ltd will be able to compete in NZ market by providing more competitive prices due to reduced manufacturing costs and exponentially grow their business by participating in the Chinese market as well, leading to increased revenues, sales and profits.<br><br>NOTE: Inorder to justify your answer and secure an excellence you need to compare the advantages over disadvantages and link it to the competitive edge it provides the business and how does it help the business address the concerns of its key stakeholders, for instance how will it impact the revenues, sales and profits or how will it help Maori tikangas of sustainability, Kaitiaki tanga and others</div>]]></description>
         <enclosure url="https://www.youtube.com/watch?v=7qlJ_Y8w5Yk&amp;t=38s" />
         <pubDate>2020-08-30 20:53:36 UTC</pubDate>
         <guid>https://padlet.com/saxenaparag1973/32l3ym2594fqb7ch/wish/707510895</guid>
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         <title>Change Management Strategies - Peter F Drucker&#39;s</title>
         <author>saxenaparag1973</author>
         <link>https://padlet.com/saxenaparag1973/32l3ym2594fqb7ch/wish/707653434</link>
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         <pubDate>2020-08-31 00:12:47 UTC</pubDate>
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         <title>Change Management Strategies - John Storey&#39;s</title>
         <author>saxenaparag1973</author>
         <link>https://padlet.com/saxenaparag1973/32l3ym2594fqb7ch/wish/707986273</link>
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         <pubDate>2020-08-31 04:48:09 UTC</pubDate>
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         <title>Resistance to Change</title>
         <author>saxenaparag1973</author>
         <link>https://padlet.com/saxenaparag1973/32l3ym2594fqb7ch/wish/707996415</link>
         <description><![CDATA[<div><br><a href="https://drive.google.com/file/d/11sF_WxZxTXxBoNjZzl0fDX_kekpZlbH_/view?usp=sharing">https://drive.google.com/file/d/11sF_WxZxTXxBoNjZzl0fDX_kekpZlbH_/view?usp=sharing</a> - Kubler-Ross Model<br><strong><br>Ways to communicate the change:</strong><br>- help people see the logic, the underlying urgency<br>- share the vision<br> - show how it will benefit staff, organisation, customers and community<br>- be repetitive<br>- share celebrate each level of success<br>- reward people</div>]]></description>
         <enclosure url="https://www.youtube.com/watch?v=WvDY_1KVPF8" />
         <pubDate>2020-08-31 04:55:49 UTC</pubDate>
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         <title>RECAP - Change Management</title>
         <author>saxenaparag1973</author>
         <link>https://padlet.com/saxenaparag1973/32l3ym2594fqb7ch/wish/719911305</link>
         <description><![CDATA[<div><a href="https://docs.google.com/presentation/d/1dfjUfoRmd-2yDSsFMWEM6rrJIH_8KSZbBuP2pD6wYug/edit#slide=id.p1">https://docs.google.com/presentation/d/1dfjUfoRmd-2yDSsFMWEM6rrJIH_8KSZbBuP2pD6wYug/edit#slide=id.p1</a><br><br></div>]]></description>
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         <pubDate>2020-09-04 01:45:18 UTC</pubDate>
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