“the coordination of a structured period of transition from situation A to situation B to achieve lasting change within an organization”. (BNET Business Dictionary)
Basically an organization will implement change management to maximize profit, achieve their goals with various of strategies, the strategy of organization may change but the objective is firm one.
Leaders play a noteworthy role in edifying high-performance teams who have great levels of job satisfaction and organizational dedication. Leaders is responsible not only for leading but also coaching followers with a sense of direction needed to achieve organizational goals. …show more content…
Five type of technologies that bank will have to watch out for 2016 will be Blockchain, Internet of Everything, Cloud Services, Open Banking and Mobility & Wearables. For example, the sheer pace of change suggests that IT architectures will require significant re-engineering to support a complete re-working of traditional banking operating model.
Change Model and Theoretical Perspective
A Force Field Analysis – Kurt Lewin’s model
Force Field Analysis is a general tool for systematically analysing the factors found in complex problem founded by sociologist Kurt Lewin (1951). Lewin advocate any current level of performance or being as a state of equilibrium between the driving forces that encourage upward movement and the restraining forces that discourage it. It frames problems in terms of factors or pressures that support the status quo (restraining forces) and those pressure that support change in the desired direction (driving forces).
The driving forces are usually positive, reasonable, logical, conscious and economic.
The restraining forces are usually negative, emotional, illogical, unconscious and