Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 1 out of 1 pages
Summary

Summary Notes on Unit 10 - Managing change pt 1

Document preview thumbnail
Preview 1 out of 1 pages

These notes talk about why a business might undergo change within itself and also the problems or barriers that a business might face to wanting to change. It also talks about why change might be necessary within a business and how you would manage change.

Content preview

Unit 10 – managing change 2/11/2022

Why change? Problems/Barriers
 Expansion/growth  Monetary reasons
 Digitise ways of doing tasks  Behaviour of people e.g. resisting
(improve how they’re done) change.
 Legal changes  Communication
 Improve something e.g. product,  Time consuming + other resources
people. 
 Performance problem
 New targets/objectives e.g. ROI
 Save costs
 New leadership


 Managing change is the combination of activities involved in planning for,
coordinating and monitoring the process of change.
 For change to be achieved with maximum positive outcomes and minimum
negatives it is necessary to manage it.
 Change occurs when a business alters its structure, size or strategy to respond to
internal or external influences.
 Change may be necessary to help a business meet its aims and objectives.
 Change creates opportunities and threats.
 Change should not be seen as a bad but must be managed carefully to ensure a
business maintains or increases its competitiveness as a result of change.

Document information

Study Level
Uploaded on
June 19, 2023
Number of pages
1
Written in
2022/2023
Type
Summary
£3.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Sold
0
Followers
0
Items
28
Last sold
-



Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their exams and reviewed by others who've used these revision notes.

Didn't get what you expected? Choose another document

No problem! You can straightaway pick a different document that better suits what you're after.

Pay as you like, start learning straight away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and smashed it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions