Answer to Question #247046 in Management for aman

Question #247046

Turban et.al., (2008) has argued that organisations need to react quickly to business pressures if they are to succeed. They must be ready with critical responses to these threats and opportunities. A critical response can be a reaction to pressure already in existence, an initiative intended to defend an organisation against future pressures, or an activity that exploits an opportunity created by changing conditions.

Based on the above statement, elaborate the major critical responses to the business management, by using appropriate examples.


1
Expert's answer
2021-10-06T09:54:03-0400

For any large or small organization, the pressure to obtain more advantages and other benefits increases as the market changes. The urge to grow quickly can sometimes be beneficial in achieving the goal or even beyond it. To be successful, change management necessitates more than just planning; it also necessitates addressing the substantial human element of change resistance. Leaders must create a change plan and successfully communicate it to shareholders, as well as empower and assist staff and manage change resistance. Change management necessitates strong leadership as well as an understanding of how organizations change. Leaders have the unique responsibility of not only creating but also implementing and communicating change efforts to their subordinates. Change management necessitates more than just planning; it also necessitates addressing the substantial human element of change resistance.


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