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Discuss strategies that Aileen could use to successfully manage the change process in the business - Leaving Cert Business - Question B - 2001
Question B
Discuss strategies that Aileen could use to successfully manage the change process in the business. Explain your answer fully.
Worked Solution & Example Answer:Discuss strategies that Aileen could use to successfully manage the change process in the business - Leaving Cert Business - Question B - 2001
Step 1
Identify the Need for Change
Answer
Aileen should start by clearly identifying the specific areas in her business that require change. This includes addressing the issues highlighted by her advisor and recognizing that the current management style may not be effective in meeting the evolving challenges of the fashion industry. Conducting a SWOT analysis could be beneficial to assess the strengths, weaknesses, opportunities, and threats facing her business.
Step 2
Engage Stakeholders
Answer
Engaging with stakeholders, including employees, suppliers, and customers, is crucial in the change process. Aileen should involve her team in discussions about the necessary changes. By encouraging open communication, she can gain valuable insights, reduce resistance, and foster a collaborative environment that supports change.
Step 3
Implement Training and Development
Answer
To ensure that the changes are effectively integrated, Aileen should invest in training and development for her staff. This will equip them with the necessary skills to adapt to new processes and technologies. Additionally, setting up continuous feedback mechanisms will allow her to monitor progress and make adjustments as needed.