Change Management as a Crucial Process Essay

Exclusively available on Available only on IvyPanda® Made by Human No AI

Change management is a crucial process in the field of business as modern ventures have to adapt to multiple challenges in order to stay relevant and in demand on the market. Any organizational changes require evaluation using appropriate change management validity tools. In the company under consideration, the effectiveness of organizational changes is assessed by measuring individual and organizational performances. In particular, individual performance prior to and after the change in the venture is evaluated by comparing key performance indicator (KPI) measures, with additional information such as change adherence being taken into account. In order to obtain accurate data, KPI should focus on the indicators relevant to the undertaken change. The overall organizational performance can be evaluated through a variety of metrics, including cost reduction and increase in revenue, productivity, and customer satisfaction. Overall, the evaluation of individual performance improvement with the help of the KPI tool as well as the assessment of different organizational metrics, can accurately measure the effectiveness of the change in the company.

Furthermore, potential project outcomes can be estimated by employing different analytical frameworks. Such frameworks allow the management team to predict how a specific change in the organization will affect its day-to-day operations, employee productivity, and performance, among other factors. For example, an analytical framework to assess project risks can be implemented to account for the severity of the hazard and vulnerability of the organization as well as the capacity to cope. An analytical framework to illustrate possible project outcomes is to include the components and metrics related to the project with logical support for their inclusion and relation to other elements. The framework is to be presented in a visual form with the interpretation of results attached in order to ease comprehension and decision-making. In summary, analytical frameworks can lead to a better understanding of the proposed project and help adjust components to improve outcomes.

More related papers Related Essay Examples
Cite This paper
You're welcome to use this sample in your assignment. Be sure to cite it correctly

Reference

IvyPanda. (2024, February 27). Change Management as a Crucial Process. https://ivypanda.com/essays/change-management-as-a-crucial-process/

Work Cited

"Change Management as a Crucial Process." IvyPanda, 27 Feb. 2024, ivypanda.com/essays/change-management-as-a-crucial-process/.

References

IvyPanda. (2024) 'Change Management as a Crucial Process'. 27 February.

References

IvyPanda. 2024. "Change Management as a Crucial Process." February 27, 2024. https://ivypanda.com/essays/change-management-as-a-crucial-process/.

1. IvyPanda. "Change Management as a Crucial Process." February 27, 2024. https://ivypanda.com/essays/change-management-as-a-crucial-process/.


Bibliography


IvyPanda. "Change Management as a Crucial Process." February 27, 2024. https://ivypanda.com/essays/change-management-as-a-crucial-process/.

If, for any reason, you believe that this content should not be published on our website, please request its removal.
Updated:
This academic paper example has been carefully picked, checked and refined by our editorial team.
No AI was involved: only quilified experts contributed.
You are free to use it for the following purposes:
  • To find inspiration for your paper and overcome writer’s block
  • As a source of information (ensure proper referencing)
  • As a template for you assignment
1 / 1