Please enable JavaScript.
Coggle requires JavaScript to display documents.
**Ch 14 Managing Change (Part 1) - Coggle Diagram
**Ch 14 Managing Change (Part 1)
Reasons for Change in a Business
Technology
Employees
Consumers
Laws
Competitors
Resistance to Change
Fear of failure
Redundancy
Loss of Control
Lack of rewards
Laziness
Overcoming Resistance to Change
Open Communication
Employee involvement
Leading by example
Rewards
Training
Ways to encourage Empowerment
Investment in training
Rewards
Trusting employees
Control mechanism
Benefits of Empowerment
Decision-making
Employee motivation
Management time
Better Customer Service
Risks of Empowerment
Employee Training
Managerial Control
Lower Motivation
Less Managerial Supervision
Employee participation
Employee Work Councils
Worker Directors
Employee Share Purchase Plan (ESPP)
Importance of Employee Participation
Increased motivation
Improved industrial relations
Improved decision-making