The Importance of Leadership in Change Management (VCE SSCE Business Management): Flashcards
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Practise the cards
10 cards from this deck
When leadership is particularly critical
When leadership is particularly critical
During organisational change, decline, or growth
Strategies (business definition)
Strategies (business definition)
Methods & plans to develop, grow & meet objectives
Traditional change management style
Traditional change management style
Top-down with little employee consultation
Modern change management focus
Modern change management focus
Building relationships & engaging stakeholders
Poor leadership during change causes
Poor leadership during change causes
Employee cynicism and resistance
The cynicism trap
The cynicism trap
Once developed, extremely difficult to overcome
SME owner/manager change challenge
SME owner/manager change challenge
Bears sole responsibility while maintaining operations
Foster innovation as leader
Foster innovation as leader
Recognise ideas & provide experiment resources
Benefit of acting quickly in change
Benefit of acting quickly in change
Reduces uncertainty & anxiety period
External perspective importance
External perspective importance
Understand market trends & competitor activities