Understanding Change Management

514 Words2 Pages

Change is an outcome of a specific problems or opportunity that organization is facing. A change is a formal proposal to modify or alter any processes, systems, documents, deliverables, organization structures, strategies, approaches etc. Changes always associate some quantity risk and if they are adequately reviewed, assessed, managed and coordinated, the risk could be minimized. To effectively manage any change a structured approach should be in place to manage both the technical and people sides. Change management is the structured approach that applies a methodical strategy to assist and educate the individuals impacted by the change. Change management comprises understanding the change and controlling the disclosure to vulnerability such that overall risk to the business is handled efficiently. As per research study ninety six percentage of success rate is possible with effective change management and 6 times more likely to meet or exceed project objectives with excellent change management process.

Not having change management or ineffectively managing the change would impact ...

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