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Modern Corporate Have Managed Change in the Present Scenario

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Modern Corporate Have Managed Change in the Present Scenario
LONDON SCHOOL OF SCHOLARS

Explain how the modern corporate have managed change in the present scenario

By:
ARUN MANTOOR
Student Id: LSSPGB33122
Course: PGDBM leading to MBA 2009
Professor: K. RAJA
Introduction:
In the modern organization change process an important aspect for the survival of its business. Change is the process which is applied for the organization development, these changes are not similar in nature, some are planned and some changes keep on happening in nature. The particular change is accepted as an exception, there is no change in ongoing aspects. Change management is a structured approach to transitioning individuals, teams, and organizations from a current state to a desired future state. Change management (or change control) is the process during which the changes of a system are implemented in a controlled manner by following a predefined framework/model with, to some extent, reasonable modifications.
Change Process: Besides understanding the change process, educators also need to become more skilled in its use. As Miles (1986) and Fullan (1991) have demonstrated, the change process consists of a series of three overlapping phases: initiation, implementation, and institutionalisation. The initiation phase is about deciding to embark on innovation, and of developing commitment towards the process. The key activities in the initiation phase are the decision to start, and a review of the organisation current state as regards the particular change. The lists of factors at this stage are:

• The innovation should be tied to a local agenda and high profile local need
• A clear, well-structured approach to change
• An active advocate or champion who understands the innovation and supports it
• Active initiation to start the innovation (top-down is OK under certain conditions)
• Good quality innovation.

Change management is done by many independent consultants who claim to

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