Proceedings of The 5th International Conference on Future of Business, Management and Economics (Part A)
Year: 2023
DOI:
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The Impact of Change and Change Management in Achieving Corporate Goals and Objectives: Organizational Perspective
M I M Ashker, M N F Nifroosha
ABSTRACT:
Change adaptation has become an essential part of everyone’s life and the viability of enterprises. Despite the fact that most organizations face a constant need for change in their day-to-day operations, their perceptions of change are different. It is the major aim of this study to perform an in-depth investigation of the role that organizational goals and objectives are achieved via change and change management. Change may be brought about by either internal or external factors; it defines the many types of change and organizational change; and it examines the positive as well as negative consequences of change. To be more precise, it addresses the following: That’s not all: It’ll explain how to implement an effective change management plan using a variety of different change models, and it’ll also illustrate the prospective benefits that change management can bring to the firm. In order to ensure a smooth transition of change and benefit the company, companies need to use mechanized tactics to reduce the amount of opposition. As the change is executed, leaders and managers should act as role models for how the change may be effectively managed after it has been implemented. Various studies in this research confirm the link between change, change management, and the attainment of corporate goals and objectives, thus management and organizations should make sure that any change plan they implement is in line with those goals and objectives. Any change project has to be connected with the company’s goals and objectives if management and organizations want it to be effective.
keywords: Change, Organizational Change, Change Typologies, Change Management, Resistance to Change