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3.6 managing change - Coggle Diagram
3.6 managing change
causes and effects of change
change of organsiation size - leadership, structure, culture, number of staff etc
poor performance
new ownership- spice up your life
transformational leader
PESTLE factors
effects
effect competiitiveness
productivity
financial performance
stakeholders
key factors in change
factors
organisation culture- well established can make it harder
size of organisation= harder to communicate changes the larger the business
how quickly the change happens
resistance to change eg employees and customers
scenario planning
assessing potential risks and quantifiying the potential cost
risk assessment= risks of an action
risk mitigation- acting early to any potential risks to reduce i
business continuity- plans to get a business back to normal after a situatio
succession planning- planning for an employee eventual replacement