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20710332
Change
Description
A level Business Studies Mind Map on Change, created by Carys Howells on 03/02/2020.
No tags specified
causes of change
change management
lewin's three step theory
j.storey theory
business studies
a level
Mind Map by
Carys Howells
, updated more than 1 year ago
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Created by
Carys Howells
almost 5 years ago
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Resource summary
Change
Causes of Change
New technology
Change in competition
Change in consumer taste
New Legistlations
Labour market changes
Economic conditions
Change in business ownership
Change can be......
Internal
External
Planned
Created internally, organised structural and timetabled
Clear objectives for the changes established
Unplanned
Occurs in response to a shock
Unstructured & under-resourced
Change Management
Essentil to get right to ensure a business adapts effectively
Increased Competitiveness
Improved financial performance
High staff morale/ low turnover
Theory 1- Lewin's three step
3. Refreeze
Change is set
New policies
Training needed
2. Change
Time to adjust
Implementation
1. Unfreeze
Comunicate to employees
Invite discussion
Theory 2- J.Storey
Humane approach to managing change, focuses on commitment of staff
4 key elements to minimise impact of any negative aspects and enhance positive aspects
Beliefs
Strategic qualities
Role of line managers
Key leavers
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